Book of business definition

Book of business means the aggregation of all eligible crop insurance contracts between the Company and its policyholders that have a sales closing date within the reinsurance year and are eligible to be reinsured under this Agreement.
Book of business means the aggregation of all eligible livestock price insurance contracts between the Company and its policyholders that have a sales closing date within the reinsurance year and are eligible to be reinsured under this Agreement.
Book of business means, with respect to any Person, such Person’s client lists and customer contact information, including, without limitation, all personal goodwill associated therewith.

Examples of Book of business in a sentence

  • All Commissions on the Book of Business, and the right to receive Commissions generated pursuant to the sale of Insurance Products resulting from efforts of BRANCH’s, shall belong to TWFG.

  • Subject to the terms herein, BRANCH’S Book of Business shall remain with TWFG or another TWFG branch.

  • The Non-Solicitation Agreement is valid solely for the Clients and Client accounts which comprise the Book of Business as of the date of the Buy-Out.

  • Xxxxxx agrees that all Clients, including the Book of Business brought to TWFG by BRANCH and any Insurance Products sold by BRANCH during the Term, together with all expirations and other records with respect thereto, and/or any goodwill in therewith, are the exclusive property of TWFG and shall continue as such both during and after termination of this Agreement.

  • TWFG has and/or shall purchase a twenty (20%) ownership interest in the Book of Business which BRANCH brings into this Agreement.


More Definitions of Book of business

Book of business means the book of business used by a Registered Individual to carry on an investment advisor business, including for greater certainty the aggregate amount of assets, including securities and cash balances held in accounts serviced by the Registered Individual on behalf of the clients of such Registered Individual in its capacity as a registered representative of a registered investment dealer or registered mutual fund dealer under Canadian securities laws, together with the Registered Individual`s right, title and interest in and to the goodwill and other intangibles associated with the Registered Individual’s relationships with such clients;
Book of business means the BRANCH s total list of Clients from which policies are currently in force.
Book of business means all insurance customers and renewal customers of policies written by Franchisee during the term, and pursuant to the terms of this Agreement. The Book of Business shall not be transferred, sold, leased, hypothecated, encumbered, or offered as security, without the express written consent of Franchisor. Additionally, Franchisor shall have a first right of refusal to purchase the Book of Business during the Term in accordance with Section 14.5 of this Agreement.
Book of business means all commercial business of the Contractor, including any and all fully insured and self-insured products within the Contractor’s accounts.
Book of business means each of: 1) the aggregate IMH Providers; 2) the aggregate IMH Facilities; and 3) the aggregate IMH Homecare.
Book of business means all automobile and special lines insurance ("Covered Lines") placed by Producer with Vision and its Affiliates ("Insurers") under policies of insurance in force as of the close of business on expiration or termination of this Agreement as provided in Section 8 herein, together with the names and addresses of all insureds thereunder, and the sole and exclusive ownership, use and control of all renewal and expiration rights and Expiration Information relating thereto.
Book of business shall have the meaning set forth in Section 3.33.