SPECIAL ACCEPTANCE. Business that is not within the scope of this Contract may be submitted to the Reinsurer for special acceptance hereunder, and such business, if accepted by the Reinsurer shall be covered hereunder, subject to the terms and conditions of this Contract, except as modified by the special acceptance. The Reinsurer shall be deemed to have accepted a risk, if it has not responded within three days after receiving the underwriting information on such risk. Any renewal of a special acceptance agreed to for a predecessor contract to this Contract shall automatically be covered hereunder.
SPECIAL ACCEPTANCE. Risks which are beyond the terms, conditions or limitations of this Agreement may be submitted to the Reinsurer for special acceptance hereunder; and such risks, if accepted in writing by the Reinsurer, shall be subject to all of the terms, conditions and limitations of this Agreement, except as modified by the special acceptance. Premiums and losses derived from any special acceptance shall be included with other data for rating purposes under this Agreement.
SPECIAL ACCEPTANCE. From time to time the Company may request a special acceptance applicable to this Contract. For purposes of this Contract, in the event each subscribing reinsurer whose share in the interests and liabilities of the Reinsurer is 20% or greater agree to a special acceptance, such agreement shall be binding on all subscribing reinsurers. If such agreement is not achieved, such special acceptance shall be made to this Contract only with respect to the interests and liabilities of each subscribing reinsurer who agrees to the special acceptance. Should denial for special acceptance not be received within 3 working days of said request, the special acceptance shall be deemed automatically agreed. In the event a reinsurer becomes a party to this Contract subsequenst to one or more special acceptances hereunder, the new reinsurer shall automatically accept such special acceptance(s) as being covered hereunder.
SPECIAL ACCEPTANCE. Policies which are beyond the terms, conditions or limitations of this Agreement may be submitted to the Reinsurer for special acceptance hereunder; and such Policies, if accepted in writing by the Reinsurer, shall be subject to all of the terms, conditions and limitations of this Agreement, except as modified by the special acceptance. Premiums and losses derived from any special acceptance shall be included with other data for rating purposes under this Agreement.
SPECIAL ACCEPTANCE. Business that is not within the scope of this Contract may be submitted to Hannover Xxxx XX (the “Lead Reinsurer”) for special acceptance hereunder, and such business, if accepted by the Lead Reinsurer shall be covered hereunder, subject to the terms and conditions of this Contract, except as modified by the special acceptance. Any special acceptance agreed to by the Lead Reinsurer shall be binding on all Subscribing Reinsurers hereon. The Lead Reinsurer shall be deemed to have accepted a risk, if it has not responded within three business days after receiving the underwriting information on such risk. Any renewal of a special acceptance agreed to for a predecessor contract to this Contract shall automatically be covered hereunder.
SPECIAL ACCEPTANCE. Notwithstanding the foregoing, Acceptance of the following Products shall occur upon delivery of the Product to BTE’s location: [**] provided that Vendor shall replace any such new Product that BTE finds does not work on initial turn up (“DOA”) within [**] of BTE’s notice to Vendor of such DOA event; provided, that such [**] replacement shall only apply to Product that is tested and found to be DOA within [**] of the delivery date for such Product and BTE reports the DOA to Vendor. Vendor shall be responsible for all shipping and related costs associated with the substitution of new Product for DOAs.
SPECIAL ACCEPTANCE. Business not within the terms and conditions of this Agreement may be submitted to the REINSURER for special acceptance and, if accepted by the REINSURER, shall be subject to all of the terms and conditions of this Agreement except as modified by the special acceptance.
SPECIAL ACCEPTANCE. A. Business that is not within the scope of this Contract may be submitted to Swiss Re Life and Health America Inc. (the “Lead Reinsurer”) for special acceptance hereunder, and such business, if accepted by the Lead Reinsurer shall be covered hereunder, subject to the terms and conditions of this Contract, except as modified by the special acceptance.
B. Notwithstanding the provisions of paragraph A above, the Company will submit any New Accounts which fall into any of the following categories to the Lead Reinsurer for prior approval:
1. Any Policy which exceeds the automatic reinsurance binding limits shown on the attached Exhibit II.
2. Any of the following industries:
a. Mining, except white collar personnel (SIC 1011-1099, 1200-1241);
b. Sports Teams, except front office personnel (SIC 794-7941, 7997);
c. Airlines, except ground personnel (SIC 45-4581);
d. Oil & Gas exploration, production or refining, except white collar personnel
e. Chemical Processing, except white collar personnel (SIC 28, 281-2824, 284- 2899, except for 283-2836, Drug Manufacturing).
3. Any Policy without an actively-at-work provision and New Accounts which cover in- force retired lives, disabled lives and/or ported lives, where any current retired lives, disabled lives and/or ported lives would be insured for life insurance amounts in excess of $2,500,000.
C. The Company will submit underwriting information to the Lead Reinsurer for any special acceptance as outlined above. The Lead Reinsurer shall be deemed to have accepted a risk or New Account if it has not responded within two business days after the Lead Reinsurer has received the underwriting information for the risk or New Account. All other Subscribing Reinsurers shall follow the underwriting decisions of the Lead Reinsurer. Any renewal of a special acceptance agreed to or quoted on a different basis for a predecessor contract to this Contract shall automatically be covered hereunder. Effective: January 1, 2017 U1G30006
D. In the event the Lead Reinsurer declines a Special Acceptance Policy, the Company may
E. For purposes of this Article, “New Account” means:
SPECIAL ACCEPTANCE. 11 9 Premium .....................................................................................
SPECIAL ACCEPTANCE. From time to time the Company may request a special acceptance applicable to this Contract. For purposes of this Contract, in the event each subscribing reinsurer whose share in the interests and liabilities of the Reinsurer is 20% or greater agree to a special acceptance, such agreement shall be binding on all subscribing reinsurers. If such agreement is not achieved, such special Casualty Catastrophe XOL Contract 00 00-00-00 acceptance shall be made to this Contract only with respect to the interests and liabilities of each subscribing reinsurer who agrees to the special acceptance. Should denial for special acceptance not be received within 10 working days of said request, the special acceptance shall be deemed automatically agreed. In the event a reinsurer becomes a party to this Contract subsequent to one or more special acceptances hereunder, the new reinsurer shall automatically accept such special acceptance(s) as being covered hereunder.
