Agenda - 12-05-1983 - Laserfiche WebLink

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9.11 CANCELATIOI$ notice either by the Obligee or if Insured b the (Surety i shall be equivalent to mailing. Section b. This Bond shall be chimed canceled as to any cancels earned premium shall be computed in accordance with Employee:Immediately the customary than rate table and procedure.Pe.rota, SuretY la) Immediately upon discovery by the Obligee or the Insured cancels,tamed premium shalt be computed of any act on the port of such Employee which would adjustments may be made of the time rancelalion is effective constitute a liability of the Surety under the applicable or as soon practierble unearned celrerrh um Is °a condition effective, Insuring Agreement covering shkrth Employee; but payment (b) Upon the death, resignation or removal of such Ern' of cf o Ya°onc pt 12 or the cancelation Provisions sat forth In either or (c) At 12 o'clock night upon the effective date specified bath of the foregoing paragraphs of this Section are prohibited In a written notice mailed to the Obligee and the In- or made void by any law controlling the construction of this sured. Such date shall be not ess than thirty-days after Bond, such provisions to the extent they are so prohibited the data of mailing, The mailing by the Surety of or made void shall ba deemed to be nullified and of no effect notice as aforesald to the Obligee and the insured shall LEGAL PROCEEDINGS be sufficient proof of notice. Delivery of such written notice by the Surety shall be equivalent to mailing. recover Section on account Nt. suit.t loss under proceeding s edin shall be kind to mailing Bond may et canceled ri to notice to tang when or the Insured by mailing ro the Surety written++once statln when thereafter the after the expiration of three years from the eancelativn of this mailing to the Obligee and the Insured written for bringing suit, action or proceeding Vs prohibited or made cancelatiorr shall be effective. This Mond may be canceled by Bond as on entirety provided,however, that If such limitation the Surety by thereafter, such void by any law controlling the construction of this Bond.such notice cancelation shell when, not live than thirty days said shall be sulfflctntiproo of The i 11e9very ofhsuch written Ito the hmin shall m period of the limitation permitted by such equal In witness whereof, the Surety has caused this Bond to be executed on the Declarations page. Mutual Cenerrfions. This bond Is non-_s'ssabl� bond holdersIsln member of tthhtehund waiter ns of shall rticippa1tedotrhet extent nt Board and upon the conditions fixed and determined by dividends so fbcod and determined !h Annual Meeting. The insured is hereby notified that by virtue of this band nt any andemberrheeti the of said Pennsylvania National The Annual Casualty of Insurance p ny are and ais t entitled to vote in the in person rr or by proxy Y Meetings of the company are held°t its Home Office in the City of Harrisburg. Pa. on the second Monday of April In each year and the inclusion of this notice In this bend, shall constitute notice to the member of the Annul Meeting. {