Producer definition

Producer means the owner of a well or wells capable of producing oil or gas or both.
Producer means any broker, insurance producer, agent, general agent, managing general agent, master broker agency, broker general agency, financial specialist or other Person, including any employee of the Ceding Company or its Affiliates, responsible for writing, marketing, producing, selling or soliciting Reinsured Contracts.
Producer means persons engaged in manufacture or import of carry bags or multilayered packaging or plastic sheets or like, and includes industries or individuals using plastic sheets or like or covers made of plastic sheets or multilayered packaging for packaging or wrapping the commodity ;

Examples of Producer in a sentence

  • Producer agrees to disclose any information that may affect the insurability of insured.

  • Direct Bill policies: Producer shall exercise best efforts to assist carrier to collect unpaid audit and other premiums.

  • Producer will be relieved of responsibility only if and when the issuing company relieves PMC of its responsibility to collect such premium.

  • Producer understands that in providing quotes and/or coverage, PMC is relying upon the accuracy of information provided by insured through Producer and submitted to PMC.

  • Agency Billed policies: the Producer accepts full and entire responsibility to PMC for the collection and payment of all earned premiums due on insurance contracts arranged by PMC, regardless of the collectability or collection status of the account by the Producer.


More Definitions of Producer

Producer means the owner or operator of a well capable of producing oil and gas.
Producer means any person who, irrespective of the selling technique used, including by means of distance communication in accordance with Directive 97/7/EC of the European Parliament and of the Council of 20 May 1997 on the protection of consumers in respect of distance contracts (1):
Producer means a person who owns leases, operates, controls, or supervises a California production facility.
Producer means the manufacturer of goods, the importer of goods into the Union or any person purporting to be a producer by placing their name, trade mark or other distinctive sign on the goods;
Producer means a natural or legal person generating electricity;
Producer means a person engaged in the business of producing, or causing to be produced for any market, an agricultural commodity or agricultural commodity input in quantity beyond that person's own family use, and having a value at first point of sale of more than $800.00 or of an amount as otherwise expressly provided for in a marketing program for the agricultural commodity or agricultural commodity input in any 1 growing and marketing season within the last 3 years.
Producer means a person that: