Quota Share Reinsurance Agreements definition

Quota Share Reinsurance Agreements means, collectively, the RIC Quota Share Reinsurance Agreement, the RSLIC Quota Share Reinsurance Agreement and the Landmark Quota Share Reinsurance Agreement, as such terms are defined in the Acquisition Agreement.
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Quota Share Reinsurance Agreements shall have the meaning ascribed to such term in the Preamble.
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Quota Share Reinsurance Agreements has the meaning set forth in Section 5.24(a).
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Examples of Quota Share Reinsurance Agreements in a sentence

  • Certain capitalized terms used but not defined in this Assignment Agreement shall have the meanings ascribed to such terms in the respective Quota Share Reinsurance Agreements or the Trust Agreement.

  • Notwithstanding anything to the contrary contained in this Assignment Agreement, nothing contained herein shall be deemed to limit, restrict or modify in any manner the rights and obligations of the parties under the Quota Share Reinsurance Agreements, the Administrative Services Agreements or the Trust Agreement.

  • In case of any conflict between this Assignment Agreement and (a) the Quota Share Reinsurance Agreements, (b) the Administrative Services Agreements, (c) the Trust Agreement, (d) any other Ancillary Agreement, or (e) the Acquisition Agreement, the Quota Share Reinsurance Agreements, the Administrative Services Agreements, the Trust Agreement, the other Ancillary Agreements or the Acquisition Agreement shall govern.

  • Any right of action hereunder or any dispute between or among the parties hereto arising out of, or relating to the formation, interpretation, performance, or breach of this Agreement, whether such dispute arises before or after termination of this Agreement, shall be submitted to arbitration in accordance with the terms and procedures of Article XI of the Quota Share Reinsurance Agreements.

  • Purchaser and each of the Seller Insurer Parties shall execute and deliver to each other Quota Share Reinsurance Agreements, in the form of Exhibit E hereto, which shall be effective as of the Closing Date.

  • Purchaser agrees it shall cause AIHL Insurance Co. to use its best efforts to obtain all necessary policy form, rate and rule filings as soon as practicable after the Effective Date (as such term is defined in the Quota Share Reinsurance Agreements) and in any event by the first anniversary of the Effective Date.

  • All liability assumed under Quota Share Reinsurance Agreements from Superior Insurance Company and its wholly-owned insurance subsidiaries and Pafco General Insurance Company effective January 1, 2000.

  • Claim payments approximating $1,250,000 have been disbursed from the account established by the Company under the name "Mutual Service Casualty Insurance account" (the "Account"), but such amount has not been recovered from a reinsurer, Reliance Insurance Company ("Reliance"), in accordance with the terms of the Quota Share Reinsurance Agreements (the "Agreement") between MSCIC and Reliance.

  • The Commission Schedule may be based upon certain terms and conditions of the Quota Share Reinsurance Agreements and Excess of Loss Reinsurance Agreements.

  • At the Closing, Purchaser shall cause AIHL Insurance Co. to conditionally assign to the Trust Account established under the Quota Share Reinsurance Agreements all AIHL reinsurance recoverables relating to the catastrophe excess of loss reinsurance purchased by AIHL Insurance Co. and its Affiliates with respect to the Reinsured Contracts.


More Definitions of Quota Share Reinsurance Agreements

Quota Share Reinsurance Agreements means the Quota Share Reinsurance Agreements by and between each of the Seller Insurer Parties and Purchaser in the form attached hereto as Exhibit E.
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Related to Quota Share Reinsurance Agreements

  • Reinsurance Agreements means any agreement, contract, treaty, certificate or other arrangement by which any Insurance Subsidiary agrees to transfer or cede to another insurer all or part of the liability assumed or assets held by it under one or more insurance, annuity, reinsurance or retrocession policies, agreements, contracts, treaties, certificates or similar arrangements. Reinsurance Agreements shall include, but not be limited to, any agreement, contract, treaty, certificate or other arrangement that is treated as such by the applicable Department.

  • Reinsurance Agreement means any agreement, contract, treaty or other arrangement whereby one or more insurers, as reinsurers, assume liabilities under insurance policies or agreements issued by another insurance or reinsurance company or companies.

  • Reinsurance means the activity consisting in accepting risks ceded by an insurance undertaking or by another reinsurance undertaking or, in the case of the association of underwriters known as Lloyd's, the activity consisting in accepting risks, ceded by any member of Lloyd's, by an insurance or reinsurance undertaking other than the association of underwriters known as Lloyd's;

  • Retrocession Agreement means any agreement, contract, treaty or other arrangement whereby one or more insurers or reinsurers, as retrocessionaires, assume liabilities of reinsurers under a Reinsurance Agreement or other retrocessionaires under another Retrocession Agreement.

  • Insurance Agreement means the insurance and indemnity agreement identified in the Adoption Annex.

  • Insurance Contracts means the insurance or annuity policies and contracts, together with all binders, slips, certificates, endorsements and riders thereto, issued or entered into by any Insurance Company prior to the Closing.

  • Insurance Contract means a contract (other than an Annuity Contract) under which the issuer agrees to pay an amount upon the occurrence of a specified contingency involving mortality, morbidity, accident, liability, or property risk.

  • Settlement Agreements means any settlement reached in the U.S. Litigation with any of the Settling Defendants.

  • FHA Mortgage Insurance Contract means the contractual obligation of the FHA respecting the insurance of a Mortgage Loan.

  • Data Sharing Agreement A formal agreement that documents what data is being shared and how the data can be used between the Parties. ‘‘Data Sharing Code of Practice” the code of practice issued by the Information Commissioner in respect to the sharing of personal data.

  • Ceding Commission shall have the meaning specified in Section 5.2.

  • Ceding Company has the meaning set forth in the preamble.

  • Insurance Assignment means the valid and effective first legal assignment of the Insurances (together with the notice thereof), to be executed by the Borrower in respect of the Vessel in favour of the Trustee, such assignment and notice to be in the form and on the terms and conditions required by the Agent and the Hermes Agent and agreed on the signing hereof and as specified in paragraph 42 of Schedule 4;

  • VIE Agreements means the Exclusive Service Agreement, the Exclusive Call Option Agreement, the Shareholder Voting Rights Proxy Agreement and the Equity Pledge Agreement entered into by and among some or all of the Parties hereto on the same day this agreement is entered, including any supplemental agreements or amendments to such agreements, and any other agreements, contracts or legal documents executed or issued by one or more Parties and/or Party C’s affiliated enterprises from time to time to ensure the performance of the aforesaid agreements, signed or accepted by Party A in writing.

  • quota means the number calculated in accordance with rule STV46,

  • Charter Agreement means an agreement made in accordance with Section 53G-5-303 that authorizes the operation of a charter school.

  • Tax Indemnity Agreement means the Tax Indemnity Agreement, dated as of even date with the Participation Agreement, between Lessee and Owner Participant.

  • Reinsurance intermediary means a reinsurance intermediary-broker or a reinsurance intermediary-manager.

  • Tax Sharing Agreements means all existing agreements or arrangements (whether or not written) binding the Company or any of its Subsidiaries that provide for the allocation, apportionment, sharing or assignment of any Tax liability or benefit, or the transfer or assignment of income, revenues, receipts, or gains for the purpose of determining any Person’s Tax liability.

  • variable insurance contract means a contract of life insurance under which the interest of the purchaser is valued for purposes of conversion or surrender by reference to the value of a proportionate interest in a specified portfolio of assets.

  • Existing Management Agreement means that certain management agreement between the Seller and the Existing Manager for the operation and management of the Hotel.

  • Insurance Companies means the companies with whom the Insurance Policies are held.