Run-off. a. The Company shall, concurrent with its notice of termination or within 30 days of MGA’s notice of termination, notify MGA of whether the Company intends to have MGA service the Policies through their run-off, or whether it intends to manage the run-off itself. Except as set forth in Section 7.2.
Appears in 3 contracts
Sources: Managing General Agency Agreement (Exzeo Group, Inc.), Managing General Agency Agreement (Exzeo Group, Inc.), Managing General Agency Agreement (Exzeo Group, Inc.)
Run-off. a. The Company shall, concurrent with its notice of termination or within 30 thirty (30) days of MGA’s 's notice of termination, notify MGA of whether the Company intends to have MGA service the Policies through their run-off, or whether it intends to manage the run-off itself. Except as set forth in Section 7.2.
Appears in 2 contracts
Sources: Managing General Agency and Claims Administration Agreement, Managing General Agency and Claims Administration Agreement (Federated National Holding Co)
Run-off. a. The Company shall, concurrent with its notice of termination or within 30 thirty (30) days of MGA’s notice of termination, notify MGA of whether the Company intends to have MGA service the Policies through their run-off, or whether it intends to manage the run-off itself. Except as set forth in Section 7.2.
Appears in 1 contract
Sources: Managing General Agency Agreement (Homeowners Choice, Inc.)