The Subscribing Reinsurer definition

The Subscribing Reinsurer s share in the attached Contract shall be separate and apart from the shares of the other reinsurers, and shall not be joint with the shares of the other reinsurers, it being understood that the Subscribing Reinsurer shall in no event participate in the interests and liabilities of the other reinsurers.
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The Subscribing Reinsurer s share in the attached Contract shall be separate and apart from the shares of the other reinsurers, and shall not be joint with the shares of the other reinsurers, it being understood that the Subscribing Reinsurer shall in no event participate in the interests and liabilities of the other reinsurers. In any action, suit or proceeding to enforce the Subscribing Reinsurer's obligations under the attached Contract, service of process may be made upon Mendes & Mount, 000 Xxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000.
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The Subscribing Reinsurer s policyholders' surplus or the foreign equivalent thereto at any time after the date that lines are bound or at any time during the term of this Contract has been reduced by more than 25.0% of the amount of surplus or foreign equivalent at the date of the Subscribing Reinsurer's most recent financial statement filed with regulatory authorities and available to the public as of the date lines are bound for this Contract; or
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Examples of The Subscribing Reinsurer in a sentence

  • The Subscribing Reinsurer has become insolvent or has been placed into liquidation or receivership (whether voluntary or involuntary), or there have been instituted against it proceedings for the appointment of a receiver, liquidator, rehabilitator, conservator, trustee in bankruptcy, or other agent known by whatever name, to take possession of its assets or control of its operations.

  • The Subscribing Reinsurer has hired an unaffiliated runoff claims manager that is compensated on a contingent basis or is otherwise provided with financial incentives based on the quantum of claims paid.

  • The Subscribing Reinsurer has retroceded its entire liability under this Contract without the Company’s prior written consent, except for retrocessions to members of the Subscribing Reinsurer’s holding company group.

  • The Subscribing Reinsurer shall deposit such amount in such Trust Account within five (5) calendar days of receipt of such notice.

  • The Subscribing Reinsurer will provide (1) quarterly financial statements and (2) annual audited financial statements, which annual audited financial statements shall be prepared by an independent certified public accountant and will also notify the Company if a Termination Event has occurred within five (5) days of such occurrence.

  • The Subscribing Reinsurer has been assigned an A.M. Best’s rating of less than “A-” and/or an S&P rating of less than “BBB+.” However, as respects Underwriting Members of Lloyd’s, London, a Lloyd’s Market Rating of less than “A-” by A.M. Best and/or less than “BBB+” by S&P shall apply.

  • The Subscribing Reinsurer shall provide such documents as are necessary to authorize such transfer at the time the Asset is deposited to the Trust Account or if requested thereafter by the Trustee or the Company.

  • The Subscribing Reinsurer shall comply with all requirements necessary to give said Court jurisdiction and, in any suit instituted against any of the Subscribing Reinsurers upon this Contract, shall abide by the final decision of such Court or of any Appellate Court in the event of an appeal.

  • The Subscribing Reinsurer has in any other way assigned its interests or delegated its obligations under this Contract to an unaffiliated entity.

  • The Subscribing Reinsurer has failed to post or maintain required collateral to secure its obligations as required under this Contract, and has not cured such deficiency within 30 days following written notice thereof from the Company.


