Common use of Reductions, Terminations Clause in Contracts

Reductions, Terminations. Increases & Reinstatements Whenever a change is made in the status, plan, amount or other material feature of a Reinsured Policy; Generali USA will evaluate the change and, to the extent providing in this Agreement, adjust the reinsurance coverage. The Ceding Company must notify Generali USA as soon as practicable after it occurs but no later than the next scheduled report pursuant to Article VI.A above.

Reductions, Terminations. Increases & Reinstatements Whenever a change is made in the status, plan, amount or other material feature of a Reinsured Policy; Generali USA will evaluate the change and, to the extent providing in this Agreement, adjust the reinsurance coverage. The Ceding Company must notify Generali USA as soon as practicable after it occurs but no later than the next scheduled report pursuant to Article VI.A VI. A above.

Reductions, Terminations. Increases & Reinstatements Whenever a change is made in the status, plan, amount or other material feature of a Reinsured Policy; , Generali USA will evaluate will, upon receipt of notification of the change andchange, to provide adjusted reinsurance coverage in accordance with the extent providing in provisions of this Agreement, adjust the reinsurance coverage. The Ceding Company must notify Generali USA as soon as practicable after it occurs but no later than the next scheduled report pursuant to Article VI.A aboveof any such change within thirty (30) days of its effective date.