Premium Payments, Negotiation of Checks. (i) On and after the Coinsurance Effective Date, all premium payments, conversion charges and other consideration under the Policies received by the Ceding Company shall be the sole property of the Reinsurer, and (ii) any premium payment, conversion charge and other consideration received by the Ceding Company, to the extent such premium payment, conversion charge and other consideration covers periods on or after the Coinsurance Effective Date, shall be remitted in accordance with the Services Agreement.
Appears in 8 contracts
Samples: Indemnity Reinsurance Agreement (Universal American Corp.), Indemnity Reinsurance Agreement (Universal American Corp.), Indemnity Reinsurance Agreement (Universal American Corp.)
