Common use of Reporting and Settlement Clause in Contracts

Reporting and Settlement. 11.01 The Ceding Company shall provide the Reinsurer with information necessary to properly account for, report, validate and manage the Business Reinsured. Information required as specified in this Article shall be provided in a format mutually agreed upon by the Parties. 11.02 Within [REDACTED] after the close of each Accounting Period, the Ceding Company shall submit an “Accounting Report” including such items outlined in Section 11.03 in a mutually agreeable format. The Ceding Company shall provide or make available to the Reinsurer additional documentation as may be reasonably necessary to support the items reported and to manage the risk of the Business Reinsured.

Appears in 11 contracts

Samples: Reinsurance Agreement (Talcott Resolution Life & Annuity Insurance Co Separate Account One), Reinsurance Agreement (Talcott Resolution Life & Annuity Insurance Co Separate Account Ten), Reinsurance Agreement (Talcott Resolution Life & Annuity Insur Co Separate Account Three)

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