Common use of Alternative Recapture Arrangement Clause in Contracts

Alternative Recapture Arrangement. As an alternative to above recapture implementations, the Company and the Reinsurer have the option to negotiate a program specifically for administrative ease such as a periodic or discontinuous recapture of inforce policies. Any such alternative methods, if agreed to by both parties, will be made through an amendment to this Agreement for the affected business.

Alternative Recapture Arrangement. As an alternative to above recapture implementations, the Company and the Reinsurer have the option to negotiate a program specifically for administrative ease ease, such as a periodic or discontinuous recapture of inforce in force policies. Any such alternative methods, if agreed to by both parties, methods will be made agreed between the two parties through an amendment made to this Agreement agreement for the affected business.

Alternative Recapture Arrangement. As an alternative to above recapture implementations, the Ceding Company and the Reinsurer have the option to negotiate a program specifically for administrative ease such as a periodic or discontinuous recapture of inforce in force policies. Any such alternative methods, if agreed to by both parties, methods will be made agreed between the two parties through an amendment made to this Agreement for the affected business.