Special Commutation. A. In the event a Subscribing Reinsurer meets one or more of the following conditions, the Company may require a commutation of that portion of any excess loss hereunder represented by any outstanding claim or claims, including any related loss adjustment expense:
Appears in 5 contracts
Samples: Interests and Liabilities Agreement (Amcomp Inc /Fl), Amcomp Inc /Fl, Amcomp Inc /Fl
Special Commutation. A. In the event a Subscribing Reinsurer meets one or more both of the following conditionscriteria, the Company may require a commutation of that portion of any excess loss hereunder represented by any outstanding claim or claims, including any related loss adjustment expense:.
Appears in 2 contracts
Samples: Liabilities Agreement (Philadelphia Consolidated Holding Corp), Interests and Liabilities Agreement (Philadelphia Consolidated Holding Corp)
Special Commutation. A. In the event a Subscribing Reinsurer meets one or more of the following conditions, the Company may require a commutation of that portion of any excess loss hereunder represented by any outstanding claim or claims, including any related loss adjustment expense:.
Appears in 1 contract
Samples: Amcomp Inc /Fl
