Common use of Underwriting Documentation and Acceptance Clause in Contracts

Underwriting Documentation and Acceptance. Copies of all underwriting documentation relating to the insurability of the individual risk submitted for facultative reinsurance must be sent to the Reinsurer. After the Reinsurer has examined the underwriting documentation sent, it will promptly notify the Ceding Company of its final underwriting acceptance or its underwriting offer subject to additional requirements. The Reinsurer's final underwriting acceptance on the individual risk will automatically terminate when the first of the following situations occurs: a) The date the Reinsurer receives notice from the Ceding Company of the withdrawal of the Ceding Company's application, or b) One hundred and twenty (120) days after the Reinsurer made its acceptance or c) The date specified in the Reinsurer's approval to extend its acceptance.

Underwriting Documentation and Acceptance. Copies of all underwriting documentation relating to the insurability of the individual risk submitted for facultative reinsurance must be sent to the Reinsurer. After the Reinsurer has examined the underwriting documentation sent, it will promptly notify the Ceding Company of its final underwriting acceptance or its underwriting offer subject to additional requirements. The Reinsurer's ’s final underwriting acceptance on the individual risk will automatically terminate when the first of the following situations occurs: a) The date the Reinsurer receives notice from the Ceding Company of the withdrawal of the Ceding Company's ’s application, or b) One hundred and twenty Ninety (12090) days after the Reinsurer made its acceptance or c) The expiration date specified in the Reinsurer's approval to extend its ’s final underwriting acceptance.

Underwriting Documentation and Acceptance. Copies of all underwriting documentation relating to the insurability of the individual risk submitted for facultative reinsurance must be sent to the Reinsurer. After the Reinsurer has examined the underwriting documentation sent, it will promptly notify the Ceding Company of its final underwriting acceptance or its underwriting offer subject to additional requirements. The Reinsurer's final underwriting acceptance on the individual risk will automatically terminate when the first of the following situations occurs: a) The date the Reinsurer receives notice from the Ceding Company of the withdrawal of the Ceding Company's application, or b) One hundred and twenty Ninety (12090) days after the Reinsurer made its acceptance or c) The expiration date specified in the Reinsurer's approval to extend its final underwriting acceptance.

Underwriting Documentation and Acceptance. Copies of all underwriting documentation relating to the insurability of the individual risk submitted for facultative reinsurance must be sent to the Reinsurer. After the Reinsurer has examined the underwriting documentation sent, it will promptly notify the Ceding Company of its final underwriting acceptance or its underwriting offer subject to additional requirements. The Reinsurer's final underwriting acceptance on the individual risk will automatically terminate when the first of the following situations occurs: a) The date the Reinsurer receives notice from the Ceding Company of the withdrawal of the Ceding Company's application, or b) One hundred and twenty Ninety (12090) calendar days after the Reinsurer made its acceptance or c) The expiration date specified in the Reinsurer's approval to extend its final underwriting acceptance.