Adjusted TIV definition

Adjusted TIV as used herein shall mean the Company’s total insurance values for business reinsured hereunder (as set forth in the Business Covered Article), in force at September 30, 2015. “Provisional TIV” shall equal $126,501,660,146.
Adjusted TIV as used herein shall mean the Company's total insurance values for business reinsured hereunder (as set forth in the Business Covered Article), in force as at September 30, 2012. “Provisional TIV” shall equal $50,904,410,000.

Examples of Adjusted TIV in a sentence

  • Subject to the provisions of paragraph C below, no later than April 1, 2016 (or as promptly as possible following the date of termination in the event this Contract is terminated prior to April 1, 2016), the Company shall provide a report to the Reinsurer setting forth the Adjusted TIV Premium due hereunder for each excess layer, and any additional premium due the Reinsurer or return premium due the Company shall be remitted promptly.

  • No later than April 1, 2016 (or as promptly as possible following the date of termination in the event this Contract is terminated prior to April 1, 2016), the Company shall provide a report to the Reinsurer setting forth the Adjusted TIV Premium due hereunder, and any additional premium due the Reinsurer or return premium due the Company shall be remitted promptly.