Common use of PROFIT COMMISSION Clause in Contracts

PROFIT COMMISSION. A. The Reinsurer shall make a Profit Commission allowance of 90% to the Company on the net profits accruing to the Reinsurer under this Agreement period (January 1, 1998 through December 31, 1998), computed as follows. INCOME

Appears in 1 contract

Samples: Excess of Loss Reinsurance Agreement (Scpie Holdings Inc)

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PROFIT COMMISSION. A. The Reinsurer shall make a Profit Commission allowance of 90% to the Company on the net profits accruing to the Reinsurer under this Agreement period (January 1, 1998 1997 through December 31, 19981997), computed as follows. INCOME

Appears in 1 contract

Samples: Excess of Loss Reinsurance Agreement (Scpie Holdings Inc)

PROFIT COMMISSION. A. The Reinsurer shall make a Profit Commission allowance of 90% to the Company on the net profits accruing to the Reinsurer under this Agreement period (January 1, 1998 1995 through December 31, 19981995), computed as follows. INCOME

Appears in 1 contract

Samples: Interests and Liabilities Contract (Scpie Holdings Inc)

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PROFIT COMMISSION. A. The Reinsurer shall make a Profit Commission allowance of 90% to the Company on the net profits accruing to the Reinsurer under this Agreement period (January 1, 1998 1999 through December 31, 19981999), computed as follows. : INCOME

Appears in 1 contract

Samples: Excess of Loss Reinsurance Agreement (Scpie Holdings Inc)

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