Reserve Credit definition

Reserve Credit shall have the meaning set forth in Section 10.01.
Reserve Credit means full reserve credit for the reinsurance ceded to the Reinsurer under this Agreement in the Statutory Financial Statements required to be filed by the Company with the Commissioner of Insurance of the State of Nebraska.

Examples of Reserve Credit in a sentence

  • At all times during the term of this Agreement, the Reinsurer shall hold and maintain all licenses and authorizations required under Applicable Law and otherwise take all action that may be necessary (i) so that the Ceding Company may receive Reserve Credit, and (ii) to perform its obligations hereunder.

  • The parties will provide prompt notice of the occurrence of any Reserve Credit Event.

  • However, it is not easy for our network to directly learn the mappings between the saliency predic- tions produced by some general saliency models and the personalized ground truth.

  • The fair market value will be determined by the Trustee in accordance with the terms and conditions of the Reserve Credit Trust Agreement.

  • The Reinsurer shall promptly notify the Ceding Company of any event or change in its licensing status in the Ceding Company Domiciliary State or other conditions that would be reasonably likely to result or have resulted in any loss of, or impairment to, Reserve Credit.


More Definitions of Reserve Credit

Reserve Credit shall have the meaning specified in the Reinsurance Agreement.
Reserve Credit means full reserve credit for the reinsurance ceded to the Reinsurer under this Agreement in the Statutory Financial Statements required to be filed by the Ceding Company with the Governmental Authority charged with supervision of insurance companies in the Ceding Company Domiciliary State.
Reserve Credit means full statutory financial statement credit for the reinsurance ceded to the Reinsurer under this Agreement, in all statutory financial statements required to be filed with any governmental body charged with supervision of insurance companies in all United States jurisdictions in which the Company is licensed, authorized or accredited to transact business, and all consolidated financial statements required to be filed by the Company or its affiliates with any governmental body charged with supervision of insurance companies in Canada and its provinces.
Reserve Credit means full statutory financial statement credit for the reinsurance ceded to the Reinsurer under this Agreement in the Ceding Company’s Statutory Financial Statements required to be filed by the Ceding Company with the Governmental Authority charged with supervision of insurance companies in the Ceding Company Domiciliary State; provided, however, that the Reinsurer shall not be required to provide statutory financial statement credit for Reinsured Contracts issued outside the United States; and provided, further, that the Reinsurer’s obligation to provide statutory financial statement credit with respect to Reinsured Contracts that are structured settlement annuities shall be limited to the amount of credit calculated in accordance with Section 6(a) of Actuarial Guideline IX-B promulgated by the National Association of Insurance Commissioners.
Reserve Credit means the amount of any reserves or other funds held for the benefit of Landlord or the issuer of the Bonds and not yet credited as of Closing, including, without limitation, any debt service reserve fund included in Approved Landlord Costs.
Reserve Credit shall have the meaning specified in the Coinsurance Agreement.