Common use of THE GENERAL AGENT Clause in Contracts

THE GENERAL AGENT. 18.01 The Company, the Reinsurer and the General Agent have entered into a General Agency Agreement effective April 1, 2003 (the "General Agency Agreement"), a complete copy of which is attached hereto as Exhibit "A" and fully incorporated herein by this reference. The Reinsurer has selected the General Agent to administer the business reinsured hereunder. While for regulatory purposes, the General Agent will need to be appointed as the Company's agent, it is recognized that the General Agent is acting on behalf of the Reinsurer. The Company is making no evaluation of the General Agent's qualification, has no obligation to furnish reports or statistics to the Reinsurer, or to monitor the performance of the General Agent. The Company shall file with the State all reports requested by the State based upon information received from the General Agent and Reinsurer.

Appears in 2 contracts

Samples: Quota Share Reinsurance Agreement (Hallmark Financial Services Inc), Quota Share Reinsurance Agreement (Hallmark Financial Services Inc)

AutoNDA by SimpleDocs

THE GENERAL AGENT. 18.01 21.01 The Company, the Reinsurer and the General Agent have entered into a General Agency Agreement effective April January 1, 2003 1997 (the "General Agency Agreement"Agreement ), a complete copy of which is attached hereto as Exhibit "A" A and fully incorporated herein by this reference. The Reinsurer has selected the General Agent to administer the business reinsured hereunder. While for regulatory purposes, the General Agent will need to be appointed as the Company's agent, it is recognized that the General Agent is acting on behalf of the Reinsurer. The Company is making no evaluation of the General Agent's qualification, qualification and has no obligation to audit or oversee the General Agent or furnish reports or statistics to the Reinsurer, or to monitor the performance of the General Agent. The Company shall file with the State all reports requested by the State based upon information received from the General Agent and ReinsurerAgent.

Appears in 1 contract

Samples: Quota Share Reinsurance Agreement (Hallmark Financial Services Inc)

AutoNDA by SimpleDocs

THE GENERAL AGENT. 18.01 17.01 The Company, the Reinsurer and the General Agent have entered into a General Agency Agreement effective April January 1, 2003 2004 (the "General Agency Agreement"), a complete copy of which is attached hereto as Exhibit "AB" and fully incorporated herein by this reference. The Reinsurer has selected the General Agent to administer the business reinsured hereunder. While for regulatory purposes, the General Agent will need to be appointed as the Company's agent, it is recognized that the General Agent is acting on behalf of the Reinsurer. The Company is making no evaluation of the General Agent's qualification, has no obligation to furnish reports or statistics to the Reinsurer, or to monitor the performance of the General Agent. The Company shall file with the State all reports requested by the State based upon information received from the General Agent and Reinsurer.

Appears in 1 contract

Samples: Excess of Liability Reinsurance Agreement (Tower Group, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.