Common use of Blindness Clause in Contracts

Blindness. C. All loss settlements made by the Company provided they are within the terms of the Company's original policies and of this Agreement, shall be unconditionally binding upon Reinsurer and amounts falling to the share of the Reinsurer shall be payable to the Company in accordance with the provisions set forth in paragraph C. of the Reports and Remittances Article.

Appears in 4 contracts

Samples: Excess of Loss Reinsurance Agreement (Scpie Holdings Inc), Excess of Loss Reinsurance Agreement (Scpie Holdings Inc), Reinsurance Agreement (Scpie Holdings Inc)

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Blindness. C. All loss settlements made by the Company Company, provided they are within the terms of the Company's ’s original policies and of this Agreement, shall be unconditionally binding upon Reinsurer and amounts falling to the share of the Reinsurer shall be payable to the Company in accordance with the provisions set forth in paragraph C. of the Reports and Remittances Article.

Appears in 3 contracts

Samples: Loss Reinsurance Agreement, First Fourth Excess of Loss Reinsurance Agreement (Scpie Holdings Inc), Medical Malpractice Shortfall Excess of Loss Reinsurance Agreement (Scpie Holdings Inc)

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Blindness. C. All loss settlements made by the Company Company, provided they are within the terms of the Company's ’s original policies Policies and of this AgreementContract, shall be unconditionally binding upon Reinsurer and amounts falling to the share of the Reinsurer shall be payable to the Company in accordance with the provisions set forth in paragraph C. C of the Reports and Remittances Article.

Appears in 1 contract

Samples: Interests and Liabilities Agreement (Scpie Holdings Inc)

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