Common use of SEVERAL LIABILITY NOTICE Clause in Contracts

SEVERAL LIABILITY NOTICE. The Subscribing reinsurers’ obligations under contracts of reinsurance to which they subscribe are Several and not joint and are limited solely to the extent of their individual subscriptions. The subscription reinsurers are not responsible for the subscription of any co-subscribing reinsurer who for any reason does not satisfy all or part of its obligations. LSW1001 (Reinsurance) 08/94 The NAIC Identification Number for each participating syndicate shown herein is AA-112 followed by a four digit number that can be derived by adding 6000 to the syndicate number. LSW 1007 (09/96)

Appears in 1 contract

Samples: Interests and Liabilities Agreement (Philadelphia Consolidated Holding Corp)

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SEVERAL LIABILITY NOTICE. The Subscribing subscribing reinsurers’ obligations under Under contracts of reinsurance to which they subscribe are Several several and not joint and are limited solely to the extent of their individual subscriptions. The subscription subscribing reinsurers are not responsible for the subscription of any co-subscribing reinsurer who for any reason does not satisfy all or part of its obligations. LSW1001 (Reinsurance) 08/94 The NAIC Identification Number for each participating syndicate shown herein is AA-112 followed by a four digit number that can be derived by adding 6000 to the syndicate number. LSW 1007 (09/96)

Appears in 1 contract

Samples: Interests and Liabilities Agreement (Philadelphia Consolidated Holding Corp)

SEVERAL LIABILITY NOTICE. The Subscribing reinsurers’ obligations under contracts of reinsurance to which they subscribe are Several several and not joint and are limited solely to the extent of their individual subscriptions. The subscription subscribing reinsurers are not responsible for the subscription of any co-subscribing reinsurer who for any reason does not satisfy all or part of its obligations. LSW1001 (Reinsurance) 08/94 The NAIC Identification Number for each participating syndicate shown herein is AA-112 followed by a four digit number that can be derived by adding 6000 to the syndicate number. LSW 1007 (09/961007(09/96)

Appears in 1 contract

Samples: Interests and Liabilities Agreement (Philadelphia Consolidated Holding Corp)

SEVERAL LIABILITY NOTICE. The Subscribing subscribing reinsurers’ obligations under contracts of reinsurance to which they subscribe are Several several and not joint and are limited solely to the extent of their individual subscriptions. The subscription subscribing reinsurers are not responsible for the subscription of any co-subscribing reinsurer who for any reason does not satisfy all or part of its obligations. LSW1001 (Reinsurance) 08/94 The NAIC Identification Number for each participating syndicate shown herein is AA-112 followed by a four digit number that can be derived by adding 6000 to the syndicate number. LSW 1007 (09/96)

Appears in 1 contract

Samples: Interests and Liabilities Agreement (Philadelphia Consolidated Holding Corp)

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SEVERAL LIABILITY NOTICE. The Subscribing subscribing reinsurers’ obligations under contracts of reinsurance to which they subscribe are Several several and not joint and are limited solely to the extent of their individual subscriptions. The subscription reinsurers subscribing reinsures are not responsible for the subscription of any co-subscribing reinsurer reinsure who for any reason does not satisfy all or part of its obligations. LSW1001 (Reinsurance) 08/94 The NAIC Identification Number for each participating syndicate shown herein is AA-112 followed by a four digit number that can be derived by adding 6000 to the syndicate number. LSW 1007 (09/96)

Appears in 1 contract

Samples: Interests and Liabilities Agreement (Philadelphia Consolidated Holding Corp)

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