Common use of Notices and Contract Execution Clause in Contracts

Notices and Contract Execution. A. Whenever a notice, statement, report or any other written communication is required by a Reinsurance Document (as defined in the Contract), unless otherwise specified, such notice, statement, report or other written communication may be transmitted by certified or registered mail, nationally or internationally recognized express delivery service, personal delivery, electronic mail, first class mail or facsimile. Notice given as described above shall be deemed to be received and effective upon actual receipt thereof by a party or any Business Day (as defined in Attachment 1 to the Contract) following the date such notice is sent, whichever is earlier. B. All notices to the Company and Subscribing Reinsurer under any provision of a Reinsurance Document shall be sent by electronic mail to the e-mail address below, with a copy of each such notice sent in writing and given by prepaid express courier, certified mail or fax, to: If to the Company: If to the Subscribing Reinsurer: All notices to the Original Insured under any provision of a Reinsurance Document shall be in writing and given by prepaid express courier, certified mail or fax, to: Notice given as described above shall be deemed to be received and effective upon actual receipt thereof by the addressee on any Business Day following the date such notice is sent, whichever is earlier. C. This Agreement may be signed in ink on paper or by an electronic signature. The Agreement may also be signed in any number of counterparts and signed by each party on separate counterparts, each of which, when so executed shall be deemed to be an original, and all such counterparts shall constitute but one and the same instrument. The exchange of copies of this Agreement and of signature pages by facsimile transmission or electronic mail shall constitute effective execution and delivery of this Agreement as to the parties and may be used in lieu of the original for all purposes. Signatures of parties transmitted by facsimile or electronic mail shall be deemed to be their original signatures for any purpose whatsoever.

Notices and Contract Execution. A. Whenever a notice, statement, report or any other written communication is required by a Reinsurance Document (as defined in the Contract), unless otherwise specified, such notice, statement, report or other written communication may be transmitted by certified or registered mail, nationally or internationally recognized express delivery service, personal delivery, electronic mail, first class mail or facsimile. Notice given as described above shall be deemed to be received and effective upon actual receipt thereof by a party or any Business Day (as defined in Attachment 1 to the Contract) following the date such notice is sent, whichever is earlier. B. All notices to the Company and Subscribing Reinsurer under any provision of a Reinsurance Document shall be sent by electronic mail to the e-mail address below, with a copy of each such notice sent in writing and given by prepaid express courier, certified mail or fax, to: If to the Company: . If to the Subscribing Reinsurer: All notices to the Original Insured under any provision of a Reinsurance Document shall be in writing and given by prepaid express courier, certified mail or fax, to: Notice given as described above shall be deemed to be received and effective upon actual receipt thereof by the addressee on any Business Day following the date such notice is sent, whichever is earlier. C. This Agreement may be signed in ink on paper or by an electronic signature. The Agreement may also be signed in any number of counterparts and signed by each party on separate counterparts, each of which, when so executed shall be deemed to be an original, and all such counterparts shall constitute but one and the same instrument. The exchange of copies of this Agreement and of signature pages by facsimile transmission or electronic mail shall constitute effective execution and delivery of this Agreement as to the parties and may be used in lieu of the original for all purposes. Signatures of parties transmitted by facsimile or electronic mail shall be deemed to be their original signatures for any purpose whatsoever.

