Common use of Notice of Actions Received by the Company Clause in Contracts

Notice of Actions Received by the Company. On and after the Closing Date, the Company shall promptly provide the Reinsurer with notice of the receipt by the Company of (a) any inquiry, complaint, notice or other communication, whether oral or written, from any insurance regulatory authority that is related to the Coinsured Policies or to this Agreement, the Reinsurance Agreements or the Services Agreement, including, without limitation, an alleged violation of any law, rule, regulation, bulletin or order, or a threat of any other action or proceeding against the Company or the Reinsurer; and (b) any notice, including service of process, summons or other litigation document, indicating the commencement or threatened commencement of any litigation or arbitration proceeding against the Company or the Reinsurer related to any loss arising under the Coinsured Policies or any matter contemplated under this Agreement, the Reinsurance Agreements or the Services Agreement.

Notice of Actions Received by the Company. On and after From the Closing Datedate hereof, the Company and Reinsurer shall promptly provide the Reinsurer each other with notice of the receipt by the Company of (a) any inquiry, complaint, notice or other communication, whether oral or written, from any insurance regulatory authority that is related to the Coinsured Policies or to this Agreement, the Reinsurance Agreements Agreement or the Services Agreement, including, without limitation, an alleged violation of any law, rule, regulation, bulletin or order, or a threat of any other action or proceeding against the Company or the Reinsurer; , and (b) any notice, including service of process, summons or other litigation document, indicating the commencement or threatened commencement of any litigation or arbitration proceeding against the Company or the Reinsurer related to any loss arising under the Coinsured Policies or any matter contemplated under this Agreement, the Reinsurance Agreements Agreement or the Services Agreement.