Thousand Dollars ($100,000) For Any One Agreement Year.

suck thousand dollars ($100,000) for both one Agreement Year. If the lug due to the Compevery for the Reinsurers? liability hereunder is in wasteland of fifty thousand dollars ($50,000), the Reinsurers will, upon receipt of proof of loss, remit the centerfield due indoors ten (10) working days. ARTICLE 7 ? OFFSET The Company or the Reinsurer shall have, and may exercise at any time and from time to time, the right to offset any balance or balances, whether on account of premiums or on account of losses or otherwise, due from one ships company to the other under the terms of this Agreement. ARTICLE VII - stead CALLS A.

In the event a negative balance results in any one month (claims exceed premiums collected), and/or in the event the claims fund (if any) is depleted, the Company may make an agile funds call upon the Reinsurer. The Reinsurer agrees to make payment to the Company inside five (5) business days after the Reinsurers receipt of the cash call. B. The Company ma...If you want to get a full essay, revision it on our website: BestEssayCheap.com

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