Common use of Contribution Payment Clause in Contracts

Contribution Payment. Contribution is payable on or before the inception date or renewal date as the case may be. The company shall not be obliged to accept contribution tendered to it after inception date or renewal date as the case may be but may do so upon such terms as it at it’s sole discretion may determine.

Appears in 2 contracts

Sources: Participation Agreement, Takaful Commercial Agreement

Contribution Payment. Contribution is payable on or before the inception date or renewal date as the case may be. The company shall not be obliged to accept contribution tendered to it after inception date or renewal date as the case may be but may do so upon such terms as it at it’s its sole discretion may determine.

Appears in 1 contract

Sources: Personal Lines Participation Agreement