Common use of Refund or Credit Plan Clause in Contracts

Refund or Credit Plan. Any Claims Fund Positive Balance resulting from overall loss experience of the Group shall be available as a return of premium or to be taken into account in establishing the premium in subsequent years in accordance with a Refund or Credit Plan as adopted and amended from time to time by the Board of Directors of the Group. In addition, any Administrative Expense Fund Surplus will be available as a return of premium or will be taken into account in establishing individual policy premiums in subse- quent years in accordance with such Refund or Credit Plan. A copy of the current Refund or Credit Plan is attached for informational purposes as Schedule 2.

Refund or Credit Plan. Any Claims Fund Positive Balance resulting from overall loss experience of the Group shall be available as a return of premium or to be taken into account in establishing the premium in subsequent sub- sequent years in accordance with a Refund or Credit Plan as adopted and amended from time to time by the Board of Directors of the Group. In addition, any Administrative Administra- tive Expense Fund Surplus will be available as a return of premium or will be taken into account in establishing individual indi- vidual policy premiums in subse- quent subsequent years in accordance with such Refund or Credit Plan. A copy of the current Refund Re- fund or Credit Plan is attached for informational purposes as Schedule 2.