Outward Reinsurance Agreements definition

Outward Reinsurance Agreements means (a) all reinsurance agreements with third-party reinsurers, which are assigned to the Administrator by the Company pursuant to the terms and conditions of the Asset Purchase Agreement and (b) any reinsurance agreements under which the Administrator retrocedes liabilities with respect to the Policies and Post-Closing Policies to reinsurers (whether or not affiliated with the Administrator) from and after the Effective Date.

Outward Reinsurance Agreements shall have the meaning set forth in Section 3.25(b) hereof.

Outward Reinsurance Agreements means all voluntary or involuntary third-party ceded reinsurance and retrocession treaties, facultative placements, and agreements or other contracts of ceded reinsurance in-force and relating to the Business as of the date of the Master Agreement to which any OneBeacon

Examples of Outward Reinsurance Agreements in a sentence

• All Outward Reinsurance Agreements are in full force and effect to the respective dates noted on such Schedule, and no Seller or Parent is in default in any respect as to any provision of any Outward Reinsurance Agreements or has failed to meet the underwriting standards required for any business reinsurance thereunder.

• Except as set forth on Schedule 4.24, no Outward Reinsurance Agreements contains any provision providing that the other party thereto may terminate such agreement by reason of the transactions contemplated by this Agreement.

• I considered in Section E above whether I had the power to make an order under section 112(1)(d) FSMA giving effect to the conversion of the Existing Outward Reinsurance Agreements into Retrocessional Agreements.

• Such calculation will be made based on the financial information as of the Calculation Date for the Remaining Outward Reinsurance Agreements.

• In addition to, or instead of, being invested in the SLAL Linked Funds, some property-linked SLAL Policies can be invested, through those SLAL Outward Reinsurance Agreements, in the funds of the reinsurers.

• All Outward Reinsurance Agreements: (a) are legal, valid, binding and in full force and effect; (b) are enforceable against the Seller, and, to the Seller's knowledge, each other party thereto, in accordance with their respective terms; (c) conform in all material respects to all Applicable Laws; and (d) reinsure Reinstated Policies in accordance with the Seller's customary reinstatement practices and the terms of the relevant Policies.

• Some of the SLAL Outward Reinsurance Agreements are External Fund Links, as explained at Statement25.5.

• SCHEDULE 3.20 sets forth a true and complete list of all Outward Reinsurance Agreements, the effective date of each Outward Reinsurance Agreement, and the termination date of each Outward Reinsurance Agreement which has a definite termination date.

• Section 2.14.2 of the Seller's Disclosure Schedule lists all Inward Reinsurance Agreements pursuant to which the Seller reinsures or assumes or has any obligation to reinsure or assume risks of Policies issued or retroceded by reinsurers under the Outward Reinsurance Agreements.

• The Seller will use its commercially reasonable efforts to effect the assignment(s) or substitution of all Remaining Outward Reinsurance Agreements within 90 days after the Closing Date.

More Definitions of Outward Reinsurance Agreements

Outward Reinsurance Agreements means all voluntary or involuntary third-party ceded reinsurance and retrocession treaties, facultative placements, and agreements or other contracts of ceded reinsurance in-force and relating to the Business as of the date of the Master Agreement to which any OneBeacon Insurer is a party, all of which agreements are set forth in SCHEDULE 3.20 of the Master Agreement.

Outward Reinsurance Agreements means all third party reinsurance agreements inuring to the benefit of Sellers with respect to or covering any portion of the liabilities under any of the Coinsured Contracts.

Outward Reinsurance Agreements means any binder, contract, agreement, treaty, certificate, retrocession, understanding or other instrument of reinsurance ceded by the Seller, other than the Assumption Reinsurance Agreements or the Indemnity Reinsurance Agreements, in respect of any Reinsured Policy.