Common use of RDS Clause in Contracts

RDS. The net loss on the Supported Syndicate from any Lloyd’s prescribed RDS shall not at any time exceed 20% of the total Supported Syndicate capacity for any Year of Account.`

Appears in 2 contracts

Sources: Letter of Credit Agreement (Navigators Group Inc), Letter of Credit Agreement (Navigators Group Inc)

RDS. The net loss on the Supported Syndicate from any Lloyd’s prescribed RDS shall not at any time exceed 20% of the total Supported Syndicate capacity for any Year of Account.`

Appears in 1 contract

Sources: Funds at Lloyd’s Letter of Credit Agreement (Navigators Group Inc)