Common use of Private Market Fund Clause in Contracts

Private Market Fund. a. Proportional: The Company will cede to FCIC at least five percent (5%) and no more than sixty-five percent (65%) of total net book premium and associated liability for ultimate net losses on eligible livestock price insurance contracts, as designated in its Plan of Operations for the reinsurance year. Such percentage designation must be made in five percent (5%) increments.

Private Market Fund. a. Proportional: The Company will cede to FCIC at least five percent (5%) and no more than sixty-five fifty percent (6550%) of total net book premium and associated liability for ultimate net losses on eligible livestock price insurance contracts, as designated in its Plan of Operations for the any reinsurance year. Such percentage designation must be made in five percent (5%) increments.