DGIC definition
Examples of DGIC in a sentence
The representatives of the Council for Development of Cambodia (CDC) and DGIC will jointly decide on the use of the Consultancy Fund.
All such funds withheld by, or paid to, DGIC for the purpose of refunding DGIA's Purchase Price Deposit shall be remitted by DGIC to DOIA.
If for any reason there are insufficient commissions payable to MGA to equal the aggregate amount of DGIA's Purchase Price Deposit, then upon the termination date of the MGA Agreement, LR3 or MGA shall pay to DGIC any such shortfall amount in full as soon as possible, but in no event more than fifteen (15) business days after such termination date.
The Purchase Price Deposit shall be paid on a monthly basis and shall be calculated in an amount equal to three percent (3%) of the net written premiums of the automobile insurance business written by the Agencies on behalf of DGIC in Florida during the period beginning November 1, 2001 (i.e., policies with an effective date of November 1, 2001) and ending on the Closing Date.