Common use of Outstanding loss reserves Clause in Contracts

Outstanding loss reserves. The positive balance of (1) less (2) less (3) plus (4) shall be remitted by the Company to the Reinsurer within 15 calendar days after the date of such report. Any balance shown to be due the Company shall be remitted by the Reinsurer within 15 calendar days after receipt of such report.

Appears in 8 contracts

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

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Outstanding loss reserves. The positive balance of (1) less (2) less plus (3) plus (4) shall be remitted by the Company to the Reinsurer within 15 calendar days after the date of such report. Any balance shown to be due the Company shall be remitted by the Reinsurer within 15 calendar days after receipt of such report.. As respects business covered under section B. of Article 1 - Business Covered:

Appears in 1 contract

Samples: Quota Share Treaty (Cna Surety Corp)

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