A djustments and Withdrawals. 1. Each Reinsurer agrees to maintain the Eligible Assets in such Reinsurer's Trust Account such that the Outstanding Collateral Amount with respect to such Reinsurer shall be equal to or greater than the Security Amount with respect to such Reinsurer as of each Collateral Calculation Date.
Appears in 3 contracts
Samples: Quota Share Reinsurance Contract, Quota Share Reinsurance Contract, Quota Share Reinsurance Contract
A djustments and Withdrawals. 1. Each Reinsurer agrees to maintain the Eligible Assets in such Reinsurer's ’s Trust Account such that the Outstanding Collateral Amount with respect to such Reinsurer shall be equal to or greater than the Security Amount with respect to such Reinsurer as of each Collateral Calculation Date.
Appears in 1 contract
Samples: Acis 2020 Afrm1
