*Continuous Contract. This XOL Agreement is continuous until canceled by mutual agreement of the parties, but may be terminated by either party as of the end of any calendar year upon ninety (90) days prior written notice. Upon termination or cancellation of this XOL Agreement, EMCC shall promptly notify the Iowa Insurance Division.
Appears in 2 contracts
Sources: Excess of Loss Reinsurance Agreement (Emc Insurance Group Inc), Excess of Loss Reinsurance Agreement (Emc Insurance Group Inc)