Calculation of the Funds Withheld Balance. As of the effective date of this Agreement, the Reinsured shall maintain an accounting of all amounts deducted from or added to the Funds Withheld (the “Funds Withheld Balance”) and shall report the status of the Funds Withheld Balance calculated in accordance with this provision with each quarterly accounting statement.
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Samples: www.sec.gov, Coinsurance Funds Withheld Reinsurance Agreement (Symetra Financial CORP), Coinsurance Funds Withheld Reinsurance Agreement (Symetra Financial CORP)
Calculation of the Funds Withheld Balance. As of the effective date of this Agreement, the Reinsured Company shall maintain an accounting of all amounts deducted from or added to the Funds Withheld (the “Funds Withheld Balance”) and shall report the status of the Funds Withheld Balance calculated in accordance with this provision Clause with each quarterly accounting statement.
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