Common use of Reinstatements Clause in Contracts

Reinstatements. If a Reinsured Policy is reinstated in accordance with its terms and the Ceding Company’s reinstatement rules as in effect on the Effective Date (a “Reinstatement”), the reinsurance of such Reinsured Policy will be restored as if no change had occurred. In such a case, the Ceding Company shall promptly pay the Reinsurer the Reinsurer’s Quota Share of the Net Premiums attributable to such Reinstatement.

Reinstatements. If a Reinsured Policy is reinstated in accordance with its terms and the Ceding Company’s 's reinstatement rules as in effect on the Effective Date (a “Reinstatement”), the reinsurance of such Reinsured Policy will be restored as if no change had occurred. In such a case, the Ceding Company shall promptly pay the Reinsurer the Reinsurer’s 's Quota Share of the Net Premiums attributable to such Reinstatement.

Reinstatements. If a any Reinsured Policy that has lapsed is subsequently reinstated in accordance with its the terms and the Ceding Company’s reinstatement rules as in effect on the Effective Date (a “Reinstatement”), the reinsurance of such Reinsured Policy will or as required by Applicable Law prior to the termination of this Agreement, the reinsurance for such Reinsured Policy under this Agreement shall be restored as if no change had occurredreinstated automatically. In such a case, The Ceding Company shall pay the Reinsurer all amounts received by the Ceding Company shall promptly pay in connection with the Reinsurer the Reinsurer’s Quota Share reinstatement of the Net Premiums attributable to such ReinstatementReinsured Policy. Section 2.8.

Reinstatements. If a Reinsured Policy is reinstated in accordance with its terms and the Ceding Company’s 's reinstatement rules as in effect on the Effective Date (a “Reinstatement”), the reinsurance of such Reinsured Policy will be restored as if no change had occurred. In such a case, the Ceding Company shall promptly pay the Reinsurer the Reinsurer’s 's Quota Share of the Net Premiums attributable to such Reinstatement.