LIKE ECOMONICS Sample Clauses

LIKE ECOMONICS. The intent of the Company and the Reinsurer in entering this Agreement is to substantially replicate, for all economic purposes, a direct subscription for preferred shares of the Company by the Reinsurer. The Reinsurer’s rights and liabilities to the Company under this Agreement, (including the right to profit commission, settlement and any adjustment) under no circumstances, will be diminished or increased vis-à-vis the Reinsurer’s rights and liabilities that would attach under a putative subscription for preferred shares of the company under the terms of the sample Subscription Agreement attached hereto as Annex A.
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