Common use of OWNERSHIP OF EXPIRATIONS Clause in Contracts

OWNERSHIP OF EXPIRATIONS. Following the termination of this AGREEMENT, the AGENCY or AGENT having promptly accounted for and paid over to MGA premiums and other sums for which AGENCY or AGENT is liable, the records, use and control of expirations, shall remain the property of AGENCY or AGENT and be left in the undisputed possession of AGENCY or the AGENT. "

Appears in 2 contracts

Samples: Authorization and Appointment Agreement, Authorization and Appointment Agreement

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OWNERSHIP OF EXPIRATIONS. Following the termination of this AGREEMENTAgreement, the AGENCY Agent or AGENT Agency having promptly accounted for and paid over to MGA premiums and other sums for which AGENCY Agency or AGENT Agent is liable, the records, use and control of expirations, shall remain the property of AGENCY Agent or AGENT Agency and be left in the undisputed possession of AGENCY Agency or the AGENTAgent. "β€œ

Appears in 2 contracts

Samples: Authorization and Appointment Agreement, Limited Producer Agreement

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