More Definitions of The Subscribing Reinsurer

The Subscribing Reinsurer has merged with or has become acquired or controlled by any company, corporation, or individual(s) not controlling the Subscribing Reinsurer’s operations at the inception of this Contract.
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The Subscribing Reinsurer s share in the attached Contract shall be separate and apart from the shares of the other reinsurers, and shall not be joint with the shares of the other reinsurers, it being understood that the Subscribing Reinsurer shall in no event participate in the interests and liabilities of the other reinsurers. In any action, suit or proceeding to enforce the Subscribing Reinsurer's obligations under the attached Contract, service of process may be made upon Mendes & Mount, 000 Xxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000. Signed for and on behalf of the Subscribing Reinsurer in the Signing Schedule attached hereto. INTERESTS AND LIABILITIES AGREEMENT of Certain Insurance Companies shown in the Signing Schedule(s) attached hereto (hereinafter referred to as the "Subscribing Reinsurer") with respect to the FIRST AND SECOND CASUALTY CATASTROPHE EXCESS OF LOSS REINSURANCE CONTRACT EFFECTIVE: JANUARY 1, 2007 issued to and duly executed by American Interstate Insurance Company DeRidder, Louisiana American Interstate Insurance Company of Texas Austin, Texas Silver Oak Casualty, Inc. DeRidder, Louisiana and any other insurance companies which are now or hereafter come under the ownership, control or management of Amerisafe Insurance Group The Subscribing Reinsurer hereby accepts the following percentage shares in the interests and liabilities of the "Reinsurer" as set forth in the attached Contract captioned above:
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The Subscribing Reinsurer s share in the attached Contract shall be separate and apart from the shares of the other reinsurers, and shall not be joint with the shares of the other reinsurers, it being understood that the Subscribing Reinsurer shall in no event participate in the interests and liabilities of the other reinsurers. In any action, suit or proceeding to enforce the Subscribing Reinsurer's obligations under the attached Contract, service of process may be made upon Mendes & Mount, 000 Xxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000. Signed for and on behalf of the Subscribing Reinsurer in the Signing Schedule attached hereto. INTERESTS AND LIABILITIES AGREEMENT of Certain Insurance Companies shown in the Signing Schedule(s) attached hereto (hereinafter referred to as the "Subscribing Reinsurer") with respect to the THIRD AND FOURTH PROPERTY EXCESS CATASTROPHE REINSURANCE CONTRACT Effective: September 1, 1996 issued to and duly executed by Mercury Casualty Company Mercury Insurance Company California Automobile Insurance Company and California General Underwriters Insurance Company, Inc. All of Los Angeles, California (hereinafter collectively referred to as the "Company") The Subscribing Reinsurer hereby accepts the following percentage shares in the interests and liabilities of the "Reinsurer" as set forth in the attached Contract captioned above: 0% of the Third Excess Catastrophe Reinsurance 10.14% of the Fourth Excess Catastrophe Reinsurance This Agreement shall become effective on September 1, 1996, and shall continue in force until August 31, 1997, both days inclusive. However, if the "Reinsurer" under the attached Contract sustains no loss from loss occurrences commencing on or prior to May 31, 1997, this Agreement shall, upon notice from the Company prior to June 30, 1997, expire on June 30, 1997. This Agreement may also be terminated by the Company in accordance with paragraph B of Article II of the Contract.
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The Subscribing Reinsurer s share in the attached Contract shall be separate and apart from the shares of the other reinsurers, and shall not be joint with the shares of the other reinsurers, it being understood that the Subscribing Reinsurer shall in no event participate in the interests and liabilities of the other reinsurers. In any action, suit or proceeding to enforce the Subscribing Reinsurer's obligations under the attached Contract, service of process may be made upon Mendes & Mount, 000 Xxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000. The following Article shall apply to the Subscribing Reinsurer's share in the attached Contract, in lieu of the provisions of Article XIX - Unauthorized Reinsurers - of the Contract:
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The Subscribing Reinsurer s policyholders' surplus subsequent to the date that lines are bound for this Contract has been reduced by more than 20.0% of the amount of surplus 12 months prior to that date; or
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The Subscribing Reinsurer s share in the attached Contract shall be separate and apart from the shares of the other reinsurers, and shall not be joint with the shares of the other reinsurers, it being understood that the Subscribing Reinsurer shall in no event participate in the interests and liabilities of the other reinsurers. In any action, suit or proceeding to enforce the Subscribing Reinsurer's obligations under the attached Contract, service of process may be made upon Mendes & Mount, 000 Xxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000. Signed for and on behalf of the Subscribing Reinsurer in the Signing Schedule(s) attached hereto. FIRST CASUALTY EXCESS OF LOSS REINSURANCE CONTRACT (AS RESPECTS HANNOVER TERMS) EFFECTIVE: JANUARY 1, 2005 issued to American Interstate Insurance Company DeRidder, Louisiana American Interstate Insurance Company of Texas Austin, Texas Silver Oak Casualty, Inc. DeRidder, Louisiana and any other insurance companies which are now or hereafter come under the ownership, control or management of Amerisafe Insurance Group TABLE OF CONTENTS FIRST CASUALTY EXCESS OF LOSS REINSURANCE CONTRACT (AS RESPECTS HANNOVER TERMS) EFFECTIVE: JANUARY 1, 2005 issued to American Interstate Insurance Company DeRidder, Louisiana American Interstate Insurance Company of Texas Austin, Texas Silver Oak Casualty, Inc. DeRidder, Louisiana and any other insurance companies which are now or hereafter come under the ownership, control or management of Amerisafe Insurance Group (hereinafter referred to collectively as the "Company") by The Subscribing Reinsurer(s) Executing the Interests and Liabilities Agreement(s) Attached Hereto (hereinafter referred to as the "Reinsurer")
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Related to The Subscribing Reinsurer

