Common use of CLASSES OF BUSINESS COVERED Clause in Contracts

CLASSES OF BUSINESS COVERED. A. By this Agreement and subject to the terms and conditions set forth below, the Reinsurer agrees to indemnify the Company for the Company's Uncollectible Reinsurance Recoverables, as defined herein, with regard to business reinsured by or through MUF respecting Direct Excess Business and Gibraltar-Sourced Business, as defined herein.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Everest Re Group LTD), Quota Share Reinsurance Agreement (Everest Re Group LTD), Stock Purchase Agreement (Everest Reinsurance Holdings Inc)

AutoNDA by SimpleDocs

CLASSES OF BUSINESS COVERED. A. By this Agreement and subject to the terms and conditions set forth below, the Reinsurer Indemnitor agrees to indemnify the Company for the Company's Uncollectible Reinsurance Recoverables, as defined herein, with regard to business reinsured by or through MUF respecting Direct Excess Business and Gibraltar-Sourced Business, as defined herein.

Appears in 1 contract

Samples: Stock Purchase Agreement (Everest Re Group LTD)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!