General Operation. A Special Purpose Fund (the “SPF”) shall be established and shall comprise of, together, the ARP and the ROF. The Insurer shall participate in the SPF in accordance with the terms of this Agreement save that it shall have no liability in respect of ARP Coverage or Run-off Cover incepting in an Indemnity Period following the Insurer ceasing to be a Participating Insurer. In this Schedule, the following terms shall have the meanings given below:
Appears in 6 contracts
Samples: www.lawsociety.ie, www.lawsociety.ie, www.lawsociety.ie
General Operation. A Special Purpose Fund (the “SPF”) shall be established and shall comprise of, together, the ARP and the ROF. The Insurer shall participate in the SPF in accordance with the terms of this Agreement save that it shall have no liability in respect of ARP Coverage or Run-off Cover incepting in an Indemnity Period following the Insurer ceasing to be a Participating Qualified Insurer. In this Schedule, the following terms shall have the meanings given below:
Appears in 2 contracts
Samples: Qualified Insurers Agreement, Qualified Insurers Agreement
