Common use of Licencing Clause in Contracts

Licencing. As part of this Agreement both we and you undertake to comply with our respective legal, licensing and regulatory requirements applicable to the production, placing, claims handling and premium and claims accounting of any (re)insurance which you place with us. You warrant that you are authorised by your local regulator, if such authorisation applies, to carry out all activities contemplated by virtue of this Agreement. You also undertake to notify us if your authorisation is revoked or changes.

Appears in 4 contracts

Samples: Terms of Business Agreement, Terms of Business Agreement, Terms of Business Agreement

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