Common use of Commutations Clause in Contracts

Commutations. Notwithstanding any other provision of this Administrative Services Agreement to the contrary, no Party shall have authority to commute any Third Party Reinsurance Agreements which relates to the Business Covered without the written consent of the other Party.

Appears in 2 contracts

Sources: Administrative Services Agreement (Cna Financial Corp), Master Transaction Agreement (Cna Financial Corp)