Common Contracts
1 similar Collateral Agreement contracts
COLLATERAL AGREEMENTCollateral Agreement • January 6th, 2017 • South Carolina
The Company has issued insurance policies to Policyholder, including any operating affiliates and subsidiaries of the Policyholder, and the parties agree that such policies result in financial exposure to the Company based upon financial responsibility filings, endorsements, deductibles, self- insured retentions, and overdue premium payments, among other things. To secure the financial exposures, the parties agree that Policyholder shall provide the Company with the collateral and associated rights described below. When used in this Agreement, the term “Policies” shall include all of the policies listed in the attached Schedule A, and any and all renewals, replacements, reinstatements or rewritings thereof.
