Common use of Ceding Commission Clause in Contracts

Ceding Commission. The Reinsurer agrees to allow the Company a commission allowance of 28.5% on the Original Gross Premium ceded under this Agreement. On all return premiums the Company shall return to the Reinsurer the commission allowance of 28.5%. The commission allowance which the Reinsurer makes to the Company on the business transacted under this Agreement includes provision for all taxes, assessments and any other expenses whatsoever, except loss adjustment expenses.

Ceding Commission. The Reinsurer agrees to allow the Company a commission allowance per calendar quarter of 28.5(a) $50,000 plus (b) 25% on the Original Gross Premium of Net Premiums Written ceded under this Agreement. On all Return commission shall be allowed on return premiums at the Company shall return to the Reinsurer the same rate. Such commission allowance of 28.5%. The commission allowance which shall be the Reinsurer makes to the Company on the business transacted under this Agreement includes sole provision for all commissions, brokerages, taxes, assessments board, exchange or bureau assessments, and any for all other expenses whatsoeverof whatever nature, except excepting loss adjustment expenses.

Ceding Commission. A. The Reinsurer agrees to allow the Company shall make a commission allowance of 28.515% to the Company on the Original Gross Premium premiums ceded under this Agreement. On all return premiums the Company shall return to the Reinsurer the commission allowance of 28.515%. The commission allowance which the Reinsurer makes to the Company on the business transacted under this Agreement includes provision for all taxes, assessments and any other expenses whatsoever, except loss adjustment expenses.