INTERMEDIARY. Aon Xxxxxxxx Inc., or one of its affiliated corporations duly licensed as a reinsurance intermediary, is hereby recognized as the Intermediary negotiating this Contract for all business hereunder. All communications (including but not limited to notices, statements, premiums, return premiums, commissions, taxes, losses, loss adjustment expense, salvages and loss settlements) relating to this Contract will be transmitted to the Company or the Reinsurer through the Intermediary. Payments by the Company to the Intermediary will be deemed payment to the Reinsurer. Payments by the Reinsurer to the Intermediary will be deemed payment to the Company only to the extent that such payments are actually received by the Company.
Appears in 7 contracts
Samples: Incr Fifth Excess Catastrophe (Federated National Holding Co), Interests and Liabilities Agreement (21st Century Holding Co), Interests and Liabilities Agreement (21st Century Holding Co)
INTERMEDIARY. Aon Xxxxxxxx Bxxxxxxx Inc., or one of its affiliated corporations duly licensed as a reinsurance intermediary, is hereby recognized as the Intermediary negotiating this Contract Agreement for all business hereunder. All communications (including but not limited to notices, statements, premiums, return premiums, commissions, taxes, losses, loss adjustment expenseexpenses, salvages salvages, and loss settlements) relating to this Contract Agreement will be transmitted to the Company or the Reinsurer Reinsurers through the Intermediary. Payments by the Company to the Intermediary will be deemed payment to the ReinsurerReinsurers. Payments by the Reinsurer Reinsurers to the Intermediary will be deemed payment to the Company only to the extent that such payments are actually received by the Company.
Appears in 2 contracts
Samples: Risk Reinsurance Agreement (Prudential Variable Contract Account Gi-2), Accident Special Risk Reinsurance Agreement (Prudential Variable Contract Account Gi-2)
INTERMEDIARY. Aon Xxxxxxxx Inc., or one of its affiliated corporations duly licensed as a reinsurance intermediary, is hereby recognized as the Intermediary negotiating this Contract Agreement for all business hereunder. All communications (including but not limited to notices, statements, premiums, return premiums, commissions, taxes, losses, loss adjustment expenseexpenses, salvages salvages, and loss settlements) relating to this Contract Agreement will be transmitted to the Company or the Reinsurer Reinsurers through the Intermediary. Payments by the Company to the Intermediary will be deemed payment to the ReinsurerReinsurers. Payments by the Reinsurer Reinsurers to the Intermediary will be deemed payment to the Company only to the extent that such payments are actually received by the Company.. [Missing Graphic Reference] 12\AQUA1007 16 Missing Graphic Reference]
Appears in 1 contract
Samples: Reinsurance Agreement (Prudential Variable Contract Account Gi-2)
