Common use of Executions Clause in Contracts

Executions. Creditors attach or take possession of or distress, execution, sequestration, seizure, attachment or other equivalent or analogous process is levied or enforced upon or sued out against any material amount of the Reinsured's assets; or

Appears in 2 contracts

Sources: Aggregate Excess of Loss Reinsurance Agreement (Trenwick Group Inc), Interests and Liabilities Contract (Trenwick Group Inc)

Executions. Creditors attach or take possession of or distress, . execution, sequestration, seizure, attachment or other equivalent or analogous process is levied or enforced upon or sued out against any material amount of the Reinsured's assets; or

Appears in 1 contract

Sources: Interests and Liabilities Contract (Trenwick Group Inc)