Common use of Company’s Expenses Clause in Contracts

Company’s Expenses. The Company shall pay directly all charges and expenses directly attributable to its operations, including but not being limited to the following: Board and Bureau fees; state guaranty fund assessments and other assessments for, or based on, business written pursuant to this Agreement; premium taxes and any other assessments levied by a state or local governmental authority on business written hereunder; cost of reinsurance; and legal and auditing expenses incurred at the direction of the Company.

Appears in 2 contracts

Samples: Managing General Agency and Claims Administration Agreement, Managing General Agency and Claims Administration Agreement (Federated National Holding Co)

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Company’s Expenses. The Company shall pay directly all charges and expenses directly attributable to its Company’s operations, including but not being limited to the following: Board and Bureau fees; state guaranty fund guarantee funds assessments and other assessments for, or based on, business written pursuant to this Agreement; premium taxes and any other assessments levied by a state or local governmental authority on business written hereunder; cost of reinsurance; and legal and auditing expenses expense, actuarial fees, banking fees, investment fees incurred at the direction of the Company, and any other reports or investigations initiated or required by Company.

Appears in 2 contracts

Samples: Managing General Agency and Claims Administration Agreement (TWFG, Inc.), Managing General Agency and Claims Administration Agreement (TWFG, Inc.)

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Company’s Expenses. The Company shall pay directly all charges and expenses directly attributable to its operations, including but not being limited to the following: Board and Bureau fees; state Florida guaranty fund funds assessments and other assessments for, or based on, business written pursuant to this Agreement; premium taxes and any other assessments levied by a state or local governmental authority on business written hereunder; cost of reinsurance; and legal and auditing expenses incurred at the direction of the Company.

Appears in 1 contract

Samples: Managing General Agency Agreement (Homeowners Choice, Inc.)

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