Common use of Cost to Reinstate Reinsurance Clause in Contracts

Cost to Reinstate Reinsurance. Upon reinstatement of reinsurance under this Article, the Ceding Company shall pay the Reinsurer Reinsurance Premiums in the same manner as the Ceding Company received corresponding policy charges under the policy for the period of lapse. The Reinsurer reserves the right to charge the Ceding Company interest on such Reinsurance Premiums in accordance with Section XXII.P.

Cost to Reinstate Reinsurance. Upon reinstatement of reinsurance under this Article, the Ceding Company shall pay the Reinsurer Reinsurance Premiums in the same manner as the Ceding Company received corresponding policy charges under the policy for the period of lapse. The Reinsurer reserves the right to charge the Ceding Company interest on such Reinsurance Premiums in accordance with Section XXII.P.XXII.P. The Reinsurer will have no liability for any claims incurred between the date of termination and the date of reinstatement of the reinsurance.

Cost to Reinstate Reinsurance. Upon reinstatement of reinsurance under this Article, the Ceding Company shall pay the Reinsurer Reinsurance Premiums in the same manner as the Ceding Company received corresponding policy charges under the policy for the period of lapse. Allocated Retention. Pool -- Effective 11/1/2012 Between ILA and HLIC and XXXARC The Reinsurer reserves the right to charge the Ceding Company interest on such Reinsurance Premiums in accordance with Section XXII.P.