Examples of quota in a sentence
The Management Rules will also be amended in terms of Section 11(2) (a) , subject to CSOS approval, to allow for the allocation of an equal levy to each Section in the Scheme to cover costs where it would not be equitable to allocate according to the Participation Quota (x.x.Xxxxxxxx).These levies are set out in Annexure C2.
The Company shall cede and the Reinsurer shall accept the Reinsurer’s Quota Share of the Company’s gross liability on each risk, without any retention or limit, net of any inuring reinsurance actually collected by the Company.
Total Order Units and Value Minimum Order Equal To or In Excess of 2022‐23 Per Scout "Quota" of $600.00 Suggested Orders Well in Excess of Quota may Require Partial Payment in Advance.
The Purchaser furthermore acknowledges that the body corporate levy may be amended as a result of any additions made to the unit by the Purchaser (e.g. a sunroom to be constructed) which will result in the Participation Quota being amended to make provision for such addition and as a result thereof, an increased levy shall be paid by the Purchaser.
In confirmation of the liabilities assumed by the Reinsurer under this Agreement, the Reinsurer hereby assumes the Reinsurer’s Quota Share of all liability and responsibility for all premiums in the course of collection.