Common use of Initial Participation Clause in Contracts

Initial Participation. For purposes of determining the initial percentage that each party to the Pooling Agreement shall participate in the Pooled Business contemplated thereby, the following Participation Percentages shall be used: AmCOMP Assurance Corporation 21 % AmCOMP Preferred Insurance Company 79 %

Appears in 1 contract

Sources: Reinsurance Pooling Agreement (Amcomp Inc /Fl)

Initial Participation. For purposes of determining the initial percentage that each party to the Pooling Agreement shall participate in the Pooled Business contemplated thereby, the following Participation Percentages shall be used: AmCOMP Assurance Corporation 21 32 % AmCOMP Preferred Insurance Company 79 68 %

Appears in 1 contract

Sources: Reinsurance Pooling Agreement (Amcomp Inc /Fl)