Examples of Brokerage Business Pool in a sentence
TICNY, as pool manager, shall negotiate, obtain and maintain such Pool Reinsurance as it deems appropriate with respect to the liabilities of the Brokerage Business Pool, which reinsurance shall inure to the benefit of the Participating Companies according to their respective Pooling Percentages.
The Participating Companies acknowledge that, following the acceptance or retention of a percentage of the Brokerage Business Pool by a Participating Company, such pooled business shall be subject to such reinsurance as may be entered into by such Participating Company on or after the Effective Date that is for the benefit of such Participating Company as to its participation in the Brokerage Business Pool and does not inure to the benefit of the Brokerage Business Pool.
TICNY shall establish the Brokerage Business Pool, which shall consist of the premiums and Net Liability under all Brokerage Business written or assumed by TICNY and CPIC (including business assumed by TICNY pursuant to this Pooling Agreement).
TICNY shall establish the Brokerage Business Pool, which shall consist of the Net Liability under all Brokerage Business written or assumed by Tower and CPIC (including business assumed by TICNY pursuant to this Pooling Agreement).
A Participating Company may terminate its respective participation in the Brokerage Business Pool as of the date that is forty-eight (48) months after the Effective Date.
Either Tower or CPIC may terminate their respective participation in the Brokerage Business Pool as of the date thirty six (36) months after the Effective Date and thereafter as of the close of a calendar quarter by giving at least six (6) months prior written notice to the other party by certified or registered mail.
A Participating Company may terminate its respective participation in the Brokerage Business Pool as of the date that is forty-eight (48) months after the Effective Date and thereafter as of the close of a calendar quarter by giving at least six (6) months prior written notice to the other party by certified or registered mail.