Common use of Credit for Ceded Reinsurance Clause in Contracts

Credit for Ceded Reinsurance. Reinsurer shall take at its own expense all actions, and maintain all licenses, permits and authorizations, as are necessary in order for Cedent to receive credit for reinsurance ceded hereunder as reported in Cedent's financial statements.

Appears in 2 contracts

Samples: Asset Transfer and Acquisition Agreement (Lincoln National Corp), Asset Transfer and Acquisition Agreement (Lincoln National Corp)

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Credit for Ceded Reinsurance. Reinsurer shall take at its own expense all actions, and maintain all licenses, permits and authorizations, as are necessary in order for Cedent to receive credit for reinsurance ceded hereunder as reported in Cedent's ’s financial statements.

Appears in 1 contract

Samples: Indemnity Reinsurance Agreement (Lincoln National Corp)

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Credit for Ceded Reinsurance. Reinsurer shall take at its own expense all actions, and maintain all licenses, permits and authorizations, as are necessary in order for Cedent to receive credit for reinsurance ceded hereunder as reported in Cedent's ’s financial statements. Section 14.

Appears in 1 contract

Samples: Indemnity Reinsurance Agreement

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