Common use of PARTIES TO THE CONTRACT Clause in Contracts

PARTIES TO THE CONTRACT. This Contract is solely between the Company and the SBA which administers the FHCF. In no instance shall any insured of the Company or any claimant against an insured of the Company, or any other third party, have any rights under this Contract, except as provided in Article XIV. The SBA will only disburse funds to the Company, except as provided for in Article XIV of this Contract. The Company shall not, without the prior approval of the Office of Insurance Regulation, sell, assign, or transfer to any third party, in return for a fee or other consideration any sums the FHCF pays under this Contract or the right to receive such sums.

Appears in 24 contracts

Samples: Reimbursement Contract, Reimbursement Contract, Reimbursement Contract

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PARTIES TO THE CONTRACT. This Contract is solely between the Company and the SBA which administers the FHCF. In no instance shall any insured of the Company or any claimant against an insured of the Company, or any other third party, have any rights under this Contract, except as provided in Article XIVXV. The SBA will only disburse funds to the Company, except as provided for in Article XIV of this ContractXV. The Company shall not, without the prior approval of the Office of Insurance Regulation, sell, assign, or transfer to any third party, in return for a fee or other consideration any sums the FHCF pays under this Contract or the right to receive such sums.

Appears in 16 contracts

Samples: Reimbursement Contract, Reimbursement Contract, Reimbursement Contract

PARTIES TO THE CONTRACT. This Contract is solely between the Company and the SBA which administers the FHCF. In no instance shall any insured of the Company or any claimant against an insured of the Company, or any other third party, have any rights under this Contract, except as provided in Article XIV. The SBA will only disburse funds to the Company, except as provided for in Article XIV of this Contract. The Company shall not, without the prior approval of the Office of Insurance Regulation, sell, assign, or transfer to any third party, in return for a fee or other consideration any sums the FHCF pays under this Contract or the right to receive such sums.

Appears in 11 contracts

Samples: Reimbursement Contract (Philadelphia Consolidated Holding Corp), Reimbursement Contract, Reimbursement Contract (Philadelphia Consolidated Holding Corp)

PARTIES TO THE CONTRACT. This Contract is solely between the Company and the SBA which administers the FHCF. In no instance shall any insured of the Company or any claimant against an insured of the Company, or any other third party, have any rights under this Contract, except as provided in Article XIV. The SBA will only disburse funds to the Company, except as provided for in Article XIV of this ContractXIV. The Company shall not, without the prior approval of the Office of Insurance Regulation, sell, assign, or transfer to any third party, in return for a fee or other consideration any sums the FHCF pays under this Contract or the right to receive such sums.

Appears in 3 contracts

Samples: Reimbursement Contract, Reimbursement Contract (United Insurance Holdings Corp.), Reimbursement Contract (Federated National Holding Co)

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PARTIES TO THE CONTRACT. This Contract is solely between the Company and the SBA which administers the FHCF. In no instance shall any insured of the Company or any claimant against an insured of the Company, or any other third party, have any rights under this Contract, except as provided in Article XIVXIVXV. The SBA will only disburse funds to the Company, except as provided for in Article XIV of this ContractXIVXV. The Company shall not, without the prior approval of the Office of Insurance Regulation, sell, assign, or transfer to any third party, in return for a fee or other consideration any sums the FHCF pays under this Contract or the right to receive such sums.

Appears in 1 contract

Samples: Reimbursement Contract

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