Common use of Accuracy of Books and Records Clause in Contracts

Accuracy of Books and Records. The Ceding Company maintains records relating to the Reinsured Policies and the Xxxxxx, and implements administrative and operating procedures with respect to such records, and keeps and maintains all material documents, books and records reasonably necessary for the maintenance of the Reinsured Policies and the Xxxxxx, which documents, books and records are complete and accurate in all material respects, with the utmost good faith and with the skill, diligence and expertise that would reasonably be expected from qualified personnel performing such duties in like circumstances.

Accuracy of Books and Records. The Each Ceding Company maintains records relating to the Reinsured Policies and the XxxxxxPolicies, and implements administrative and operating procedures with respect to such records, and keeps and maintains all material documents, books and records reasonably necessary for the maintenance of the Reinsured Policies and the XxxxxxPolicies, which documents, books and records are complete and accurate in all material respects, with the utmost good faith and with the skill, diligence and expertise that would reasonably be expected from qualified personnel performing such duties in like circumstances.

Accuracy of Books and Records. The Ceding Company maintains records relating to the Reinsured Policies and the XxxxxxPolicies, and implements administrative and operating procedures with respect to such records, and keeps and maintains all material documents, books and records reasonably necessary for the maintenance of the Reinsured Policies and the XxxxxxPolicies, which documents, books and records are complete and accurate in all material respects, with the utmost good faith and with the skill, diligence and expertise that would reasonably be expected from qualified personnel performing such duties in like circumstances.

Accuracy of Books and Records. The Books and Records of the Ceding Companies have been maintained in accordance with Applicable Law and the Ceding Companies’ customary business practices, including the maintenance of a commercially reasonable system of internal control. To the Knowledge of the Ceding Companies, all of the Books and Records of each Ceding Company maintains records relating to the Reinsured Policies and which will be transferred by each Ceding Company to the XxxxxxReinsurer pursuant to the terms and provisions of this Agreement are current, and implements administrative and operating procedures with respect to such records, and keeps and maintains all material documents, books and records reasonably necessary for the maintenance of the Reinsured Policies and the Xxxxxx, which documents, books and records are complete and accurate in all material respects, with the utmost good faith and with the skill, diligence and expertise that would reasonably be expected from qualified personnel performing such duties in like circumstances.