Non-Proportional Sample Clauses

Non-Proportional. Retained premium and associated liability from eligible livestock price insurance contracts designated to the Commercial Fund are subject to the following stop-loss coverage and premium: i. FCIC shall provide two layers of stop-loss coverage: I. First Layer: FCIC’s participation on this layer shall be ninety percent (90%) of the amount by which the Company’s aggregate ultimate net losses exceeds one hundred and fifty percent (150%) but is less than five hundred percent (500%) of aggregate net book premium retained by the Company.