Examples of Producer Agreements in a sentence
Indicate Commission Schedule Level Codes1 for GA or Producer Agreements.
The Ceding Company shall not modify or amend, or waive any of its rights under any Producer Agreements that relate to any Reinsured Policies, agree to any discretionary terms thereunder or enter into any new agreements with any Producers with respect to any of the Reinsured Policies, in each case, except with the Reinsurer’s prior written consent or at the Reinsurer’s instruction.
The Ceding Company shall not modify or amend, or waive any of its rights under any Producer Agreements that relate to any Reinsured Policies, agree to any discretionary terms thereunder or enter into any new agreements with any Producers with respect to any of the Reinsured Policies, in each case, except with the Administrator’s prior written consent or at the Administrator’s instruction.
Since Foresters may be entering into Producer Agreements with your licensed producers, you are responsible and will indemnify Foresters for any acts or omissions of your licensed producers to the same extent as for your personal acts.
Each party also represents that in entering into this Agreement, it has not relied on any promise, inducement, representation, warranty, agreement or other statement not set forth in this Agreement, the Producer Agreement(s), or in the incorporated tariffs.