Quota Share Agreement definition

Quota Share Agreement means the relevant one of them;
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Quota Share Agreement means the Quota Share Reinsurance Agreement, by and between United Guaranty Residential Insurance Company and National Union Fire Insurance Company of Pittsburgh, PA., dated as of June 2, 2015 and effective as of January 1, 2015, as novated and amended by the Novation and Amending Agreement, by and between United Guaranty Residential Insurance Company, American Home Assurance Company, Lexington Insurance Company and National Union Fire Insurance Company of Pittsburgh, PA., dated as of February 11, 2016 and effective as of October 1, 2015, and including any related letters of credit, the Master Security Agreements, reinsurance trusts or other collateral arrangements.
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Quota Share Agreement means that certain 100% Quota Share Reinsurance Agreement, by and between Gateway and WC Reinsurer, dated as of the Closing Date.
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Examples of Quota Share Agreement in a sentence

  • Notwithstanding the Partial Commutation and Partial Termination effected hereunder, the Quota Share Agreement shall remain in full force and effect with respect to all business ceded thereunder other than the Commuted Liabilities.

  • As of the Commutation Effective Time, the Commuted Liabilities shall be commuted from the Quota Share Agreement in accordance with and subject to the provisions of this Commutation Amendment (the “Partial Commutation”).

  • Nothing contained herein shall be interpreted in any way to supersede, modify, replace, amend, change, rescind, waive or otherwise affect any provision of the Quota Share Agreement with respect to the business ceded thereunder other than the Commuted Liabilities.

  • Articles XVIII, XX, XXI, and XXII of the Quota Share Agreement are each hereby incorporated by reference mutatis mutandis.

  • As of the Commutation Effective Time, the Quota Share Agreement is terminated with respect to the Commuted Liabilities in accordance with and subject to the provisions of this Commutation Amendment (the “Partial Termination”).Section 2.3 Continuing Effect of the Quota Share Agreement.

  • As of the Commutation Effective Time, the Quota Share Agreement is terminated with respect to the Commuted Liabilities in accordance with and subject to the provisions of this Commutation Amendment (the “Partial Termination”).

  • Nothing in this Section shall preclude the Authority from entering into such Quota Share Agreement, Reinsurance Treaty, or other agreement with an excess insurer, reinsurer, or self-insurance pool for purposes of obtaining excess insurance or reinsurance.

  • The Company agrees that any profit commissions which may become due, as set forth in the Property Quota Share Agreement, shall be the property of the General Agent provided the General Agent is not in default of the Managing General Agency Agreement.

  • The Company agrees that any profit commission(s) which may become due, as set forth in the Quota Share Agreement shall be the property of the General Agent, provided the General Agent in not in default of the Managing General Agency Agreement.

  • The General Agent shall be allowed to withhold commission at the Provisional Commission percentage and earn commission at the Minimum Commission rate as set forth in the Quota Share Agreement.


More Definitions of Quota Share Agreement

Quota Share Agreement means the Quota Share Agreement, dated as of December , 2012, by and between Hiscox and Third Point Re Cat Ltd., as the same may be amended or restated from time to time.
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Quota Share Agreement shall refer to the 100% Quota Share Reinsurance Agreement to be entered into by and between Seller and the Company on or prior to the Closing, in the form attached hereto as Exhibit E (with such changes thereto as may be approved by Purchaser).
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Quota Share Agreement means an assumed or ceded Reinsurance Agreement on which the Company participates that was written on a quota share basis where the amount of the business ceded to all participating reinsurers is 90% or greater.
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Quota Share Agreement means the 90% quota share agreement between THIC as the reinsurer and CIC as the cedant, effective as of 1 January 2017;
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Related to Quota Share Agreement

  • Restricted Share Agreement means the agreement between the Company and the recipient of a Restricted Share which contains the terms, conditions and restrictions pertaining to such Restricted Shares.

  • unanimous shareholder agreement means either: (i) a lawful written agreement among all the shareholders of the Corporation, or among all the shareholders and one or more persons who are not shareholders; or (ii) a written declaration of the registered owner of all of the issued shares of the Corporation; in each case, that restricts, in whole or in part, the powers of the directors to manage, or supervise the management of the business and affairs of the Corporation, as from time to time amended.

  • Shareholder Agreements has the meaning set forth in the recitals to this Agreement.

  • Shareholder Agreement has the meaning set forth in the Recitals.

  • Sub-grant Agreement means an agreement entered into, or proposed to be entered into, between the Bank and a Sub-grant Recipient;

  • Reinsurance Agreement means any agreement, contract, treaty, certificate or other arrangement whereby any Regulated Insurance Company agrees to transfer, cede or retrocede to another insurer or reinsurer all or part of the liability assumed or assets held by such Regulated Insurance Company under a policy or policies of insurance issued by such Regulated Insurance Company or under a reinsurance agreement assumed by such Regulated Insurance Company.

  • Share Exchange Agreement has the meaning specified in the Recitals.

  • Settlement Agreement means this agreement, including the recitals and schedules.

  • Stock Unit Agreement means the agreement between the Company and the recipient of a Stock Unit which contains the terms, conditions and restrictions pertaining to such Stock Unit.

  • Fair-share agreement means an agreement between the public employer and the recog-

  • 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.

  • RSU Agreement means a written agreement between the Company and a Participant evidencing the terms and conditions of an individual Award of Restricted Stock Units.

  • Stockholder Agreement means the Stockholder Agreement, dated as of August 29, 2003, among the Company and its stockholders, as amended and in effect from time to time.

  • Common Stock Agreement means an agreement executed by a Common Stockholder and the Company as contemplated by Section 5, below, which imposes on the shares of Common Stock held by the Common Stockholder such restrictions as the Board or Committee deem appropriate.

  • Charter Agreement means an agreement made in accordance with Section 53G-5-303 that authorizes the operation of a charter school.

  • Unit Agreement has the meaning set forth in the Declaration.

  • quota means the number calculated in accordance with rule STV46,

  • Restricted Stock Agreement means the agreement between the Company and the recipient of a Restricted Share that contains the terms, conditions and restrictions pertaining to such Restricted Share.

  • Hire Agreement means every agreement between Access and the Hirer for the hire of Equipment (whether signed or not) including a Hire Docket, all of which will be deemed to include:

  • Retrocession Agreement means any agreement, contract, treaty or other arrangement whereby one or more insurers or reinsurers, as retrocessionaires, assume liabilities of reinsurers under a Reinsurance Agreement or other retrocessionaires under another Retrocession Agreement.

  • Restricted Stock Unit Agreement means the agreement consistent with the terms of the Plan between the Company and the recipient of a Restricted Stock Unit that contains the terms, conditions and restrictions pertaining to such Restricted Stock Unit.

  • Restricted Stock Purchase Agreement means a written agreement between the Company and the Optionee evidencing the terms and restrictions applying to stock purchased under a Stock Purchase Right. The Restricted Stock Purchase Agreement is subject to the terms and conditions of the Plan and the Notice of Grant.

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

  • DSU Agreement means a written letter agreement between the Corporation and a Participant evidencing the grant of DSUs and the terms and conditions thereof, substantially in the form of Appendix “B”;

  • Data Sharing Agreement A formal agreement that documents what data is being shared and how the data can be used between the Parties. ‘‘Data Sharing Code of Practice” the code of practice issued by the Information Commissioner in respect to the sharing of personal data.

  • Vesting Agreement means each or any, as the context implies, agreement or instrument entered into by a holder of LTIP Units upon acceptance of an award of LTIP Units under an Equity Incentive Plan.