Common use of BUSINESS COVERED Clause in Contracts

BUSINESS COVERED. The Reinsurer agrees to reimburse the Company, on an excess of loss basis, for the amounts of ultimate net loss which the Company may pay as a result of claims made during the term of this Agreement under binders, policies and contracts of insurance (hereinafter called "policies"), hereafter issued or entered into by or on behalf of the Company, covering the types of policy forms set forth below as written by the Company, except as excluded under the Exclusions Article of this Agreement, subject to the limitations set forth in the Limit and Retention Article:

Appears in 3 contracts

Samples: Excess of Loss Reinsurance Agreement (Scpie Holdings Inc), Loss Reinsurance Agreement (Scpie Holdings Inc), Excess of Loss Reinsurance Agreement (Scpie Holdings Inc)

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BUSINESS COVERED. The Reinsurer agrees to reimburse the Company, on an excess of loss basis, for the amounts amount of ultimate net loss which the Company may pay as a the result of claims made during the term of this Agreement under binders, policies and contracts the Classes of insurance (hereinafter called "policies"), hereafter issued or entered into by or on behalf of the Company, covering the types of policy forms Insurance set forth below as written by with respect to subject policies which are in force or may hereinafter come into force during the Companyterm of this Agreement, except as excluded under the Exclusions Article of this Agreement, subject to the limitations set forth in the Limit and Retention Limits of Cover Article:.

Appears in 2 contracts

Samples: Medical Malpractice Shortfall Excess of Loss Reinsurance Agreement (Scpie Holdings Inc), First Fourth Excess of Loss Reinsurance Agreement (Scpie Holdings Inc)

BUSINESS COVERED. The Reinsurer agrees to reimburse the Company, on an excess of loss basis, for the amounts amount of ultimate net loss Ultimate Net Loss which the Company may pay as a the result of claims made Claims Made during the term of this Agreement Contract under binders, policies and contracts the Classes of insurance (hereinafter called "policies"), hereafter issued or entered into by or on behalf of the Company, covering the types of policy forms Insurance set forth below as written by with respect to subject Policies which are in force or may hereinafter come into force during the Companyterm of this Contract, except as excluded under the Exclusions Article of this Agreement, and subject to the limitations set forth in the Retention and Limit Articles in the attached Exhibits A, B and Retention Article:C.

Appears in 1 contract

Samples: Interests and Liabilities Agreement (Scpie Holdings Inc)

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BUSINESS COVERED. The Reinsurer agrees to reimburse the Company, on an excess of loss basis, for the amounts of ultimate net loss which the Company may pay as a result of claims made during the term of this Agreement under binders, policies and contracts of insurance (hereinafter called "policies"), hereafter issued or entered into by or on behalf of the Company, covering the types of policy forms set forth below as written by the Company, except as excluded under the Exclusions Article of this Agreement, subject to the limitations set forth in the Limit and Retention Article:: 2 1.

Appears in 1 contract

Samples: Loss Reinsurance Agreement (Scpie Holdings Inc)

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