Examples of Reinsurance Business Committee in a sentence
The quorum for the Reinsurance Business Committee is set out in the Reinsurance Business Committee Terms of Reference.
Unless the representatives agree otherwise, the Reinsurance Business Committee shall be convened within two (2) Business Days of the date of the Notice of Reinsurance Business Committee Meeting.
PLL shall have the opportunity to make representations at any meeting of the Reinsurance Business Committee as to the amount that they would consider reasonable for PLAE to pay or have paid (and PLL to reinsure) in respect of any claim under a Reinsured Policy which is notified to PLL as a Notifiable Matter.
The Reinsurance Business Committee Terms of Reference shall only be amended with the agreement of PLL, ReAssure Life Limited and PLAE.
The Reinsurance Business Committee shall be convened (as required by either party) by any representative serving notice to all other representatives of the Reinsurance Business Committee ("Notice of Reinsurance Business Committee Meeting").
The Reinsurance Business Committee will monitor and manage the ongoing operation of the fixed charge collateral.
The Reinsurance Business Committee shall be convened (as required by either Party), by any representative serving notice to all other representatives of the Reinsurance Business Committee ("Notice of Reinsurance Business Committee Meeting").
In the event the Reinsurance Business Committee is unable to resolve any disputes between representatives within 30 Business Days the dispute will be dealt with under and in accordance with Clause 28 commencing with referral to the chief executive officers in accordance with Clause 28.1.3.
The Reinsurance Business Committee will not have any powers in relation to the management of the Phoenix WPFs, but will report to the PLAE Finance Technical Committee, and Boards any actions that may be required as a result of the monitoring and review.
The Reinsurance Business Committee Terms of Reference shall only be amended with the agreement of PLL, RLL and PLAE.