Common use of ORIGINAL CONDITIONS Clause in Contracts

ORIGINAL CONDITIONS. A. All reinsurance under this Contract shall be subject to the same rates, terms, conditions, waivers and interpretations and to the same modifications and alterations as the respective policies of the Company. However, in no event shall this be construed in any way to provide coverage outside the terms and conditions set forth in this Contract. The Reinsurer shall be credited with its exact proportion of the original premiums received by the Company (net of rebates, policy fees or equivalent charges, other service fees or brokerage fees), prior to disbursement of any dividends, but after deduction of premiums, if any, ceded by the Company for inuring reinsurance.

Appears in 2 contracts

Samples: Amwest Insurance Group Inc, Amwest Insurance Group Inc

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ORIGINAL CONDITIONS. A. All reinsurance under this Contract shall be subject to the same rates, terms, conditions, waivers and interpretations and to the same modifications and alterations as the respective policies of the Company. However, in no event shall this be construed in any way to provide coverage outside the terms and conditions set forth in this Contract. The Reinsurer shall be credited with its exact proportion of the original premiums received by the Company (net of rebatespolicy fees, policy installment fees, additional premium finance fees, late fees or equivalent charges, other service fees or brokerage similar fees), ) prior to disbursement of any dividends, but after deduction of premiums, if any, ceded by the Company for inuring reinsurance.

Appears in 2 contracts

Samples: Affirmative Insurance Holdings Inc, Affirmative Insurance Holdings Inc

ORIGINAL CONDITIONS. A. All reinsurance under this Contract shall be subject to the same rates, terms, conditions, conditions and waivers and interpretations and to the same modifications and alterations as the respective policies of the Company. However, in no event shall this be construed in any way to provide coverage outside the terms and conditions set forth in this Contract. The Reinsurer shall be credited with its exact proportion of the original premiums received by the Company (net of rebates, policy fees or equivalent charges, other service fees or brokerage fees)Company, prior to disbursement of any dividends, but after deduction of premiums, if any, ceded by the Company for inuring reinsurance.

Appears in 1 contract

Samples: Gryphon Holdings Inc

ORIGINAL CONDITIONS. A. All reinsurance under this Contract shall be subject to the same rates, terms, conditions, waivers and interpretations and to the same modifications and alterations as the respective policies of the Company. However, in no event shall this be construed in any way to provide coverage outside the terms and conditions set forth in this Contract. The Reinsurer shall be credited with its exact proportion of the original premiums received by the Company (net of rebates, policy fees or equivalent charges, charges and other service fees or brokerage fees), prior to disbursement of any dividends, but after deduction of premiums, if any, ceded by the Company for inuring reinsurance, and taking into account additional and return premiums.

Appears in 1 contract

Samples: Amwest Insurance Group Inc

ORIGINAL CONDITIONS. A. All reinsurance under this Contract shall be subject to the same rates, terms, conditions, waivers and interpretations and to the same modifications and alterations as the respective policies of the Company. However, in no event shall this be construed in any way to provide coverage outside the terms and conditions set forth in this Contract. The Reinsurer shall be credited with its exact proportion of the original premiums received net written premium collected by the Company (net of rebates, policy fees or equivalent charges, other service fees or brokerage fees)Company, prior to disbursement of any dividends, but after deduction of premiums, if any, ceded by the Company for inuring reinsurance.

Appears in 1 contract

Samples: Interests and Liabilities Agreement (Philadelphia Consolidated Holding Corp)

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ORIGINAL CONDITIONS. A. All reinsurance under this Contract shall be subject to the same rates, terms, conditions, waivers and interpretations and to the same modifications and alterations as the respective policies Policies of the Company. However, in no event shall this be construed in any way to provide coverage outside the terms and conditions set forth in this Contract. The Reinsurer shall be credited with its exact proportion of the original premiums received by the Company (net of rebates, policy fees or equivalent charges, other service fees or brokerage fees)Company, prior to disbursement of any dividends, but after deduction of premiums, if any, ceded by the Company for inuring reinsurance.

Appears in 1 contract

Samples: Vesta Insurance Group Inc

ORIGINAL CONDITIONS. A. All reinsurance under this Contract shall be subject to the same rates, terms, conditionsconditions and waivers, waivers and interpretations and to the same modifications and alterations as the respective policies of the Company. However, in no event shall this be construed in any way to provide coverage outside the terms and conditions set forth in this Contract. The Reinsurer shall be credited with its exact proportion of the original premiums received by Company’s Net Written Premiums (as defined in Article XII). As respects business in force at the Company (effective date of this Contract, the Reinsurer will be credited with its exact proportion of the Company’s net of rebates, policy fees or equivalent charges, other service fees or brokerage fees), prior to disbursement of any dividends, but after deduction of unearned premiums, if any, ceded by the Company for inuring reinsurance.

Appears in 1 contract

Samples: Trust Agreement (Donegal Group Inc)

ORIGINAL CONDITIONS. A. All reinsurance under this Contract shall be subject to the same rates, terms, conditionsconditions and waivers, waivers and interpretations and to the same modifications and alterations as the respective policies of the Company. However, in no event shall this be construed in any way to provide coverage outside the terms and conditions set forth in this Contract. The Reinsurer shall be credited with its exact proportion of the original premiums received by the Company (net of rebates, policy fees or equivalent charges, other service fees or brokerage fees)Company, prior to disbursement of any dividends, but after deduction of premiums, if any, ceded by the Company for inuring insuring reinsurance.

Appears in 1 contract

Samples: Agreement for Purchase and Sale of Certain (Medical Defense Holding Co)

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