Common use of Continuing Obligation of the Grantor Clause in Contracts

Continuing Obligation of the Grantor. (a) The segregated trust account maintained by the Trustee with account number 00000000 (which shall be hereinafter referred to, including all successor accounts thereto, as the “Trust Account”) shall continue in existence upon the occurrence of a Reinsurance Credit Event with a single Beneficiary and the substitution of Assets as required under Section 3.1 of this Trust Agreement. (b) The Grantor shall ensure that the Trust Account shall hold Permitted Investments at all times with a fair market value of no less than 100% of the Required Amount, as determined in accordance with Section 7.6 of this Trust Agreement.

Continuing Obligation of the Grantor. (a) The segregated trust account maintained by the Trustee with account number 00000000 (which shall be hereinafter referred to, including all successor accounts thereto, as the “Trust Account”) shall continue in existence upon the occurrence of a Reinsurance Credit Event with a single Beneficiary and the substitution of Assets as required under Section 3.1 of this Trust Agreement. (b) The Grantor shall ensure that the Trust Account shall hold Permitted Investments at all times with a fair market value of no less than 100% of the Required Amount, as determined in accordance with Section 7.6 7.7 of this Trust Agreement.

Continuing Obligation of the Grantor. (a) The segregated trust account maintained by the Trustee with account number 00000000 [·] (which shall be hereinafter referred to, including all successor accounts thereto, as the “Trust Account”) shall continue in existence upon the occurrence of a Reinsurance Credit Event with a single Beneficiary and the substitution of Assets as required under Section 3.1 2.1(b) of this Trust Agreement. (b) The Grantor shall ensure that the Trust Account shall hold Permitted Investments RCE Eligible Assets at all times with a fair market value Fair Market Value of no less than 100% of the Required RCE Funding Amount, as determined in accordance with Section 7.6 4.2 of this Trust Agreement.

Continuing Obligation of the Grantor. (a) The segregated trust account maintained by the Trustee with account number 00000000 (which shall be hereinafter referred to, including all successor accounts thereto, as the “Trust Account”) shall continue in existence upon the occurrence of a Reinsurance Retrocession Credit Event with a single Beneficiary and the substitution of Assets as required under Section 3.1 of this Trust Agreement. (b) The Grantor shall ensure that the Trust Account shall hold Permitted Investments at all times with a fair market value of no less than 100% of the Required Amount, as determined in accordance with Section 7.6 of this Trust Agreement.