Common use of NET RETAINED LIABILITY Clause in Contracts

NET RETAINED LIABILITY. This Contract shall apply only to that portion of any insurance or reinsurance the Company retains net for its own account, and in calculating the amount of any loss hereunder and the amount in excess of which this Contract attaches, only loss or losses with respect to that portion of any insurance or reinsurance the Company retains net for its own account shall be included. It is understood and agreed, however, that the Reinsurer's liability hereunder with respect to any loss or losses shall not be increased by reason of the inability of the Company to collect from any other reinsurers, whether specific or general, any amounts which may be due from them, whether such inability arises from the insolvency of such other reinsurers or otherwise.

NET RETAINED LIABILITY. This Contract shall apply Agreement applies only to that portion of any insurance insurances or reinsurance reinsurances covered by this Agreement which the Company retains net for its own account, and in calculating the amount of any loss hereunder and the amount in excess of which this Contract attachesLoss hereunder, only loss Loss or losses with Losses in respect to of that portion of any insurance insurances or reinsurance reinsurances which the Company retains net for its own account shall be included. It is , it being understood and agreed, however, agreed that the amount of the Reinsurer's liability hereunder with in respect to of any loss Loss or losses Losses shall not be increased by reason of the inability of the Company to collect from any other reinsurers, whether specific or general, any amounts which may be have become due from them, whether such inability arises from the insolvency of such other reinsurers or otherwise.

NET RETAINED LIABILITY. This Contract shall apply Agreement applies only to that portion of any insurance or reinsurance covered by this Agreement which the Company retains net for its own account, and in calculating the amount of any loss hereunder and also in computing the amount in excess of which this Contract Agreement attaches, only loss or losses with in respect to of that portion of any insurance insurances or reinsurance reinsurances which the Company retains net for its own account shall be included. It is understood and agreed, however, agreed that the Reinsurer's amount of the Reinsurers' liability hereunder with in respect to of any loss or losses shall not be increased by reason of the inability of the Company to collect from any other reinsurersreinsurer, whether specific or general, any amounts amount which may be have become due from them, whether such inability arises from the insolvency of such other reinsurers reinsurer or otherwise.