SEPARATE BANK ACCOUNTS. 27.1 All monies received by the Coverholder from or on behalf of the Underwriters shall be received by the Coverholder in a fiduciary capacity and:
Appears in 10 contracts
Samples: Binding Authority Agreement, Binding Authority Agreement, Binding Authority Agreement
SEPARATE BANK ACCOUNTS. 27.1 34.1 All monies received by the Coverholder from or on behalf of the Underwriters Underwriter shall be received by the Coverholder in a fiduciary capacity and on a Risk Transfer Basis and:
Appears in 3 contracts
Samples: Binder Agreement (Fidelis Insurance Holdings LTD), Binder Agreement (Fidelis Insurance Holdings LTD), Binder Agreement (Fidelis Insurance Holdings LTD)
SEPARATE BANK ACCOUNTS. 27.1 All monies received by the Coverholder Coverholder, from or on behalf of the Underwriters Underwriters, shall be received by the Coverholder in a fiduciary capacity and:on behalf of the Underwriters and shall be:-
Appears in 2 contracts
Samples: Binding Authority Agreement, Binding Authority Agreement