MGA Agreements definition

MGA Agreements means collectively, (i) the Managing General Agency Agreement, dated as of February 1, 2021, by and between Homesite Insurance Company and Bowhead Specialty Underwriters, Inc. (the “Agent”), as amended from time to time; (ii) the Amended and Restated Managing General Agency Agreement, dated April 1, 2022, by and between Homesite Insurance Company of Florida and the Agent, as amended from time to time; (iii) the Managing General Agency Agreement, dated February 1, 2021, by and between Midvale Indemnity Company and the Agent, as amended from time to time; and (iv) the Managing General Agency Agreement to be entered into in the second calendar quarter of 2024 by and between American Family Connect Reinsurance Company and the Agent, as amended from time to time.
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MGA Agreements has the meaning set forth in Section 4.17(d).
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MGA Agreements means those certain Managing General Agency Agreements existing on the Effective Date and identified in Schedule 5.10, and including (i) any subsequent renewals and extensions thereof and (ii) any substitutions and other replacement arrangements therefor, whether on a “one-for-one” or collective basis, to the extent such substitutions or other replacement arrangements are with (A) any of the AmFam Entities and consented to in writing by the Administrative Agent (which consent shall not be unreasonably withheld, conditioned or delayed), (B) insurers of having a rating from A.M. Best Company of at least “A” and consented to in writing by the Administrative Agent (which consent shall not be unreasonably withheld, conditioned or delayed) or (C) such other insurers or Persons as consented to in writing by the Required Lenders (which consent shall not be unreasonably withheld, conditioned or delayed).
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Examples of MGA Agreements in a sentence

  • The Company has not granted any currently effective power of attorney to any person, except pursuant to the Ancillary MGA Agreements.

  • At the Closing and subject to the receipt of the consents and approvals set forth in Section 4.1(z) of the Disclosure Schedule, the Ancillary MGA Agreements will each constitute a legal, valid, and binding obligation of MGA and will be enforceable against MGA in accordance with its terms.

  • These Guidelines provide guidance on the types of risk that Bowhead is permitted to write under the MGA Agreements and provide a framework of qualitative and quantitative (rating and pricing) factors to assist in the risk selection process.

  • Except as set forth in Section 5.13 of the Disclosure Schedule or as contemplated by the Ancillary MGA Agreements, prior to the Closing, the Seller Parties shall (i) settle, or cause to be settled, all intercompany balances between the Company, on the one hand, and the Seller Parties and any of their Affiliates, on the other hand, and (ii) terminate, or cause to be terminated, each contract between the Company, on the one hand, and any of the Seller Parties or their Affiliates, on the other hand.

  • Bowhead shall provide product-specific guidelines to AmFam in connection with writing any new products under the MGA Agreements.

  • Except as contemplated by Section 5.13, as of the Closing, there will be no outstanding liabilities or obligations between or among the Company, on the one hand, and the Seller Parties or any Affiliate thereof, on the other hand, except under the Ancillary MGA Agreements.

  • MGA Agreements has the meaning given in the Framework and Transfer Deed.

  • Estate property is confined to the rights conferred upon the debtor by the escrow agreement, not property rights in the assets escrowed.” (emphasis added)).While pre-receivership the MGAs had the right to retain a portion of these escrowed funds to satisfy commissions and other amounts owed to them by WNIC, the MGA Agreements are explicit that: “[t]he privilege of retaining commissionsshall not be construed as changing the fiduciary capacity [of collected premiums].” A077.

  • Here, the complaint clearly pleads that the AIG board breached its fiduciary duties by deciding to continue dealings with Starr, even though the MGA Agreements gave them the opportunity to stop.”).

  • For example, it is RRC’s position that the Trustee has no right of setoff for unpaid commissions under applicable Texas law, regardless of the terms of the MGA Agreements.

Related to MGA Agreements

  • VIE Agreements means the Exclusive Service Agreement, the Exclusive Call Option Agreement, the Shareholder Voting Rights Proxy Agreement and the Equity Pledge Agreement entered into by and among some or all of the Parties hereto on the same day this agreement is entered, including any supplemental agreements or amendments to such agreements, and any other agreements, contracts or legal documents executed or issued by one or more Parties and/or Party C’s affiliated enterprises from time to time to ensure the performance of the aforesaid agreements, signed or accepted by Party A in writing.

  • PJM Agreements means the PJM OATT, PJM Operating Agreement, PJM RAA and any other applicable PJM manuals or documents, or any successor, superseding or amended versions thereof that may take effect from time to time.

  • Supply Agreements has the meaning set forth in Section 7.1.