  • Reinsurer has the meaning set forth in the preamble.

  • Subscribing LEA BY:_____________________________________________________Date:______________________________

  • Reinsurers shall be understood to mean “Reinsurers”, “Underwriters” or whatever other term is used in the attached reinsurance document to designate the reinsurer or reinsurers.

  • Contractholder means any entity that is a party to a Contract with a Participating Company (as defined below).

  • Subscriber means the subscriber to the Memorandum.

  • Participating Pharmacy means a pharmacy that has entered into a prescription drug plan agreement with the Pharmacy Benefit Manager listed on your identification card.

  • DSHS means the Department of State Health Services.

  • Accountholder means any accountholder with a Clearing System which at the Determination Date has credited to its securities account with such Clearing System one or more Entries in respect of a Global Note, except for any Clearing System in its capacity as an accountholder of another Clearing System;

  • Policy Holder means the person who is a legal holder of this Policy and is named as the “Policy Holder” in the Policy Schedule.

  • The Union means USW Local 2010 representing the Bargaining Unit as defined in Article 2: “Recognition and Scope”.

  • UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (AND ANY PAYMENT HEREON IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. TRANSFERS OF THIS GLOBAL SECURITY SHALL BE LIMITED TO TRANSFERS, IN WHOLE BUT NOT IN PART, TO NOMINEES OF THE DEPOSITORY TRUST COMPANY OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR'S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL SECURITY SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN ARTICLE TWO OF THE INDENTURE REFERRED TO ON THE REVERSE HEREOF."

  • Policyholder means the adult person named in the Schedule who has concluded the Policy with the Company.

  • Ceding Company has the meaning set forth in the preamble.

  • Undersigned “COMPANY”:

  • Member insurer means any person who:

  • Subscriber Shares means the Shares which the subscribers to the Instrument of the ICAV agree to subscribe for as more particularly hereinafter set forth after their names.

  • DOI means the United States department of interior.

  • Primary Cardholder means the person who applied for a Card, whose name is on the Account and who a Card is issued to. Purchase means any Transaction other than a Cash Advance.

  • Participating Party means an enterprise or public body that has committed itself to reaching certain objectives under a voluntary agreement, or is covered by a national regulatory policy instrument;

  • Initial Authorised Participant means BNP Paribas Arbitrage S.N.C. and any successor thereto.

  • The Contractor means the individual or firm or company whether incorporate not, undertaking the works and shall include legal personal representative of individual or the composing the firm or company and the permitted assignees of individual or firms of company.

  • Settlement Administrator means the third party settlement administrator proposed by the Parties, as approved by the Court.

  • Cardholder means a person authorized to use a Card.

  • Authorised Participant Agreement means, in respect of an Authorised Participant, the authorised participant agreement (as amended, supplemented, novated and/or replaced from time to time) entered into by the Issuer and such Authorised Participant.

  • Sponsoring Broker means a Participant other than a DMA Customer that allows its designated Customers to access the SEF Platform using the Participant ID of the Participant and (i) with respect to Cleared Swaps, is a Clearing Member; and (ii) with respect to Non-Cleared Swaps, is (x) an FCM or Introducing Broker; or (y) non-U.S. Person acting in a similar capacity that is not required to register as an FCM or Introducing Broker under the Act and that is appropriately licensed in a jurisdiction where its DMA Customer is located.