Common use of CONTROL OF EXPIRATIONS Clause in Contracts

CONTROL OF EXPIRATIONS. 8.1 The Managing General Agent’s records and the use and control of expirations of the business produced by the Agents appointed by the Managing General Agent or by the Company at the Managing General Agent’s request shall remain the property of the Managing General Agent and be left in the Managing General Agent’s undisputed possession, provided the Managing General Agent is not in default and accounts for and pays over all premium and other sums for which the Managing General Agent may be liable to the Company.

CONTROL OF EXPIRATIONS. 8.1 The Managing General Agent’s 's records and the use and control of expirations of the business produced by the Agents appointed by the Managing General Agent or by the Company at the Managing General Agent’s 's request shall remain the property of the Managing General Agent and be left in the Managing General Agent’s 's undisputed possession, provided the Managing General Agent is not in material default and accounts for and pays over all premium and other sums for which the Managing General Agent may be liable to the Company.

CONTROL OF EXPIRATIONS. 8.1 The Managing General Agent’s 's records and the use and control of expirations of the business produced by the Agents appointed by the Managing General Agent or by the Company at the Managing General Agent’s 's request shall remain the property of the Managing General Agent and be left in the Managing General Agent’s 's undisputed possession, provided the Managing General Agent is not in default and accounts for and pays over all premium and other sums for which the Managing General Agent may be liable to the Company.