XXXXX NET WRITTEN PREMIUM LIMIT. A maximum of $50,000,000 unless Manager obtains the prior written consent of Company. Gross Net Written Premium shall mean gross written premium of Company less returned premium for cancellations and reductions.
Appears in 4 contracts
Samples: Management Agreement (CastlePoint Holdings, Ltd.), Management Agreement (CastlePoint Holdings, Ltd.), Management Agreement (CastlePoint Holdings, Ltd.)
XXXXX NET WRITTEN PREMIUM LIMIT. A maximum of $50,000,000 100,000,000 unless Manager obtains the prior written consent of Company. Gross Net Written Premium shall mean gross written premium of Company less returned premium for cancellations and reductions.
Appears in 2 contracts
Samples: Management Agreement (CastlePoint Holdings, Ltd.), Management Agreement (Tower Group, Inc.)