Program Business definition

Program Business means narrowly defined classes of business that are underwritten on an individual policy basis by a Program Underwriting Agent on behalf of insurance companies.

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Program Business means a clearly defined group of

Program Business used herein means narrowly defined classes of business that are underwritten on an individual policy basis by Program Underwriting Agents on behalf of insurance companies. Traditional Program Business shall mean blocks of Program Business in excess of $5 million in gross written premium that Tower has historically underwritten, consisting of non-auto related personal lines and the following commercial lines of business: retail stores and wholesale trades, commercial and residential real estate, restaurants, grocery stores, office and service industries, and artisan contractors. “Program Underwriting Agent” shall mean an insurance intermediary that aggregates business from retail and general agents and manages business on behalf of insurance companies, including functions such as risk selection and underwriting, premium collection, policy form design and client service.

Examples of Program Business in a sentence

• Actively participate in individual performance review plans, which determines key responsibilities, strategies and performance indicators, in line with the organisation’s Strategic Plan and Program Business Plan.

• Annual Performance Review Actively participate in individual performance review plans, which determines key responsibilities, strategies and performance indicators, in line with the organisation’s Strategic Plan and Program Business Plan.

• Rewards will be paid in the form of a deposit to the customer’s Program Business Checking account.

• If a project participant considers their ‘gross revenue fraction’ to be proprietary data, report the Total by category to the Prime, and provide a copy of this input to Advanced Technology International along with the ‘gross revenue fraction’ to permit Advanced Technology International to use in preparation of the NSRP Program Business Status Report to the Navy.

• If this Pooling Agreement is terminated pursuant to this Article XIII, all rights and obligations of the Participating Companies with respect to Traditional Program Business ceded pursuant to this Pooling Agreement prior to such termination shall continue to be governed by the terms of this Pooling Agreement.

More Definitions of Program Business

Program Business shall have the same meaning that it has in the Traditional Program Business Pooling Agreement.

Program Business means the business of researching, developing, seeking, obtaining and maintaining regulatory approvals for, commercializing, manufacturing, importing, distributing, selling and marketing the Program anywhere in the world; provided, however, that, when used in reference to Seller or any of its Affiliates, the “Program Business” shall mean such business as conducted by Seller and its Affiliates, directly or indirectly, prior to the Closing (excluding, for the avoidance of doubt, Burgundy and its Affiliates).

Program Business means policies of insurance written by TIG covering Program Clients.

Program Business means the business of MRM in which it acts as a conduit ---------------- between producers of specialty books of business and reinsurers of such business.

Program Business means the business of MRM in which it acts as a conduit between producers of specialty books of business and reinsurers of such business.

Program Business means any contract of insurance or reinsurance relating to any Program which, prior to the Closing Date, was bound by Homestead Services, Inc., as underwriting manager, and written by Homestead and which, after the Closing Date and on or prior to the first anniversary of the Closing Date, is either bound by Oakley or insured or reinsured by First Re.

Program Business means the business of the Company Group as conducted by the Company Group as of the Effective Date and as of immediately prior to the Closing.