Fronting Authority definition

Fronting Authority means the authority conferred upon the Reinsurer and its designees to write Fronted Contracts, which shall expire on December 31, 2013.
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Fronting Authority means the authority conferred upon the Reinsurer and its designees under this Agreement to write Fronted Policies.
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Fronting Authority means the authority conferred upon the Buyer, GMAC Re and the Reinsurer under the Fronting Agreement and Administration Agreement to write Fronted Contracts.
Sample 1

Examples of Fronting Authority in a sentence

  • This Agreement shall not be subject to termination by any Party except (i) by written agreement between Reinsurer and the Company on the date indicated by such agreement, after receipt of any required approval from Government Entities, or (ii) upon the termination or expiration of the Fronting Authority, the expiration of all liability on all Insurance Contracts, and the complete performance by Reinsurer and the Company of all obligations and duties arising under this Agreement.

  • So long as the Reinsurer shall advance the costs and expenses thereof, the Company shall use commercially reasonable efforts to maintain in force Inuring Reinsurance on all Business written by the Reinsurer pursuant to the Fronting Authority as mutually agreed by the Parties through December 31, 2013.

Related to Fronting Authority

  • Issuing authority means the authorized representative of the department of the City who issued the solicitation.

  • Funding Authority means the body awarding the grant for the Project.

  • Requesting Authority means the Authority making a request under this MoU.

  • Signing Authority means an officer or agent of the organization with written authorization to commit the legal entity to a binding agreement.

  • enforcing authority means the Division of Consumer Protection.

  • Granting authority means the appropriate agency or official

  • Licensing authority means the department or division within each participating state which is authorized by law to issue or approve licenses or permits to hunt, fish, trap, or possess wildlife.

  • Contracting Authority means any contracting authority as defined in Regulation 3 of the Public Contracts Regulations 2006.

  • Controlling Authority means the Minister administering the Tasmanian State Service Act 1984.

  • Accounting Authority means the Board of PRASA;

  • Implementing Authority means the Municipal Manager or his or her nominee, acting in terms of section 100 of the Local Government: Municipal Systems Act No. 32 of 2000.

  • Permitting authority means the Iowa department of natural resources or the director thereof.

  • Appointing authority means the head of an employing unit authorized by ordinance or City Charter to employ others on behalf of the City, or a designated management representative. The term includes and can be used interchangeably with department head, department director, superintendent, and chief.

  • investigating authority means an authority that in terms of national legislation may investigate unlawful activities;

  • Approving Authority means a government (federal, provincial or municipal), governmental agency, Crown corporation, or quasi-governmental authority (a privately operated organization exercising authority delegated by legislation or a government).

  • Franchising Authority means any Governmental Authority authorized by any federal, state or local law to grant a Franchise or to exercise jurisdiction over the rates or services provided by a cable television system pursuant to a Franchise or over Persons holding a Franchise.

  • Balancing Authority or “BA” shall mean the responsible entity that integrates resource plans ahead of time, maintains load-interchange-generation balance within a Balancing Authority Area, and supports interconnection frequency in real-time.

  • Awarding Authority means a subordinate or component entity or person of the City (such as a City department or Board of Commissioners) that has the authority to enter into a contract or agreement for the provision of goods or services on behalf of the City of Los Angeles.

  • Tendering Authority means The Member Secretary, AICTE, New Delhi.

  • Reviewing Authority means the Alberta Securities Commission.

  • Administering Authority means a governmental employee, or a regional planning commission empowered under s. 62.234, Wis. Stats., that is designated by the Common Council to administer this ordinance.

  • Adjudicating Authority or “NCLT” shall mean the Hon’ble Mumbai Bench of the National Company Law Tribunal;

  • Assessing Authority means the assessing authority constituted under this Act;

  • Purchasing Authority means the officer signing the acceptance of tender and shall include any officer who has authority to execute the relevant contract on behalf of the Purchaser.

  • Employing Authority means any entity which employs educators, and includes, but is not limited to, school districts, charter schools, boards of directors, and management companies.

  • Governing authority means the local legislative authority