Examples of Controlling Company in a sentence
Controlling CompanyThe execution by the Controlling Company of the DECLARATIONS, Endorsements 1 - 12, shall constitute execution by all the Companies signing this Endorsement.
Each Company shall be deemed to agree to such modification, unless such Company notifies the Controlling Company or the Controlling Company’s representative in writing, that they do not agree to such modification.
In the event this Bond is modified during the BOND PERIOD, the Controlling Company shall notify the Companies or their respective representatives, in writing, of such change.
In the absence of a request from any Company to pay premiums directly to it, premiums for thisBond may be paid to the Controlling Company for the account of all Companies.
If a Company fails to object to a modification within fifteen (15) days of receipt of notice from the Controlling Company, such Company shall be deemed to agree to such modification.” This Endorsement applies to loss discovered after 12:01 a.m. on November 1, 2013.