INSURANCE PREMIUMS AND CLAIMS Sample Clauses

INSURANCE PREMIUMS AND CLAIMS. 6.1 The Intermediary will hold all insurance monies, including premiums it receives from clients and all return premiums and claims money that it receives from the Insurer, as agent of the insured client unless clause 6.2, below, is applicable. The Intermediary shall not hold any money on behalf of the Coverholder.
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INSURANCE PREMIUMS AND CLAIMS. 7.1 The Gross Premium shall be set by the Insurer.
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INSURANCE PREMIUMS AND CLAIMS. Self-insurance, retention, deductible, retrospective premium or similar terms related to out-of-pocket insurance costs, including without limitation associated out-of-pocket administrative expenses, loss adjustment or similar expenses and related state insurance assessments and taxes arising after the Closing under any current or former insurance policy or policies maintained by Parent or Seller which are identified on Section 4.26(a) of the Disclosure Schedule and solely to the extent directly attributable to liabilities or losses of Target prior to the Closing (as determined as a result of premium / insurance program audits or claim / retrospective adjustments) shall be allocated to Target (except with respect to any amounts which Buyer or Target allege in good faith are related to Parent, Seller or their respective Subsidiaries). All other self-insurance, retention, deductible, retrospective premium or similar terms related to out-of-pocket insurance costs shall be allocated to Parent and Seller. To the extent that any Party pays any expenses that are determined in accordance with this Section to be properly allocable to another Party, the responsible Party shall promptly reimburse the paying Party. Buyer, Target, Parent and Seller shall cooperate fully, as and to the extent reasonably requested by the other Party to document the allocation decisions hereunder.
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Related to INSURANCE PREMIUMS AND CLAIMS

  • Reinsurance Premiums A. Computation Reinsurance Premiums under this Agreement shall be calculated as described in Exhibit I.

  • Insurance Premiums Tenant shall pay or cause to be paid all premiums for the insurance coverage required to be maintained pursuant to Article 9.

  • REINSURANCE PREMIUM A. As premium for each excess layer of reinsurance coverage provided by this Contract, the Company shall pay the Reinsurer the greater of the following:

  • Payment of Taxes and Claims, Etc Pay, and cause each of its Subsidiaries to pay, (i) all taxes, assessments and governmental charges imposed upon it or upon its property, and (ii) all claims (including, without limitation, claims for labor, materials, supplies or services) which might, if unpaid, become a Lien upon its property, unless, in each case, the validity or amount thereof is being contested in good faith by appropriate proceedings and adequate reserves are maintained with respect thereto.

  • Insurance Costs (08/19) Contractor shall be financially responsible for all premiums, deductibles, self-insured retentions, and self-insurance.

  • Forced-Placed Insurance Premiums No contract relating to any Receivable has had forced-placed insurance premiums added to the amount financed.

  • Payment of Taxes and Claims The Company will and will cause each of its Subsidiaries to file all tax returns required to be filed in any jurisdiction and to pay and discharge all taxes shown to be due and payable on such returns and all other taxes, assessments, governmental charges, or levies imposed on them or any of their properties, assets, income or franchises, to the extent such taxes and assessments have become due and payable and before they have become delinquent and all claims for which sums have become due and payable that have or might become a Lien on properties or assets of the Company or any Subsidiary, provided that neither the Company nor any Subsidiary need pay any such tax or assessment or claims if (i) the amount, applicability or validity thereof is contested by the Company or such Subsidiary on a timely basis in good faith and in appropriate proceedings, and the Company or a Subsidiary has established adequate reserves therefor in accordance with GAAP on the books of the Company or such Subsidiary or (ii) the nonpayment of all such taxes and assessments in the aggregate could not reasonably be expected to have a Material Adverse Effect.

  • Group Insurance 38.01 The Group Insurance Plan presently in effect shall remain in effect during the term of this Agreement.

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