Examples of Reinsurance Trust Agreement in a sentence
On or prior to the date hereof, each Subscribing Reinsurer has entered into, or shall enter into, a Master Reinsurance Trust Agreement (the "Trust Agreement") in the form attached as Exhibit C to such Subscribing Reinsurer's Interests and Liabilities Agreement.
This Contract, the Policy, the Assumption of Liability Endorsement, the Reinsurance Trust Agreement, and any other agreements referenced herein, constitute the entire agreement between the parties with respect to the business reinsured hereunder.
The Tail Loss Trust Agreement shall be in a form similar to the Reinsurance Trust Agreement with such changes as necessary to be consistent with the terms of this Article and as mutually agreed between the Parties, and shall be subject only to changes that may be requested by the Tail Loss Trustee.
For the avoidance of doubt, the Tail Loss Trust shall be in addition to and maintained apart from the Reinsurance Trust Account, which is subject to the Reinsurance Trust Agreement.
Towards that end, as of the Closing Date and at all times during the term of this Reinsurance Agreement, Reinsurer shall provide collateral and enter into the Reinsurance Trust Agreement as required by Section 4.2. (b)Reinsurer shall comply with the Florida Order as it relates to the Insurance Policies, including any applicable distribution restrictions and reserve requirements or assumptions.