Common use of Ceding Allowance Clause in Contracts

Ceding Allowance. On the Effective Date of this Agreement, the Reinsurer agrees to pay the Company a ceding allowance equal to ten dollars ($10.00).

Ceding Allowance. On the Effective Date of this Agreement, the Reinsurer agrees to pay the Company a ceding allowance equal to ten dollars Ten Dollars ($10.00)) in cash by certified funds or wire transfer and other good and valuable consideration.