APPLICABILITY OF AUTHORITY Sample Clauses

APPLICABILITY OF AUTHORITY. The authority granted by the Company and the acceptance by the Program Administrator as stated in this section is limited and applicable only to the Covered Business.
Sample 1
AutoNDA by SimpleDocs
APPLICABILITY OF AUTHORITY. The authority granted by the Company and the acceptance by the Program Administrator as stated in this section is limited and applicable only to the classes of business, lines of business, or types of risks ("kinds of business") set forth in APPENDIX A and amendments made from time to time by the Company to APPENDIX A. MAXIMUM POLICY LIMITS OF LIABILITY OR AMOUNTS OF INSURANCE AND OTHER TERMS AND CONDITIONS. The Program Administrator shall neither issue any policy nor bind any insurance on behalf of the Company, nor extend or increase the Company's liability on any existing policy or binder with regard to limits of liability or amounts of insurance in excess of the maximum limits of liability or amounts of insurance stated or referenced in excess of the maximum limits or amounts of insurance stated or referenced in APPENDIX A, nor issue any policy or endorsement, or bind or modify any insurance in a manner inconsistent with APPENDIX A. ADMINISTRATIVE SERVICES OF THE PROGRAM ADMINISTRATOR The Program Administrator shall perform the following administrative services on behalf of the Company: UNDERWRITING GUIDELINES. Assist the Company in developing Underwriting and Producer Guidelines and modifications thereof for the kinds of business applicable to this Agreement, to be approved by the Company in writing prior to use. The Company is required to provide a minimum of ten (10) days written notice to the Program Administrator prior to implementing a change in the underwriting guidelines or base rate pricing. Provided that any change in underwriting guidelines will not apply to accounts which have already been quoted unless mutually agreed by the Company and Program Administrator. PROCESS APPLICATIONS. Process applications for insurance.
Sample 1

Related to APPLICABILITY OF AUTHORITY

  • Applicability of Rights The Holders (as defined below) shall be entitled to the following rights with respect to any proposed public offering of the Company’s Ordinary Shares in the United States and shall be entitled to reasonably equivalent or analogous rights with respect to any other offering of the Company’s securities in Hong Kong or any other jurisdiction in which the Company undertakes to publicly offer or list such securities for trading on a recognized securities exchange.

  • Applicability of ISP and UCP Unless otherwise expressly agreed by the L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit), (i) the rules of the ISP shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce at the time of issuance shall apply to each commercial Letter of Credit.

  • Applicability of Rule 419 Upon delivery and payment for the Units on the Closing Date and each Additional Closing Date, the Company will not be subject to Rule 419 under the Securities Act and none of the Company’s outstanding securities will be deemed to be a “xxxxx stock” as defined in Rule 3a51-1 under the Exchange Act.

  • Applicability of Certain Utah Rules The parties agree that the Arbitration shall be conducted generally in accordance with the Utah Rules of Civil Procedure and the Utah Rules of Evidence. More specifically, the Utah Rules of Civil Procedure shall apply, without limitation, to the filing of any pleadings, motions or memoranda, the conducting of discovery, and the taking of any depositions. The Utah Rules of Evidence shall apply to any hearings, whether telephonic or in person, held by the arbitrator. Notwithstanding the foregoing, it is the parties’ intent that the incorporation of such rules will in no event supersede these Arbitration Provisions. In the event of any conflict between the Utah Rules of Civil Procedure or the Utah Rules of Evidence and these Arbitration Provisions, these Arbitration Provisions shall control.

  • Applicability of ISP Unless otherwise expressly agreed by the L/C Issuer and the Borrower when a Letter of Credit is issued, the rules of the ISP shall apply to each Letter of Credit.

  • Applicability of Plan The Option and the shares of Common Stock issued to the Optionee upon exercise of the Option shall be subject to all of the terms and provisions of the Plan, to the extent applicable to the Option and such shares. In the event of any conflict between this Agreement and the Plan, the terms of the Plan shall control.

  • Applicability of ISP98 and UCP Unless otherwise expressly agreed to by the L/C Issuer and the Borrower when a Letter of Credit is issued, (i) the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “ICC”) at the time of issuance shall apply to each commercial Letter of Credit.

  • Applicability of ISP98 Unless otherwise expressly agreed by the L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit), the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each Letter of Credit.

  • Applicability of This Article Redemption of Securities of any series (whether by operation of a sinking fund or otherwise) as permitted or required by any form of Security issued pursuant to this Indenture shall be made in accordance with such form of Security and this Article; provided, however, that if any provision of any such form of Security shall conflict with any provision of this Article, the provision of such form of Security shall govern.

  • Applicability of Article Securities of any series which are redeemable before their Stated Maturity shall be redeemable in accordance with their terms and (except as otherwise specified as contemplated by Section 301 for such Securities) in accordance with this Article.

Time is Money Join Law Insider Premium to draft better contracts faster.