Collateral Release. A. As of December 15, 2015 or 31 days from the date of loss, whichever is later, the parties shall determine how much collateral will be required to be maintained within the Trust Fund, less any amount required under the Obligations Article. This calculation will be performed on a monthly basis until all liability has been extinguished.
Appears in 1 contract
Samples: Interests and Liabilities Agreement (Federated National Holding Co)
Collateral Release. A. As of December 151, 2015 2011 or 31 days from the date of lossthe loss occurrence under the Original Contract for which reinstatement premium is due from the Company, whichever is later, the parties shall determine how much collateral will be required to be maintained within the Trust Fund, less any amount required under the Obligations Reserves Article. This calculation will be performed on a monthly basis until all liability has been extinguished.
Appears in 1 contract
Samples: Interests and Liabilities Agreement (21st Century Holding Co)
Collateral Release. A. As of December 151, 2015 2012 or 31 days from the date of lossthe loss occurrence under the Original Contract for which reinstatement premium is due from the Company, whichever is later, the parties shall determine how much collateral will be required to be maintained within the Trust Fund, less any amount required under the Obligations Reserves Article. This calculation will be performed on a monthly basis until all liability has been extinguished.
Appears in 1 contract
Samples: Interests and Liabilities Agreement (Federated National Holding Co)
Collateral Release. A. As of December 151, 2015 2011 or 31 days from the date of loss, whichever is later, the parties shall determine how much collateral will be required to be maintained within the Trust Fund, less any amount required under the Obligations Reserves Article. This calculation will be performed on a monthly basis until all liability has been extinguished.
Appears in 1 contract
Samples: Excess Catastrophe Reinsurance (21st Century Holding Co)
Collateral Release. A. As of December 151, 2015 2013 or 31 days from the date of loss, whichever is later, the parties shall determine how much collateral will be required to be maintained within the Trust Fund, less any amount required under the Obligations Reserves Article. This calculation will be performed on a monthly basis until all liability has been extinguished.
Appears in 1 contract
Samples: Interests and Liabilities Agreement (Federated National Holding Co)
