Termination by Reinsurer. The Reinsurer has the right to terminate this agreement with respect to new business at any time by giving forty-five (45) days written notice to the Company.
Termination by Reinsurer. In the event of a material breach by the Cedant of its obligations under this Agreement to pay any amounts due hereunder, which payment obligations are not being reasonably contested by the Cedant, and such breach has not been cured within [*] after the Cedant receives written notice thereof from the Reinsurer, the Reinsurer may terminate this Agreement by providing to the Cedant at least [*] prior written notice thereof (a “Reinsurer Termination”). In the event of a Reinsurer Termination, the terminal accounting with respect thereto shall be as set forth in Article XII mutatis mutandis, with the effective date of termination deemed the Recapture Date.
Termination by Reinsurer. Reinsurer may terminate this Agreement:
Termination by Reinsurer. If the Ceding Company fails to pay the undisputed Reinsurance Premiums or any other undisputed amounts due to the Reinsurer pursuant to this Agreement, within sixty (60) calendar days after the end of any Accounting Period, the Reinsurer may, in addition and without limitation to any other right or remedy of the Reinsurer under this Agreement, terminate this Agreement subject to thirty (30) calendar days prior written notice to the Ceding Company during which time the Ceding Company may make such a required payment. If the Ceding Company makes full payment of the undisputed Reinsurance Premiums or other undisputed amounts due within the thirty (30) calendar day notice period, the termination notice shall be deemed withdrawn. Termination under this Paragraph 3 shall be deemed a recapture by the Ceding Company and the Ceding Company shall pay a Recapture Fee as set forth in Paragraph 6 below. If there is a recapture under this Paragraph 3, and only if the Ceding Company is deemed to be Insolvent, as defined in Article XX, Xxxxxxxxx 0, at the time it fails to pay such Reinsurance Premium or other amounts due, the Ceding Company will not be required to pay a Recapture Fee, and the Coinsurance Reserve at the time of recapture as calculated by the Ceding Company under Article IV will be due to the Ceding Company and any Reserve Credit Trust Assets and/or amounts of Letters of Credit may be withdrawn by the Ceding Company, less any amounts already held by the Ceding Company in the Segregated Account, to satisfy such amount due to the Ceding Company.
Termination by Reinsurer i. If the Ceding Company fails to pay the Reinsurance Premiums or any other amounts due to the Reinsurer pursuant to this Agreement within ten calendar (10) days following the due date as described in Article VI, Paragraph 3, the Reinsurer may, in addition and without limitation to any other right or remedy of the Reinsurer under this Agreement, terminate this Agreement subject to fifteen (15) days prior written notice to the Ceding Company during which time the Ceding Company may make such a required payment. If the Ceding Company makes full payment of the Reinsurance Premiums or other amounts due within the fifteen calendar (15) day notice period, the termination notice shall be deemed withdrawn. Termination under this Paragraph 3.A.(i) shall be treated as a recapture for purposes of Article VII, Paragraph 4.
Termination by Reinsurer. Reinsurer may terminate this New York Reinsurance Agreement upon giving thirty (30) calendar days’ prior written notice to New York Ceding Company for non-payment of amounts due by New York Ceding Company to Reinsurer under this New York Reinsurance Agreement (provided that the amounts due are not de minimis), unless the unpaid amounts are the subject of a good-faith dispute, if full payment of such amounts is not made within such period.
Termination by Reinsurer. Reinsurer may terminate this Reinsurance Agreement upon giving thirty (30) calendar days’ prior written notice to Ceding Company for non-payment of amounts due by Ceding Company to Reinsurer under this Reinsurance Agreement (provided that the amounts due are not de minimis), unless the unpaid amounts are the subject of a good-faith dispute, if full payment of such amounts is not made within such period. Section 9.3
Termination by Reinsurer i. If the Ceding Company fails to pay the Reinsurance Premiums or any other amounts due to the Reinsurer pursuant to this Agreement within [REDACTED] following the due date as described in Article VI, Paragraph 3, the Reinsurer may, in addition and without limitation to any other right or remedy of the Reinsurer under this Agreement, terminate this Agreement subject to [REDACTED]days prior written notice to the Ceding Company during which time the Ceding Company may make such a required payment. If the Ceding Company makes full payment of the Reinsurance Premiums or other amounts due within the [REDACTED]notice period, the termination notice shall be deemed withdrawn. Termination under this Paragraph 3.A.(i) shall be treated as a recapture for purposes of Article VII, Paragraph 4.
Termination by Reinsurer. Section 9.3
Termination by Reinsurer. The Reinsurer may, in its sole discretion, terminate this Agreement as to the reinsurance of new policies by providing thirty (30) calendar days prior written notice to the Ceding Company. All then in force Reinsured Policies will remain Reinsured Policies until the expiration thereof. During the thirty (30) calendar day notification period, the Ceding Company will continue to cede and the Reinsurer will continue to accept policies covered under the terms of this Agreement.