  • Commercial Agreements means all or any Agreement or Agreements with any third party including but not limited to broadcasting, media, sponsorship, marketing, merchandising, licensing and advertising, for the general promotion of each or any of the Clubs in the Competition and the Company, and which have the object of promoting the welfare and general commercial interest and increasing the financial resources of each of the Clubs, the Company and the Competition.

  • License Agreements shall have the meaning set forth in Section 8.11 hereof.

  • Third Party Agreements means any Contract between or among a Party (or any member of its Group) and any other Persons (other than the Parties or any member of their respective Groups) (it being understood that to the extent that the rights and obligations of the Parties and the members of their respective Groups under any such Contracts constitute Versum Assets or Versum Liabilities, or Air Products Retained Assets or Air Products Retained Liabilities, such Contracts shall be assigned or retained pursuant to Article II).

  • Program Agreements means, collectively, this Agreement; the Administration Agreement; Custodial Agreement; the Pricing Side Letter; the Electronic Tracking Agreement; the Collection Account Control Agreement; the Power of Attorney; each Servicing Agreement; each Servicer Notice; when entered into, the Subordination Agreement; and if entered into, the Escrow Agreement, the Intercreditor Agreement and the Joint Securities Account Control Agreement.

  • Existing Agreements has the meaning as set forth in Section 3.2 hereof.

  • Services Agreements means the Outsourcing Master Services Agreements between MBL and MGL dated November 15, 2007, and between the Non-Banking Holdco and MGL dated December 10, 2007, and any supplements or amendments thereto;

  • Development Agreements means all development, utility or similar agreements included in the Permitted Encumbrances.

  • Seller Agreements means those agreements between Seller and third parties, including Artists and/or PRO, wherein Seller is entitled to receive the Percentage Interest of all Assets.

  • Business Agreements has the meaning specified in Section 5.15.

  • Interconnection Agreements means, collectively, (a) an agreement by and among Owner, TransÉnergie and ISO-NE that sets forth such parties’ respective rights and obligations following the interconnection at the U.S. Border of the NECEC Transmission Line with the Québec Line and (b) an agreement by and between Owner and ISO-NE that sets forth such parties’ respective rights and obligations following the interconnection at the Delivery Point of the NECEC Transmission Line with certain transmission facilities operated by ISO-NE. The Interconnection Agreements shall address cost responsibilities among entities other than the Distribution Company and the other RFP Sponsors and shall include provisions, both technical and otherwise, for safe and reliable interconnected operations of the HVDC Transmission Project following Commercial Operation (including use of the HVDC Transmission Project for the delivery of electric power in emergency circumstances).

  • Acquisition Agreements has the meaning specified in the Recitals.

  • Trade Agreements means any applicable trade agreement to which Ontario is a signatory.

  • Service Agreements means the agreements in the agreed form to be entered into between the Company and each of the Founders;

  • Reinsurance Agreements means any agreement, contract, treaty, certificate or other arrangement by which any Insurance Subsidiary agrees to transfer or cede to another insurer all or part of the liability assumed or assets held by it under one or more insurance, annuity, reinsurance or retrocession policies, agreements, contracts, treaties, certificates or similar arrangements. Reinsurance Agreements shall include, but not be limited to, any agreement, contract, treaty, certificate or other arrangement that is treated as such by the applicable Department.

  • Project Agreements means this Agreement, EPC Contract, O&M Contract and any other agreements or material contracts that may be entered into by the Developer with any person in connection with matters relating to, arising out of or incidental to the Project.

  • Equity Agreements has the meaning set forth in Section 5.1.

  • Support Agreements has the meaning set forth in the Recitals.

  • Collective Agreements means collective agreements and related documents including benefit agreements, letters of understanding, letters of intent and other written communications (including arbitration awards) by which the Company and any of its Subsidiaries are bound.

  • Franchise Agreements means (a) the Franchise Agreements set forth on Part IV of Schedule 4.01(p) hereto, and (b) any Franchise Agreement in respect of a Borrowing Base Asset entered into after the Closing Date in compliance with Section 5.01(r).

  • Settlement Agreements means any settlement reached in the U.S. Litigation with any of the Settling Defendants.

  • Reconstitution Agreements The agreement or agreements entered into by the Seller and the Purchaser and/or certain third parties on the Reconstitution Date or Dates with respect to any or all of the Mortgage Loans sold hereunder, in connection with a Whole Loan Transfer, Agency Transfer or a Securitization Transaction pursuant to Section 13, including, but not limited to, a seller's warranties and servicing agreement with respect to a Whole Loan Transfer, and a pooling and servicing agreement and/or seller/servicer agreements and related custodial/trust agreement and documents with respect to a Securitization Transaction.

  • Assumed Agreements shall have the meaning as set forth in Section 2.2.

  • Seller Ancillary Agreements means all agreements, instruments and documents being or to be executed and delivered by Seller under this Agreement or in connection herewith.