Common use of PREMIUMS AND ACCOUNTING Clause in Contracts

PREMIUMS AND ACCOUNTING. 3.01 Hawaii will require all premiums for C&F Policies to be paid directly to C&F. Any premiums or monies collected by Hawaii are the property of C&F and shall be held in trust on behalf of C&F in a fiduciary capacity and shall be immediately endorsed over to C&F without deposit by Hawaii and forwarded to C&F in no more than two (2) business days.

Appears in 4 contracts

Samples: Services Agreement (Crum & Forster Holdings Corp), Services Agreement (Crum & Forster Holdings Corp), Services Agreement (Crum & Forster Holdings Corp)

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