Common use of LIMITS OF COVER Clause in Contracts

LIMITS OF COVER. A. With respect to business classified as Directors and Officers Liability: The liability of the Reinsurer shall not exceed $4,000,000 per policy in the aggregate and/or coverage part (i.e., 80% of $5,000,000).

Appears in 3 contracts

Samples: Quota Share Reinsurance Agreement (Scpie Holdings Inc), Interests and Liabilities Contract (Scpie Holdings Inc), Share Reinsurance Agreement (Scpie Holdings Inc)

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LIMITS OF COVER. A. With respect to business classified as Directors and Officers Liability: The liability of the Reinsurer shall not exceed $4,000,000 2,500,000 per policy in the aggregate and/or coverage part (i.e., 8050% of $5,000,000).

Appears in 1 contract

Samples: Quota Share Reinsurance Agreement (Scpie Holdings Inc)

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