Common use of Reinsurance Matters Clause in Contracts

Reinsurance Matters. (i) All reinsurance and retrocession treaties and agreements in force as of the date of this Agreement to which the Company or any of its subsidiaries is a ceding party, (ii) any terminated or expired reinsurance or retrocession treaty or agreement of the Company or any of its subsidiaries under which there remains any material outstanding reserves or unexpired coverage and (iii) any reinsurance or retrocession treaty or agreement between the Company and/or any of its subsidiaries on one hand, and any affiliate of the Company, on the other hand (collectively, the “Ceded Reinsurance Agreements”) are in full force and effect, and neither the Company nor any subsidiary, as applicable, is in default in any material respect as to any provision of any Ceded Reinsurance Agreement, there is no pending or, to the Company’s knowledge, threatened dispute between the Company or any subsidiary, on one hand, and any reinsurer under any such treaty or agreement, on the other hand, and, to the Company’s knowledge, no party to any Ceded Reinsurance Agreement is impaired such that a default thereunder would reasonably be expected.

Appears in 2 contracts

Samples: Dealer Manager Agreement (Conifer Holdings, Inc.), Placement Agent Agreement (Conifer Holdings, Inc.)

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Reinsurance Matters. (iA) All reinsurance and retrocession treaties and agreements in force as of the date of this Agreement to which the Company or any of its subsidiaries Subsidiaries is a ceding party, (iiB) any terminated or expired reinsurance or retrocession treaty or agreement of the Company or any of its subsidiaries the Subsidiaries under which there remains any material outstanding reserves or unexpired coverage and (iiiC) any reinsurance or retrocession treaty or agreement between the Company and/or any of its subsidiaries the Subsidiaries on one hand, and any affiliate of the Company, on the other hand (collectively, the “Ceded Reinsurance Agreements”) are in full force and effect, and neither the Company nor any subsidiarySubsidiary, as applicable, is in default in any material respect as to any provision of any Ceded Reinsurance Agreement, there is no pending or, to the Company’s knowledge, threatened dispute between the Company or any subsidiarySubsidiary, on one hand, and any reinsurer under any such treaty or agreement, on the other hand, and, to the Company’s knowledge, no party to any Ceded Reinsurance Agreement is impaired such that a default thereunder would reasonably be expected.

Appears in 1 contract

Samples: Underwriting Agreement (Conifer Holdings, Inc.)

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Reinsurance Matters. (iA) All reinsurance and retrocession treaties and agreements in force as of the date of this Agreement to which the Company or any of its subsidiaries Subsidiaries is a ceding party, (iiB) any terminated or expired reinsurance or retrocession treaty or agreement of the Company or any of its subsidiaries the Subsidiaries under which there remains any material outstanding reserves or unexpired coverage and (iiiC) any reinsurance or retrocession treaty or agreement between the Company and/or any of its subsidiaries the Subsidiaries on one hand, and any affiliate of the Company, on the other hand (collectively, the “Ceded Reinsurance Agreements”) are in full force and effect, and neither the Company nor any subsidiarySubsidiary, as applicable, is in default in any material respect as to any provision of any Ceded Reinsurance Agreement, there is no pending or, to the Company’s knowledge, threatened dispute between the Company or any subsidiarySubsidiary, on one hand, and any reinsurer under any such treaty or agreement, on the other hand, and, to the Company’s knowledge, no party to any Ceded Reinsurance Agreement is impaired such that a default thereunder would reasonably be expected.. (xlix)

Appears in 1 contract

Samples: Conifer Holdings, Inc.

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