Reinsurer definition
Examples of Reinsurer in a sentence
Buyer and Reinsurer shall have performed in all material respects all obligations required to be performed by them under this Agreement at or prior to the Closing.
There is no Action pending or, to Reinsurer’s knowledge, threatened against Reinsurer that would reasonably be expected to materially impede Reinsurer’s ability to consummate the Transaction or perform its material obligations hereunder.
The Parties agree that such payments are not a loan or an advance and shall not be repayable by the Company to the Reinsurer but shall be treated as a funding contribution made in consideration for the overall economic benefits accruing to the Reinsurer under the Transaction Documents.
True and complete copies of each written Material Contract have been provided to Buyer and Reinsurer.
The aggregate amount of all Losses for which Reinsurer shall be liable pursuant to Section 10.4(a) shall not exceed US$3,300,000.