Examples of Surplus in a sentence
Required Insurance must be placed with licensed insurers admitted to transact business in the State of California with a current A.M. Best’s rating of A V or better, or, if insurance is placed with a surplus lines insurer, insurer must be listed on the State of California List of Eligible Surplus Lines Insurers (XXXXX) with a current A.M. Best’s rating of no less than A X.
While all states have pertinent regulations for admitted policies, there are also specified requirements for Surplus Lines policies.
Signature: Address for Notice: 000 Xxxxxxxxxxx Xxxxxxxxx, York, Xxxxxx Xxxxxx Island, Canada, C0A 1P0 Securities: Class and Type (Surplus Securities) Number Certificate(s) (if applicable) Common Shares 561,596 Performance Shares 3,000,000 FORM 5D ESCROW AGREEMENT Page 38 (as at June 14, 2010) Schedule “A” to Escrow Agreement Securityholder Name: Xxx Xxxxx Signature: Address for Notice: 000 X.
All Surplus Lines quotes and binders must contain a statement to that effect.
Surplus or emergency work may be performed by temporary employees hired for a period not to exceed ninety (90) calendar days or for the duration of the sickness or leave of absence of a member of the Bargaining Unit.