Structured Settlements. The parties hereto agree that all arrangements in existence as of the date hereof related to the purchase of structured claims settlements by TPC or any of its Subsidiaries from TIC or its subsidiaries, will continue, on the same economic terms as in existence on the date hereof, until December 31, 2003. During the calendar year 2004, TPC and any of its Subsidiaries will utilize TIC or its subsidiaries as its most preferred provider of such structured settlement claims; provided, TIC or its subsidiaries maintain competitive ratings and its product are competitively priced.
Appears in 2 contracts
Sources: Intercompany Agreement (Travelers Property Casualty Corp), Intercompany Agreement (Travelers Property Casualty Corp)