Conditions to the Reinsurer’s Obligations to Close. The obligation of the Reinsurer to close the transactions contemplated under this Agreement shall be subject to the fulfillment of the following conditions, any one or more of which may be waived by the Reinsurer to the extent permitted by law:
Appears in 3 contracts
Samples: Coinsurance Agreement (HealthMarkets, Inc.), Coinsurance Reinsurance Agreement (Citizens Inc), Coinsurance Reinsurance Agreement (Citizens Inc)
Conditions to the Reinsurer’s Obligations to Close. The obligation of the Reinsurer to close the transactions contemplated under this Agreement shall be subject to the fulfillment of the following conditions, any one or more of which may be waived by the Reinsurer to the extent permitted by law:
Appears in 2 contracts
Samples: Coinsurance Agreement (Security National Financial Corp), Coinsurance Agreement (Security National Financial Corp)