Common use of BUSINESS COVERED Clause in Contracts

BUSINESS COVERED. A. The Reinsurer shall indemnify the Company on an excess of loss basis in respect of the Company's Ultimate Net Loss paid by the Company as a result of losses occurring during the term of this Agreement, for Policies in force as of January 1, 2006, and new and renewal Policies becoming effective on or after said date, subject to the terms and conditions contained herein.

Appears in 1 contract

Samples: Philadelphia Consolidated Holding Corp

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BUSINESS COVERED. A. A The Reinsurer shall indemnify the Company on an excess of loss basis in respect of the Company's ’s Ultimate Net Loss paid by the Company as a result of losses occurring during the term of this Agreement, for Policies in force as of January 101, 2006, and new and renewal Policies becoming effective on or after said date, subject to the terms and conditions contained herein.

Appears in 1 contract

Samples: Loss Reinsurance Agreement (Safety Insurance Group Inc)

BUSINESS COVERED. A. The Reinsurer shall indemnify the Company on an excess of loss basis in respect of the Company's Ultimate Net Loss paid or to be paid by the Company as a result of losses occurring during the term of this the Agreement, for Policies in force as of January 1, 20061997, and new and renewal Policies becoming effective on or after said date, subject to the terms and conditions contained herein.

Appears in 1 contract

Samples: Philadelphia Consolidated Holding Corp

BUSINESS COVERED. A. The Reinsurer shall indemnify the Company on an excess of loss basis in respect of the Company's Ultimate Net Loss paid by the Company as a result of losses occurring during the term of this Agreement, for Policies in force as of January 101, 20062007, and new and renewal Policies becoming effective on or after said date, subject to the terms and conditions contained herein.

Appears in 1 contract

Samples: Safety Insurance Group Inc

BUSINESS COVERED. A. The Reinsurer shall indemnify the Company on an excess of loss basis in respect of the Company's ’s Ultimate Net Loss paid or to be paid by the Company as a result of losses occurring during the term of this Agreement, for Policies in force as of January 1, 2006, 2005 and new and renewal Policies becoming effective on or after said date, for the Profit Centers’ Annual Statement Lines of Business, subject to the terms and conditions contained herein.

Appears in 1 contract

Samples: Reinsurance Agreement (Liberty Mutual Agency Corp)

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BUSINESS COVERED. A. The Reinsurer shall indemnify the Company on an excess of loss basis in respect of the Company's Ultimate Net Loss paid or to be paid by the Company as a result of losses occurring during the term of this Agreement, for Policies in force as of January 1, 20062000, and new and renewal Policies becoming effective on or after said date, subject to the terms and conditions contained herein.

Appears in 1 contract

Samples: Reinsurance Agreement (Mercury General Corp)

BUSINESS COVERED. A. The Reinsurer shall indemnify the Company on an excess of loss basis in respect of the Company's Ultimate Net Loss paid by the Company as a result of losses occurring during the term of this Agreement, for Policies in force as of January 1, 20062004, and new and renewal Policies becoming effective on or after said date, subject to the terms and conditions contained herein.

Appears in 1 contract

Samples: Reinsurance Agreement (Philadelphia Consolidated Holding Corp)

BUSINESS COVERED. A. The Reinsurer shall indemnify the Company on an excess of loss basis in respect of the Company's ’s Ultimate Net Loss paid by the Company as a result of losses occurring during the term of this Agreement, for Policies in force as of January 1, 20062005, and new and renewal Policies becoming effective on or after said date, subject to the terms and conditions contained herein.

Appears in 1 contract

Samples: Reinsurance Agreement (Philadelphia Consolidated Holding Corp)

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