OWNERSHIP OF EXPIRATIONS. The use and control of expirations will remain the property of Manager; and Company will not, without consent of Manager, (a) refer or communicate to any other agent or broker, Company’s records of insureds, expiration dates and other material information relating to specific risks except for loss or claims information specifically requested by the insured or the insured’s authorized representative nor (b) use such material information relating to specific risks for purposes of solicitation.
OWNERSHIP OF EXPIRATIONS. In the event of termination of this Agreement and provided Producer has accounted for and paid to CRC all premiums and other monies due in accordance with the terms of this Agreement, the use and control of expirations on business written under this Agreement shall remain the property of the Producer. If a proper accounting and payment has not been made, the ownership of the records and the ownership of the right of use and control of the expirations shall vest in CRC. DIRECT COLLECTION If, after the expiration of sixty (60) days from the date liability was assumed by the insurance carrier, CRC has not received payment due for the applicable coverage, CRC may, at its option, collect from the Insured the premium due. In the event CRC collects the premium or any part thereof from the Insured, Producer shall not be entitled to any commission on the premium so collected. Attempts by CRC to collect from the Insured shall not relieve Producer of liability to CRC except to the extent of amounts actually collected by CRC from the Insured, less the expense of such collection.
OWNERSHIP OF EXPIRATIONS. In the event this Agreement is terminated and the Broker has paid to the Company all premiums due before the effective date of termination, the Broker’s expirations, records, files, related information and the use and control of the expirations shall remain the property of the Broker and be left in its undisputed possession. If such premium has not been fully accounted for and paid by the Broker to the Company prior to the effective date of termination, then the records, expirations, files, related information and use and control thereof shall be owned and controlled by the Company.
OWNERSHIP OF EXPIRATIONS. 8.01 During the term of this Agreement and upon termination pursuant to Section 9.01, the Producer’s Records, together with the use, control, and ownership of expirations applicable to any insurance placed or arranged by or through Provider (the “Expiration”) will remain the Producer’s property. If upon termination of this Agreement, there are undisputed amounts owed to Xxxx by Producer, then Xxxx or the applicable Provider may provide written notice to Producer of such amount owed. If any such amounts are not remitted to Xxxx or the applicable Provider within thirty (30) days’ following provision of such notice, then the use and control of the Expirations shall vest in Xxxx to the extent necessary for Xxxx to recover such undisputed amounts owed.
OWNERSHIP OF EXPIRATIONS. 10.1 So long as this business under this Agreement is not abandoned pursuant to Section XI of this Agreement, the records of insureds and Policies and their use and control for the solicitation of business written or bound by or through the PA (“expirations”), as between the PA and the Company shall be the sole and exclusive property of the PA.
OWNERSHIP OF EXPIRATIONS. The use and control of expirations, and the records thereof, shall remain in the undisputed possession and ownership of the Broker, except as provided under Section 2 hereof.
OWNERSHIP OF EXPIRATIONS. 7.1 In the event of termination of this Agreement, provided the Agent has promptly accounted for and paid over premiums which are due the Company, the Agent’s records and expirations shall remain the property of the Agent and be left in his undisputed possession; otherwise the records and expirations shall be vested in the Company.
OWNERSHIP OF EXPIRATIONS. 8.01 The Producer’s records, together with the use, control, and ownership of expirations applicable to any insurance placed or arranged by or through Provider will remain the Producer’s property, and such records and expirations will remain the property of the Producer even if there is a good faith dispute between the Producer and the Provider with respect to the accounting and/or payment of premiums, taxes if applicable, and other amounts due and owing.
OWNERSHIP OF EXPIRATIONS a) The ownership, use, and control of expirations shall remain in Your undisputed ownership and possession, and We shall not use Your records in any manner which abridges Your right of ownership.
OWNERSHIP OF EXPIRATIONS. Following the termination of this AGREEMENT, the AGENCY or AGENT having promptly accounted for and paid over to MGA premiums and other sums for which AGENCY or AGENT is liable, the records, use and control of expirations, shall remain the property of AGENCY or AGENT and be left in the undisputed possession of AGENCY or the AGENT. "
