Common use of Duties of Agents Clause in Contracts

Duties of Agents. A. has separately undertaken to act in a brokerage capacity for the Original Insured, and, as such, has undertaken to likewise perform a number of operational and administrative functions for and on behalf of the Original Insured, and has further undertaken to avoid any conflicts that would interfere with its duties to the Original Insured. In all negotiations with Reinsurers, shall act solely on behalf of and in the best interests of the Original Insured. All communications (including, but B. not limited to, notices, statements, premiums, return premiums, taxes, losses and loss settlements) relating to this Contract shall be transmitted between and among the Original Insured, the Company and/or the Reinsurer through . Payments by and through the Company to shall be deemed payment to the Reinsurer. Payments by the Reinsurer to and through the Company to the Original Insured shall be deemed payment to the Original Insured only to the extent that such payments are actually received by the Original Insured.

Duties of Agents. A. has separately undertaken to act in a brokerage capacity for the Original Insured, and, as such, has undertaken to likewise perform a number of operational and administrative functions for and on behalf of its brokerage client, the Original Insured, and has further undertaken to avoid any conflicts that would interfere with its duties to the Original Insured. In all negotiations with Reinsurers, the best interests of the Original Insured. , shall act solely on behalf of and in the best interests of the Original Insured. All communications (including, but B. not limited to, notices, statements, premiums, return premiums, taxes, losses and loss settlements) relating to this Contract shall be transmitted between and among the Original Insured, the Company and/or the Reinsurer through . Payments by and through the Company to shall be deemed payment to the Reinsurer. Payments by the Reinsurer to and through the Company to the Original Insured shall be deemed payment to the Original Insured only to the extent that such payments are actually received by the Original Insured.