SETTLEMENT AND REPORTING. A. While this Agreement is in effect, the Ceding Company shall pay to the Reinsurer no less frequently than quarterly, with respect to the Policies, a reinsurance premium equal to the sum of Items (a), (b), (c), and (d) below, where:
SETTLEMENT AND REPORTING. 1. While this Agreement is in effect, GLENBROOK shall pay to ALLSTATE no less frequently than quarterly, with respect to eligible Policies, a reinsurance premium equal to (or the accounting equivalent of) the sum of Items (a), (b), (c), and (d) below less the sum of Items (e) and (f) below.
SETTLEMENT AND REPORTING. Cash advances must be settled within five (5) business days after returning from the pre-approved trip. Settlement consists of reporting the advance on a travel expense and deducting the advance from the final balance due.
SETTLEMENT AND REPORTING. 1. While this Agreement is in effect, LBL shall pay to ALLSTATE no less frequently than quarterly, with respect to eligible Policies, a reinsurance premium equal to (or the accounting equivalent of) the sum of Items (a), (b) and (c) below less the sum of Items (d) and (e) below.
SETTLEMENT AND REPORTING. A. On the Effective Date, the Ceding Company shall internally segment Invested Assets on behalf of the Reinsurer with a statutory book value equal to Items (a) and (b) less Items (c) and (d)
SETTLEMENT AND REPORTING. A. While this Agreement is in effect, in addition to the periodic cash transfers related to policy cash flows, a reinsurance settlement shall be payable between the Ceding Company and the Reinsurer at least each calendar quarter with respect to the Net Ceded Liabilities ("Reinsurance Settlement"). The Reinsurance Settlement shall be equal to Item (i) less the sum of Items (ii) through (iv) below.
SETTLEMENT AND REPORTING. Except as expressly set forth in this Letter of Amendment, the Agreement will remain in full force and effect in accordance with its terms. Please acknowledge your agreement to the foregoing by signing in the space provided below and returning a signed copy to me as soon as possible. If you do not agree with any of the foregoing, please contact me as soon as possible so that we can determine how best to proceed. Yours truly, Expedia, Inc. /s/ Xxxxx Xxxxxxx Xxxxx Xxxxxxx Vice President, Global Supply Operations Acknowledged and Agreed: TRX, Inc. By: /s/ Xxxxx X. Xxxxxxxx Title: CFO Date Signed: 3 March 2009 * Confidential Treatment Requested EXPEDIA CONFIDENTIAL EXHIBIT 1 MODIFIED PRICING * * Confidential Treatment Requested EXPEDIA CONFIDENTIAL EXHIBIT 2 SELECT SERVICES * * Confidential Treatment Requested EXPEDIA CONFIDENTIAL EXHIBIT 3 PROCESSES * * Confidential Treatment Requested
SETTLEMENT AND REPORTING is hereby amended to add at the end of Article 7 a new Section 7.08 as follows:
SETTLEMENT AND REPORTING. 1. While this Agreement is in effect, CEDANT shall pay to REINSURER, no less frequently than quarterly, with respect to the eligible Riders, a reinsurance premium as calculated in ARTICLE V of this Agreement.
SETTLEMENT AND REPORTING. A. Within sixty (60) days after the end of each calendar month while this Agreement is in effect, Ceding Company shall pay to Reinsurer, with respect to the Policies, a monthly reinsurance premium in accordance with Article V.
