Reinsurance Assumed. ARTICLE 6
Reinsurance Assumed. B. Any exclusion set forth in paragraph A (except exclusions set forth in subparagraphs 1, 2, 3, 5, 6 and 12) shall be waived automatically when, in the opinion of the Company, the exposure excluded therein is incidental to the principal exposure on the risk in question.
Reinsurance Assumed. (a) Insurance Contracts under which any of the Companies has assumed any risk included within the Business from insurers or other reinsurers (other than Affiliates of the Companies) as of the date hereof are referred to herein as the “Assumed Reinsurance Contracts.” Schedule 3.16(a) sets forth for each customer that provided an aggregate of fifty percent (50%) of the in force business based on gross premiums in the year ended December 31, 2000, each Assumed Reinsurance Contract that provides for five percent (5%), on an individual basis, and seventy-five percent (75%), on an aggregate basis, of the aggregate amount of the premiums received from such customer in the year ended December 31, 2000 (the “Material Assumed Reinsurance Contracts”). Sellers have delivered to Purchaser true and complete copies of such Material Assumed Reinsurance Contracts and all amendments thereto.
Reinsurance Assumed. (a) Insurance Contracts under which either Seller has assumed any risk included within the Business from insurers or other reinsurers as of the date hereof are referred to herein as the "Assumed Reinsurance Contracts." Schedule 3.16(a) identifies each Assumed Reinsurance Contract under which (i) more than $1,000,000,000 in face amount of new business was assumed by Sellers in 2003, or (ii) there was more than $2,000,000,000 in face amount of in force assumed business as of June 30,
Reinsurance Assumed. Coverages: Calendar Year Variable Quota
Reinsurance Assumed. 15 Section 3.17.
Reinsurance Assumed. (a) Set forth in Section 3.16(a) of the Disclosure Schedule is a list of each Assumed Reinsurance Agreement (i) that, in the reasonable opinion of Seller, constitutes 1% or more of the gross in-force face amount of reinsurance assumed pursuant to the Assumed Reinsurance Agreements on an individual basis and 90% of the gross in-force face amount of reinsurance assumed pursuant to the Assumed Reinsurance Agreements on an aggregate basis and (ii) between the Company, on the one hand, and Seller or any Affiliate of Seller, on the other hand. For each Assumed Reinsurance Agreement listed in Section 3.16(a) of the Disclosure Schedule, Section 3.16(a) of the Disclosure Schedule further includes the name of the Ceding Company, type of contract, and inception date, true and complete copies of each such Assumed Reinsurance Agreement has been made available to the Acquiror. Seller will deliver to the Acquiror at the Closing a supplement to Section 3.16(a) of the Disclosure Schedule as of a date not earlier than five (5) Business Days prior to the Closing Date showing any Assumed Reinsurance Agreements recaptured after the date hereof.
Reinsurance Assumed. (iii) Any policy issued as a replacement for an outstanding mortgage insurance policy of any entity acquired by the Reinsured.
Reinsurance Assumed
