Common use of Method of Recapture Clause in Contracts

Method of Recapture. The Ceding Company will give the Pool Reinsurers written notice of its intention to recapture within ninety days of the effective date of the retention increase. If the Ceding Company elects to recapture at a later date, it will give the Pool Reinsurers additional written notice before beginning the recapture. When the Ceding Company has given the Pool Reinsurers written notice of intent to recapture, and the date that the recapture will begin:

Method of Recapture. The Ceding Company will give the Pool Reinsurers written notice of its intention to recapture within ninety (90) days of the effective date of the retention increase. If the Ceding Company elects to recapture at a later date, it will give the Pool Reinsurers additional written notice before beginning the recapture. When the Ceding Company has given the Pool Reinsurers written notice of intent to recapture, and the date that the recapture will begin: