Cut-Through Endorsement definition
Examples of Cut-Through Endorsement in a sentence
Except as provided in Section 11.1, nothing contained herein shall be deemed to confer upon any other Person any right or remedy under or by reason of this Agreement (other than pursuant to a Cut-Through Endorsement).
The Ceding Company shall be entitled to issue a Cut-Through Endorsement (i) on or after the Effective Time, as to each Subject Policy and (ii) following the end of the UPR Review Period, as to each Existing Contract with respect to Losses occurring after the Effective Time.
By: Name: Title: [REINSURER] By: Name: Title: [insert date] [insert name and address of Reinsurer] Re: Cut-Through Endorsement to the Reinsurance Agreement between Westchester Fire Insurance Company (the “Company”) and [insert name of reinsurer] (the “Reinsurer”) dated as of [insert date] in respect of the Residual Value Insurance Policy issued by the Company to Chase Manhattan Automotive Finance Corporation (the “Insured”) with an effective date of December 31, 2000 (the “Policy”).