Notices and Contract Execution. A. Whenever a notice, statement, report or any other written communication is required by a Reinsurance Document (as defined in the Contract), unless otherwise specified, such notice, statement, report or other written communication may be transmitted by certified or registered mail, nationally or internationally recognized express delivery service, personal delivery, electronic mail, first class mail or facsimile. Notice given as described above shall be deemed to be received and effective upon actual receipt thereof by a party or any Business Day (as defined in Attachment 1 to the Contract) following the date such notice is sent, whichever is earlier. B. All notices to the Company and Subscribing Reinsurer under any provision of a Reinsurance Document shall be sent by electronic mail to the e-mail address below, with a copy of each such notice sent in writing and given by prepaid express courier, certified mail or fax, to: If to the Company: If to the Subscribing Reinsurer: All notices to the Original Insured under any provision of a Reinsurance Document shall be in writing and given by prepaid express courier, certified mail or fax, to: ▇▇▇▇▇▇▇ Mac. ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Drive, ▇▇▇▇▇▇, VA 22102-3110 Notice given as described above shall be deemed to be received and effective upon actual receipt thereof by the addressee on any Business Day following the date such notice is sent, whichever is earlier. C. This Agreement may be signed in ink on paper or by an electronic signature. The Agreement may also be signed in any number of counterparts and signed by each party on separate counterparts, each of which, when so executed shall be deemed to be an original, and all such counterparts shall constitute but one and the same instrument. The exchange of copies of this Agreement and of signature pages by facsimile transmission or electronic mail shall constitute effective execution and delivery of this Agreement as to the parties and may be used in lieu of the original for all purposes. Signatures of parties transmitted by facsimile or electronic mail shall be deemed to be their original signatures for any purpose whatsoever. This day of in the year . Signature Title This day of in the year . Signature Title This endorsement (the "Endorsement") forms a part of policy no. , effective as of September 29, 2020 (including any amendments, endorsements, or addenda thereto, hereinafter referred to as the "Policy") issued by (hereinafter referred to as the "Company") to the Original Insured named below and the Interests and Liabilities Agreement (the "I&L Agreement") incorporating the Quota Share Reinsurance Contract (the "Contract") which forms a part of the I&L Agreement by and between the Company and (hereinafter referred to as the "Subscribing Reinsurer"), effective as of the same date. The Original Insured for whose benefit this Endorsement is made is as follows: Original Insured: Federal Home Loan Mortgage Corporation, also known as ▇▇▇▇▇▇▇ Mac, a government-sponsored enterprise chartered by the U.S. Congress. Original Insured's Address: ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Drive, McLean, VA 22102-3110 For value received, the Subscribing Reinsurer agrees as follows: (A) Upon the Company’s acceptance of a Proof of Loss pursuant to the terms of the Policy (including any deemed acceptance of a Proof of Loss pursuant to the terms of the Policy), the Subscribing Reinsurer will pay to the Original Insured an amount equal to its quota share, as identified in Section 1(A) of the I&L Agreement, of the applicable Covered Amount (as defined in the Policy) under the Class M-1H, Class M-2H, Class B-1H or Class B-2H Reference Tranches payable by the Company under the Policy, and any applicable late payment fee attributable to the Subscribing Reinsurer, as and to the extent that the Original Insured does not otherwise receive payment of such Covered Amount (or such late payment fee) within five (5) Business Days following acceptance (including deemed acceptance) of the related Proof of Loss as required under the Policy. In such event, the Subscribing Reinsurer will make payment thereof directly to the Original Insured named above in accordance with the terms of the Policy. (B) Upon the occurrence of an Insolvency Event with respect to the Subscribing Reinsurer pursuant to the terms of the Contract, the Subscribing Reinsurer will pay to the Original Insured any Terminal Settlement Amount and any True-Up Amount payable by the Company to the Original Insured under the Policy in connection with such Insolvency Event, as and to the extent that the Original Insured does not otherwise receive payment of such Terminal Settlement Amount and/or True-Up Amount as and when required under the Policy. In such event, the Subscribing Reinsurer will make payment thereof directly to the Original Insured named above in accordance with the terms of the Policy.

Notices and Contract Execution. A. Whenever a notice, statement, report or any other written communication is required by a Reinsurance Document (as defined in the Contract), unless otherwise specified, such notice, statement, report or other written communication may be transmitted by certified or registered mail, nationally or internationally recognized express delivery service, personal delivery, electronic mail, first class mail or facsimile. Notice given as described above shall be deemed to be received and effective upon actual receipt thereof by a party or any Business Day (as defined in Attachment 1 to the Contract) following the date such notice is sent, whichever is earlier. B. All notices to the Company and Subscribing Reinsurer under any provision of a Reinsurance Document shall be sent by electronic mail to the e-mail address below, with a copy of each such notice sent in writing and given by prepaid express courier, certified mail or fax, to: If to the Company: If to the Subscribing Reinsurer: All notices to the Original Insured under any provision of a Reinsurance Document shall be in writing and given by prepaid express courier, certified mail or fax, to: ▇▇▇▇▇▇▇ ▇▇▇. ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Drive, ▇▇▇▇▇▇, VA 22102-3110 Notice given as described above shall be deemed to be received and effective upon actual receipt thereof by the addressee on any Business Day following the date such notice is sent, whichever is earlier. C. This Agreement may be signed in ink on paper or by an electronic signature. The Agreement may also be signed in any number of counterparts and signed by each party on separate counterparts, each of which, when so executed shall be deemed to be an original, and all such counterparts shall constitute but one and the same instrument. The exchange of copies of this Agreement and of signature pages by facsimile transmission or electronic mail shall constitute effective execution and delivery of this Agreement as to the parties and may be used in lieu of the original for all purposes. Signatures of parties transmitted by facsimile or electronic mail shall be deemed to be their original signatures for any purpose whatsoever. This day of in the year . Signature Title This day of in the year . Signature Title This endorsement (the "Endorsement") forms a part of policy no. , effective as of September 29, 2020 (including any amendments, endorsements, or addenda thereto, hereinafter referred to as the "Policy") issued by (hereinafter referred to as the "Company") to the Original Insured named below and the Interests and Liabilities Agreement (the "I&L Agreement") incorporating the Quota Share Reinsurance Contract (the "Contract") which forms a part of the I&L Agreement by and between the Company and (hereinafter referred to as the "Subscribing Reinsurer"), effective as of the same date. The Original Insured for whose benefit this Endorsement is made is as follows: Original Insured: Federal Home Loan Mortgage Corporation, also known as ▇▇▇▇▇▇▇ ▇▇▇, a government-sponsored enterprise chartered by the U.S. Congress. Original Insured's Address: ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Drive, ▇▇▇▇▇▇, VA 22102-3110 For value received, the Subscribing Reinsurer agrees as follows: (A) Upon the Company’s acceptance of a Proof of Loss pursuant to the terms of the Policy (including any deemed acceptance of a Proof of Loss pursuant to the terms of the Policy), the Subscribing Reinsurer will pay to the Original Insured an amount equal to its quota share, as identified in Section 1(A) of the I&L Agreement, of the applicable Covered Amount (as defined in the Policy) under the Class M-1H, Class M-2H, Class B-1H or Class B-2H Reference Tranches payable by the Company under the Policy, and any applicable late payment fee attributable to the Subscribing Reinsurer, as and to the extent that the Original Insured does not otherwise receive payment of such Covered Amount (or such late payment fee) within five (5) Business Days following acceptance (including deemed acceptance) of the related Proof of Loss as required under the Policy. In such event, the Subscribing Reinsurer will make payment thereof directly to the Original Insured named above in accordance with the terms of the Policy. (B) Upon the occurrence of an Insolvency Event with respect to the Subscribing Reinsurer pursuant to the terms of the Contract, the Subscribing Reinsurer will pay to the Original Insured any Terminal Settlement Amount and any True-Up Amount payable by the Company to the Original Insured under the Policy in connection with such Insolvency Event, as and to the extent that the Original Insured does not otherwise receive payment of such Terminal Settlement Amount and/or True-Up Amount as and when required under the Policy. In such event, the Subscribing Reinsurer will make payment thereof directly to the Original Insured named above in accordance with the terms of the Policy.

