Examples of Reinsurer in a sentence
The Reinsurer shall be subrogated, as respects any loss for which the Reinsurer shall actually pay or become liable, but only to the extent of the amount of payment by or the amount of liability to the Reinsurer, to all the rights of the Company against any person or other entity who may be legally responsible in damages for such loss.
This Agreement is solely between the Company and the Reinsurer, and nothing contained in this Agreement shall create any obligations or establish any rights against the Company or the Reinsurer in favor of any person or entity not a Party hereto.
Any such notice or other communication will be deemed given upon actual delivery, in each ease to the following addresses: If to the Reinsurer: Xxxx Xxxxx [Title] Rural Mutual Insurance Company 0000 Xxxx X Xxxxxxx Drive, Suite 200 Madison, WI 53717 PO Box 5555 Madison, WI 53705 xxxxxx@xxxxxxxx.xxx If to the Company: [Name] [Title] Badger Mutual Insurance Company 0000 X.
Schedule 4.11 lists each (A) reinsurer’s consent under the terms of any Reinsurance Contract necessary as a result of the Transactions, and shall identify the applicable Reinsurance Contract (“Specified Reinsurer Consents”) and (B) third party consent under the terms any Material Contract necessary as a result of the Transactions, and shall identify the applicable Material Contract (“Material Contract Consents”).
In the event that Company refuses to enforce such rights in a claim where Xxxxxxxxx issued a claim payment, Company shall notify Reinsurer within 30 days of the applicable statute of limitations to enable Reinsurer to enforce such rights if it so desires.