Underwriting Expenses definition
Underwriting Expenses means direct costs (including but not limited to business acquisition, actuarial costs, and inspections) and indirect costs (including but not limited to X fees and costs, accounting, commissions paid, legal and customer service expenses).
Underwriting Expenses means all expenses incurred individually or collectively by the Exchange, Company, and ERIE-New York in the acquisition of insurance and reinsurance business, the issuance of insurance policies and contracts, and the rendering of services under the contracts, including premium taxes, licenses and fees, and such other underwriting expenses relating to insurance operations as may be mutually agreeable to the parties excluding federal and foreign income taxes, investment expenses and any other expenses not related to underwriting operations.
Underwriting Expenses means any underwriting fees, discounts, commissions or taxes attributable to the sale of Registrable Securities.
Examples of Underwriting Expenses in a sentence
All Underwriting Expenses will be borne by the Company and the Registering Shareholders pro rata on the basis of the amount of gross proceeds from the sale of their shares so registered.
All Underwriting Expenses will be borne by the Company and the Registering Shareholders pro rata on the basis of the amount of gross proceeds from the sale of their securities so registered.
All Underwriting Expenses will be borne by the Registering Shareholders pro rata on the basis of the amount of gross proceeds from the sale of their Registrable Securities.
More Definitions of Underwriting Expenses
Underwriting Expenses means all expenses incurred by SCPIE Indemnity or the Pool Members or both in the underwriting and placing of insurance on its or their books and shall include but shall not be limited to expenses incurred for commissions, all other agency obligations, agency supervision, underwriting, engineering, policy audits, advertising, supervision as it relates to the production of business, taxes, other than federal income taxes and such other expenses as may be mutually agreeable to the parties.
Underwriting Expenses means other underwriting expenses as calculated for the Underwriting and Investment Exhibit, Part 4, column 2 of the statutory annual statement.
Underwriting Expenses means for an Insurance Company, its operating expenses (as set forth in the Statutory Statements) reduced by Fee Income/Finance and Service Charges Not Included in Premiums for such period, determined in accordance with SAP.