Common use of Without prejudice to paragraph 3 Clause in Contracts

Without prejudice to paragraph 3. 9 the ARP Manager may, in its absolute discretion, at any time during or after the end of any Indemnity Period adjust the Initial Participation, the Percentage Participation and/or the Percentage Liability of each Qualifying Insurer prospectively or retrospectively in the light of information relating to the Relevant Premium Income of one or more Qualifying Insurers obtained or received by the ARP Manager which indicates that the Relevant Premium Income of such Qualifying Insurers is greater than that previously declared to the ARP Manager.

Without prejudice to paragraph 3. 9 the ARP Manager may, in its absolute discretion, at any time during or after the end of any Indemnity Period adjust the Initial Participation, the Percentage Participation and/or the Percentage Liability of each Qualifying Insurer prospectively or retrospectively in the light of information relating to the Relevant Premium Income of one or more Qualifying Insurers obtained or received by the ARP Manager which indicates that the Relevant Premium Income of such Qualifying Insurers is greater than that previously declared to the ARP Manager.that: