Common use of INTERMEDIARY Clause in Contracts

INTERMEDIARY. Xxxxx X Xxxxxxx & Co Ltd is hereby recognised as the Intermediary negotiating this agreement for all business hereunder. All communications (including but not limited to notices, statements, premiums, return premiums, commissions, taxes, losses, loss adjustment expenses, salvages, and loss settlements) relating thereto shall be transmitted to the Company or Reinsurers through the office of Xxxxx X Xxxxxxx & Co Ltd, Landmark House, 00 Xxxxxxxxxx Xxxxxx, Xxxxxx, XX0X 0XX. Payments by the Company to the Intermediary shall be deemed to constitute payment to Reinsurers. Payments by Reinsurers to the Intermediary shall be deemed only to constitute payment to the Company to the extent that such payments are actually received by the Company.

Appears in 5 contracts

Samples: Interests and Liabilities Contract (Eastern Insurance Holdings, Inc.), Interests and Liabilities Contract (Eastern Insurance Holdings, Inc.), Interests and Liabilities Contract (Eastern Insurance Holdings, Inc.)

AutoNDA by SimpleDocs

INTERMEDIARY. Xxxxx X Xxxxxxx & Co Ltd is hereby recognised as the Intermediary negotiating this agreement for all business hereunder. All communications (including but not limited to notices, statements, premiums, return premiums, commissions, taxes, losses, loss adjustment expenses, salvages, and loss settlements) relating thereto shall be transmitted to the Company or Reinsurers through the office of Xxxxx X Xxxxxxx & Co Ltd, Landmark House, 00 Xxxxxxxxxx Xxxxxx, Xxxxxx, XX0X 0XX. Payments by the Company to the Intermediary shall be deemed to constitute payment to Reinsurers. Payments by Reinsurers to the Intermediary shall be deemed only to constitute payment to the Company to the extent that such payments are actually received by the Company.. NUCLEAR INCIDENT EXCLUSION CLAUSE - LIABILITY - REINSURANCE U.S.A. (BRMA 35A)

Appears in 1 contract

Samples: Interests and Liabilities Contract (Eastern Insurance Holdings, Inc.)

AutoNDA by SimpleDocs

INTERMEDIARY. Xxxxx X Xxxxxxx Xxx Xxxxxxxxx & Co Ltd Company, Inc. is hereby recognised recognized as the Intermediary negotiating this agreement Agreement for all business hereunder. All communications (communications, including but not limited to notices, statements, premiums, return premiums, commissions, taxes, losses, loss adjustment expenses, salvages, salvages and loss settlements) settlements relating thereto (except those related to the ARBITRATION ARTICLE) shall be transmitted to the Reinsurer or the Company or Reinsurers through the office of Xxxxx X Xxxxxxx Xxx Xxxxxxxxx & Co LtdCompany, Landmark HouseInc., 00 Xxxxxxxxxx 0000 Xxxxxx Xxxxxx, XxxxxxXxxxx 0000, XX0X 0XXXxxxxxx, Xxxxxxxxxx 00000. Payments by the Company to the Intermediary shall be deemed to constitute payment to Reinsurersthe Reinsurer. Payments by Reinsurers the Reinsurer to the Intermediary shall be deemed only to constitute payment to the Company to the extent that such payments are actually received by the Company.

Appears in 1 contract

Samples: Reinsurance Agreement (Cii Financial Inc)

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