Third Party Reinsurance. (i) The Ceding Company shall not, without the Reinsurer’s prior approval (which approval shall not be unreasonably or arbitrarily withheld, conditioned or delayed), (A) terminate or materially modify any existing Third Party Reinsurance or (B) purchase new third party reinsurance for the Reinsured Policies.
Appears in 8 contracts
Samples: Coinsurance Agreement (Primerica, Inc.), Coinsurance Agreement (Primerica, Inc.), Coinsurance Agreement (Primerica, Inc.)
Third Party Reinsurance. (i) The Ceding Company shall not, without the Reinsurer’s 's prior approval (which approval shall not be unreasonably or arbitrarily withheld, conditioned or delayed), (A) terminate or materially modify any existing Third Party Reinsurance or (B) purchase new third party reinsurance for the Reinsured Policies.
Appears in 2 contracts
Samples: Coinsurance Agreement (Primerica, Inc.), Coinsurance Agreement (Primerica, Inc.)
