Modeling Agent definition

Modeling Agent means an independent third party engaged by the Bank to calculate the relevant pricing metrics in a Catastrophe Protection Conversion, including but not limited to the probability of attachment, expected loss, and exhaustion probability as defined in the Cash Settlement Event Determination Instructions.
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Modeling Agent means AIR Worldwide Corporation or its successor.
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Modeling Agent means any person, copartnership,
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Examples of Modeling Agent in a sentence

  • The Modeling Agent has developed a computer simulation model to estimate loss probabilities.

  • The Ceding Insurer has provided to the Reinsurer and the Modeling Agent exposure data as of February 28, 2014 concerning the Policies in-force in respect of the Subject Business (“Initial Exposure Data”) and the Ceding Insurer’s best estimate of growth of Policies in-force in respect of the Subject Business as projected to August 31, 2014 (“Initial Projected Exposure Data”).

  • The Ceding Insurer has provided to the Reinsurer and the Modeling Agent the Initial Stated Reinsurance as of the date of the Initial Exposure Data, which is applicable for the first Annual Risk Period.

Related to Modeling Agent

  • Verification Agent As defined in Section 3.28.

  • Billing agent means a telephone utility that includes in a bill it sends to a customer a charge for a product or service offered by a service provider. [PL 1999, c. 59, §1 (NEW); PL 1999, c. 59, §3 (AFF).]

  • Information Agent The meaning specified in Section 14.16.

  • Construction Agent means the Lessee in its capacity as construction agent pursuant to the Construction Agency Agreement.

  • Non-Lead Special Servicer means the “special servicer” under any Non-Lead Securitization Servicing Agreement.