Common use of FUNDING OF RESERVES Clause in Contracts

FUNDING OF RESERVES. (This Article applies to the Reinsurer who does not qualify for credit by any state or any other governmental authority having jurisdiction over the Company’s loss reserves and/or to the Reinsurer to which the provisions of the Contingent Collateral Article apply.)

Appears in 3 contracts

Samples: Surety Quota Share Treaty (Cna Surety Corp), Quota Share Treaty (Amerinst Insurance Group LTD), Value Plan Policies (Amerinst Insurance Group LTD)

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FUNDING OF RESERVES. (This Article applies to the Reinsurer who does not qualify for credit by any state or any other governmental authority having jurisdiction over the Company’s 's loss reserves and/or to the Reinsurer to which the provisions of the Contingent Collateral Article apply.)

Appears in 2 contracts

Samples: Entire Agreement (Cna Surety Corp), Entire Agreement (Cna Surety Corp)

FUNDING OF RESERVES. (This Article applies to the Reinsurer who does not qualify for credit by any state or any other governmental authority having jurisdiction over the Company’s loss reserves and/or to the Reinsurer to which the provisions of the Contingent Collateral Article applyapply should the Company exercise its option under such Article.)

Appears in 2 contracts

Samples: Surety Quota Share Treaty (Cna Surety Corp), Surety Quota Share Treaty (Cna Surety Corp)

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FUNDING OF RESERVES. (This Article applies only to the Reinsurer who does not qualify for credit by any state or any other governmental authority having jurisdiction over the Company’s loss reserves and/or to the Reinsurer to which the provisions of the Contingent Collateral Article applyapply should the Company exercise its option under such Article.)

Appears in 1 contract

Samples: Loss Reinsurance Contract (Cna Surety Corp)

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