Common use of AUDIT OF RECORDS AND PROCEDURES Clause in Contracts

AUDIT OF RECORDS AND PROCEDURES. The REINSURER and the REINSURED each shall have the right to audit, at the office of the other, all records and procedures relating to reinsurance under this Agreement.

Appears in 2 contracts

Samples: Reinsurance Agreement (American Life Holding Co Inc), Reinsurance Agreement (Metropolitan Mortgage & Securities Co Inc)

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AUDIT OF RECORDS AND PROCEDURES. 1. The REINSURER and the REINSURED each shall have the right to audit, at the office of the other, all records and procedures relating to reinsurance under this Agreement.

Appears in 2 contracts

Samples: Reinsurance Agreement (Metropolitan Mortgage & Securities Co Inc), Summit Securities Inc /Id/

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AUDIT OF RECORDS AND PROCEDURES. The REINSURER and the REINSURED each shall have the right to audit, at the office of the other, all records and procedures relating to reinsurance riinsurance under this Agreement.

Appears in 1 contract

Samples: Reinsurance Agreement (Summit Securities Inc /Id/)

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