Common use of Premium Payments and Accounting Clause in Contracts

Premium Payments and Accounting. 9.1 Subject to any agreement to the contrary, Insurance Premium Tax and any fees for services are to be accounted for by the Intermediary not later than 15 working days after the effective inception, renewal or adjustment date (as appropriate) of the policy whether or not collected by the Intermediary. In each case the Company will issue an invoice to the Intermediary.

Appears in 4 contracts

Samples: Terms of Business Agreement, Terms of Business Agreement, www.brunelwholesale.co.uk

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