ACCOUNTS AND REMITTANCES. A. Within 30 days following the end of each month, the Company shall render a net account to the Reinsurer, segregated by Contract Year. Such account shall contain the following information, summarized by line of business:
ACCOUNTS AND REMITTANCES. A. Within 45 days following the end of each month, the Company shall report to the Reinsurer:
ACCOUNTS AND REMITTANCES. 10 13 Interlock....................................................11 14 Definitions..................................................12 15
ACCOUNTS AND REMITTANCES. (a) Premiums and Policy Fees, including Insurance Premium Tax if appropriate, are to be accounted for by the Agent not later than 28 days from the end of the month in which the policy attached (including all additional premiums and return premiums). xxxxxx’s statement of account will form the basis of monthly settlements between us, which will be sent to you at the start of each month for reconciliation within this 28 day period.
ACCOUNTS AND REMITTANCES. Within 30 calendar days following the close of each calendar quarter, the Insured will provide the Insurer with a statement of Quarterly Losses for such calendar quarter. Once the Attachment Point has been reached, to the extent Quarterly Losses is a positive amount, the Insurer shall pay 90% of Quarterly Losses, subject to the Limit of Liability, no later than the last day of the calendar quarter in which such Quarterly Statement is received. To the extent Quarterly Losses is a negative amount, the absolute value of such amount will be considered excess Gain and shall be carried forward and included in the calculation of Quarterly Loss for the following calendar quarter. All amounts payable by one party hereto to the other party hereto shall be transmitted through XxXxxxx, Xxxxxxx & Xxxxxxxx, Inc., 0000 0xx Xxxxxx Xxxxx, Xxxxxxxxxx, Xxxxxxx 00000.
ACCOUNTS AND REMITTANCES. Section 1 - As respects Ag PI:
ACCOUNTS AND REMITTANCES. A. Within 45 days following the end of each month while this Agreement is in force or obligations under it are due from any party hereto, the Company will render separate net accounts by Accident Year to the Reinsurer. The accounts will contain the following:
ACCOUNTS AND REMITTANCES. On or prior to the 30th day following the end of each calendar quarter during the Term, the Cedent shall render an account to the Reinsurer, which account shall set forth the following with respect to the most recently ended calendar quarter: (i) The dollar amount the Reinsurer’s share of Covered Losses paid during such calendar quarter, and (ii) reserves required to be maintained by the Reinsurer as provided herein. Subject to the terms and conditions of the Agreement, the Reinsurer shall pay its share of the amount of Covered Losses paid by the Cedent within seven (7) business days after receipt of the foregoing account.
ACCOUNTS AND REMITTANCES. A. The Company shall pay to the Reinsurer an initial premium payment of $[ ] Plus interest from September 1, 2006 until the Effective Date at an annual interest rate of [ ]%; payable on the Effective Date.
ACCOUNTS AND REMITTANCES. Within 60 days following the end of each month, the Company will render a net account to the Reinsurer for the current Underwriting Year, segregated by Underwriting Period. Prior Underwriting Years having activity during the month will be accounted for separately in a similar manner. Such account will contain the following: Ceded net written premium (i.e., ceded gross written premium, including the Reinsurer's share of 100% of the Policy fees, less returns and cancellations), under Policies attaching to each Underwriting Period; less
