OTHER REINSURANCE AGREEMENTS Sample Clauses

OTHER REINSURANCE AGREEMENTS. Star and Affiliated Companies agree that all reinsurance to be ceded to excess of loss and quota share reinsurers, excluding the parties hereto shall be ceded by and in the name of Star.
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OTHER REINSURANCE AGREEMENTS. (a) Except for this Agreement, Other Reinsurance Agreements shall inure to the sole and exclusive benefit and cost of Reinsurer. For the avoidance of doubt, the collectability of any such reinsurance or other amounts associated with the Other Reinsurance Agreements shall be at the risk and for the account of Reinsurer. Ceding Company shall reasonably cooperate with Reinsurer as may be necessary to enable Reinsurer to pursue any management and collection efforts related to the Other Reinsurance Agreements, provided, however, that such cooperation shall not require Ceding Company to incur material costs and expenses not reimbursed by Reinsurer or expose Ceding Company to additional risk or exposure in respect of the transactions contemplated by this Agreement.
OTHER REINSURANCE AGREEMENTS. Star and Affiliated Companies agree that all reinsurance to be ceded to excess of loss and quota share reinsurers, excluding the parties hereto shall be ceded by and in the name of Star. Star assumes all premium responsibilities associated with any and all unaffiliated reinsurance agreements in effect on January 1, 2005 with Ameritrust, Savers and/or Williamsburg named separately or collectively inclusive of Star. In return for the payment of such premiums Ameritrust, Williamsburg and Savers agree to assign all reinsurance recoverables under said unaffiliated reinsurance agreements to Star. ARTICLE VII ACCOUNTING Accounts, including reports for premiums and losses, and payment of losses shall be made no less frequently than on a quarterly basis, unless there is no activity during the period. The report of premiums and losses shall set forth the ceding Company's total loss and loss expense reserves on the policy obligations subject to this agreement. A ceding company may make a request at any time for immediate payment of a recovery and the funds will be made available without delay.
OTHER REINSURANCE AGREEMENTS. Star and Affiliated Companies agree that all reinsurance to be ceded to excess of loss and quota share reinsurers, excluding the parties hereto shall be ceded by and in the name of Star. Star assumes all premium responsibilities associated with any and all unaffiliated reinsurance agreements in effect on January 1, 2005 with Ameritrust, Savers and/or Williamsburg named separately or collectively inclusive of Star. In return for the payment of such premiums Ameritrust, Williamsburg and Savers agree to assign all reinsurance recoverables under said unaffiliated reinsurance agreements to Star.
OTHER REINSURANCE AGREEMENTS. Acadian hereby represents to Security National Life that there is not presently in force any other reinsurance or coinsurance agreement between Acadian and any other company, except for those reinsurance agreements listed and described on Schedule F attached hereto, nor has Acadian ceded any business to any company through any means whatsoever, except as set forth on Schedule F.

Related to OTHER REINSURANCE AGREEMENTS

  • Reinsurance Agreements Promptly, notice of any material change or modification to any Reinsurance Agreements or Surplus Relief Reinsurance Agreements whether entered into before or after the Closing Date including Reinsurance Agreements, if any, which were in a runoff mode on the Closing Date, which change or modification could have a Material Adverse Effect;

  • Other Reinsurance The Company shall be permitted to carry other reinsurance, recoveries under which shall inure solely to the benefit of the Company and be entirely disregarded in applying all of the provisions of this Contract.

  • Insurance Agreement The Trustee is authorized and directed to execute and deliver the Insurance Agreement and to perform the obligations of the Trustee thereunder.

  • Plan of Reinsurance A. Reinsurance of Life risks shall be on the risk premium basis. The risk amount on the policy reinsured shall be calculated monthly and shall be equal to the death benefit less the cash value. At the time of issue, the Ceding Company shall cede to North American Re the portion of the initial risk amount in excess of its retention. Thereafter, the Ceding Company and North American Re shall keep the same proportionate shares of the risk amount developed each month.

  • Reinsurance Reinsurance services including, but not limited to (i) agreement to reinsurance policy and/or contract wordings and endorsements to existing policies; (ii) processing of reinsurance policy cancellations, nonrenewals and endorsements and other amendatory addenda; (iii) collection of premiums due under reinsurance policies or contracts, audits and remittances; (iv) negotiation and purchase of reinsurance coverage; (v) administration of letters of credit and other arrangements for the provision of security; and (vi) administration of reinsurance contracts.

  • Letter Agreements The Company shall not take any action or omit to take any action which would cause a breach of any of the Letter Agreements executed and will not allow any amendments to, or waivers of, such Letter Agreements without the prior written consent of the Representative.

  • Insurance Contracts To the extent that any Welfare Plan is funded through the purchase of an insurance contract or is subject to any stop loss contract, the Parties shall cooperate and use their commercially reasonable efforts to replicate such insurance contracts for SpinCo or Parent as applicable (except to the extent that changes are required under applicable Law or filings by the respective insurers) and to maintain any pricing discounts or other preferential terms for both Parent and SpinCo for a reasonable term. Neither Party shall be liable for failure to obtain such insurance contracts, pricing discounts, or other preferential terms for the other Party. Each Party shall be responsible for any additional premiums, charges, or administrative fees that such Party may incur pursuant to this Section 7.06.

  • Indemnity Agreements Simultaneously with any person becoming a Designated Director, the Company shall execute and deliver to each such Designated Director an Indemnity Agreement dated the date such Designated Director becomes a director of the Company.

  • Lease Agreements 11 Section 3.15

  • Legal Agreements This Agreement constitutes and, upon due execution by the Borrower, the other Loan Documents will constitute the legal, valid and binding obligations of the Borrower, enforceable against the Borrower in accordance with their respective terms.

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