Common use of Reinsurer’s Liability Clause in Contracts

Reinsurer’s Liability. The liability of the Reinsurer under this Agreement with respect to any Policy or Post-Closing Policy will begin simultaneously with that of the Company, but not prior to the Effective Date. The Reinsurer’s liability with respect to any Policy will terminate on the earliest of: (a) the date such Policy or Post-Closing Policy is recaptured in accordance with Section 9.4; or (b) the date the Company’s liability on such Policy or Post-Closing Policy is terminated in accordance with its terms. Termination of the Reinsurer’s liability under clauses (a) and (b) herein is subject to the Company’s actual receipt of payments which discharge such liability in full in accordance with the provisions of this Agreement. In no event shall the interpretation of this Section 12.2 imply a unilateral right of the Reinsurer to terminate this Agreement.

Reinsurer’s Liability. The liability of the Reinsurer under this Agreement with respect to any Policy or Post-Closing Policy will begin simultaneously with that of the Company, but not prior to the Effective Date. The Reinsurer’s 's liability with respect to any Policy will terminate on the earliest of: (a) the date such Policy or Post-Closing Policy is recaptured in accordance with Section 9.4; or (b) the date the Company’s 's liability on such Policy or Post-Closing Policy is terminated in accordance with its terms. Termination of the Reinsurer’s 's liability under clauses (a) and (b) herein is subject to the Company’s 's actual receipt of payments which discharge such liability in full in accordance with the provisions of this Agreement. In no event shall the interpretation of this Section 12.2 imply a unilateral right of the Reinsurer to terminate this Agreement.

Reinsurer’s Liability. The liability of the Reinsurer under this Agreement with respect to any Policy or Post-Closing Policy will begin simultaneously with that of the Company, but not prior to the Effective Date. The Reinsurer’s liability with respect to any Policy will terminate on the earliest of: (a) the date such Policy or Post-Closing Policy is recaptured in accordance with Section 9.4; 9.4 or (b) the date the Company’s liability on such Policy or Post-Closing Policy is terminated in accordance with its terms. Termination of the Reinsurer’s liability under clauses (a) and (b) herein is subject to the Company’s actual receipt of payments which discharge such liability in full in accordance with the provisions of this Agreement. In no event shall the interpretation of this Section 12.2 imply a unilateral right of the Reinsurer to terminate this Agreement.

Reinsurer’s Liability. The liability of the Reinsurer under this Agreement with respect to any Policy or Post-Closing Policy will begin simultaneously with that of the Company, but not prior to the Effective Date. The Reinsurer’s 's liability with respect to any Policy will terminate on the earliest of: (a) the date such Policy or Post-Closing Policy is recaptured in accordance with Section 9.4; 9.4 or (b) the date the Company’s 's liability on such Policy or Post-Closing Policy is terminated in accordance with its terms. Termination of the Reinsurer’s 's liability under clauses (a) and (b) herein is subject to the Company’s 's actual receipt of payments which discharge such liability in full in accordance with the provisions of this Agreement. In no event shall the interpretation of this Section 12.2 imply a unilateral right of the Reinsurer to terminate this Agreement.

Reinsurer’s Liability. The liability of the Reinsurer under this Agreement with respect to any Policy or Post-Closing Policy will begin simultaneously with that of the Company, but not prior to the Effective Closing Date. The Reinsurer’s 's liability with respect to any Policy or Post-Closing Policy will terminate on the earliest of: of (a) the date such Policy or Post-Closing Policy is recaptured in accordance with Section 9.4; 9.5 or (b) the date the Company’s 's liability on such Policy or Post-Closing Policy is terminated in accordance with its terms. Termination of the Reinsurer’s 's liability under clauses (a) and (b) herein is subject to the Company’s 's actual receipt of payments which discharge such liability in full in accordance with the provisions of this Agreement. In no event shall the interpretation of this Section 12.2 imply a unilateral right of the Reinsurer to terminate this Agreement.

Reinsurer’s Liability. The liability of the Reinsurer under this Agreement with respect to any Policy or Post-Closing Policy will begin simultaneously with that of the Company, but not prior to the Effective Date. The Reinsurer’s 's liability with respect to any Policy will terminate on the earliest of: ; (a) the date such Policy or Post-Closing Policy is recaptured in accordance with Section 9.4; or (b) the date the Company’s 's liability on such Policy or Post-Closing Policy is terminated in accordance with its terms. Termination of the Reinsurer’s 's liability under clauses (a) and (b) herein is subject to the Company’s 's actual receipt of payments which discharge such liability in full in accordance with the provisions of this Agreement. In no event shall the interpretation of this Section 12.2 imply a unilateral right of the Reinsurer to terminate this Agreement.