Examples of Second Property in a sentence
On May 10, 2021, Premier USA completed the acquisition of the Second Property for consideration of $2.5 million in cash and 2,430,488 common shares of the Company.
SCHEDULE B Second Property Catastrophe Excess of Loss Reinsurance UNITED PROPERTY AND CASUALTY INSURANCE COMPANY St. Petersburg, Florida including any and/or all companies that are or may hereafter become affiliated therewith This Schedule is attached to and forms a part of the Property Catastrophe Excess of Loss Reinsurance Agreement and sets out specific terms, conditions and participating Reinsurers for the Company's Second Property Catastrophe Excess of Loss Reinsurance.
Seller and Buyer agree that, upon payment by Buyer at the Closing under this Agreement with respect to the Property, Buyer will have satisfied an undivided 50% of its obligations under the Original Carry Agreement dated April 19, 2012 and as amended by First Amendment to Carry Agreement dated as of July 15, 2012, and if Buyer exercises the Option and purchases the Second Property, Buyer’s obligations under the Original Carry Agreement will have been completely satisfied.
As premium for the Second Property Excess Per Risk Reinsurance provided hereunder during the period January 1, 1997 through December 31, 1997, the Company shall pay the Reinsurer 6.50% of its net earned premium for such period.
Sublessor represents and Sublessee acknowledges that the tax xxxx received by Sublessor pursuant to Paragraph 31 of the Lease includes the Premises and the Second Property and real property and building adjacent to the Premises.