Examples of State Auto Mutual in a sentence
It is further agreed that State Auto Mutual shall receive the Net Premiums for said contracts and policies.
This Agreement shall inure to the benefit of and be binding upon State Auto, its successors and assigns, including without limitation, any person, partnership or corporation which may acquire voting control of State Auto Financial or all or substantially all of its assets and business, or which may be a party to any consolidation, merger or other transaction that results in a Change of Control of State Auto Financial or State Auto Mutual.
Except as expressly provided herein, neither this Agreement nor any rights, benefits or obligations hereunder may be assigned by Executive without the prior written consent of State Auto Mutual and State Auto Financial.
State Auto Financial is a majority- owned, publicly-traded holding company subsidiary of State Auto Mutual.
State Auto Mutual is the ultimate controlling person in the State Auto holding company system.
It is further agreed State Auto Mutual shall receive the Net Premiums for said contracts and policies.
State Auto Mutual is the ultimate controlling entity in the State Auto holding company system.
State Auto Mutual agrees to administer the payment of all losses and loss adjustment expenses in connection with such contracts and policies.
In consideration of the agreements herein contained, State Auto Mutual hereby agrees that there has been or will be assigned and transferred to Farmers Casualty an amount, in cash or other assets, equal to the aggregate of all liabilities of State Auto Mutual assumed by Farmers Casualty under paragraph 4(d) hereof, less a ceding commission equal to the sum of the acquisition expenses associated with the unearned premium reserves which are transferred as provided herein.
Except as expressly provided herein, neither this Agreement nor any rights, benefits, or obligations hereunder may be assigned by Executive without the prior written consent of State Auto Mutual and State Auto Financial.