Notices and Contract Execution. A. Whenever a notice, statement, report or any other written communication is required by a Reinsurance Document (as defined in the Contract), unless otherwise specified, such notice, statement, report or other written communication may be transmitted by certified or registered mail, nationally or internationally recognized express delivery service, personal delivery, electronic mail, first class mail or facsimile. Notice given as described above shall be deemed to be received and effective upon actual receipt thereof by a party or any Business Day (as defined in Attachment 1 to the Contract) following the date such notice is sent, whichever is earlier. B. All notices to the Company and Subscribing Reinsurer under any provision of a Reinsurance Document shall be sent by electronic mail to the e-mail address below, with a copy of each such notice sent in writing and given by prepaid express courier, certified mail or fax, to: If to the Company: If to the Subscribing Reinsurer: All notices to the Original Insured under any provision of a Reinsurance Document shall be in writing and given by prepaid express courier, certified mail or fax, to: ▇▇▇▇▇▇▇ Mac. ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Drive, ▇▇▇▇▇▇, VA 22102-3110 Notice given as described above shall be deemed to be received and effective upon actual receipt thereof by the addressee on any Business Day following the date such notice is sent, whichever is earlier. C. This Agreement may be signed in ink on paper or by an electronic signature. The Agreement may also be signed in any number of counterparts and signed by each party on separate counterparts, each of which, when so executed shall be deemed to be an original, and all such counterparts shall constitute but one and the same instrument. The exchange of copies of this Agreement and of signature pages by facsimile transmission or electronic mail shall constitute effective execution and delivery of this Agreement as to the parties and may be used in lieu of the original for all purposes. Signatures of parties transmitted by facsimile or electronic mail shall be deemed to be their original signatures for any purpose whatsoever.

Notices and Contract Execution. A. Whenever a notice, statement, report or any other written communication is required by a Reinsurance Document (as defined in the Contract), unless otherwise specified, such notice, statement, report or other written communication may be transmitted by certified or registered mail, nationally or internationally recognized express delivery service, personal delivery, electronic mail, first class mail or facsimile. Notice given as described above shall be deemed to be received and effective upon actual receipt thereof by a party or any Business Day (as defined in Attachment 1 to the Contract) following the date such notice is sent, whichever is earlier. B. All notices to the Company and Subscribing Reinsurer under any provision of a Reinsurance Document shall be sent by electronic mail to the e-mail address below, with a copy of each such notice sent in writing and given by prepaid express courier, certified mail or fax, to: If to the Company: If to the Subscribing Reinsurer: All notices to the Original Insured under any provision of a Reinsurance Document shall be in writing and given by prepaid express courier, certified mail or fax, to: ▇▇▇▇▇▇▇ ▇▇▇. ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Drive, ▇▇▇▇▇▇, VA 22102-3110 Notice given as described above shall be deemed to be received and effective upon actual receipt thereof by the addressee on any Business Day following the date such notice is sent, whichever is earlier. C. This Agreement may be signed in ink on paper or by an electronic signature. The Agreement may also be signed in any number of counterparts and signed by each party on separate counterparts, each of which, when so executed shall be deemed to be an original, and all such counterparts shall constitute but one and the same instrument. The exchange of copies of this Agreement and of signature pages by facsimile transmission or electronic mail shall constitute effective execution and delivery of this Agreement as to the parties and may be used in lieu of the original for all purposes. Signatures of parties transmitted by facsimile or electronic mail shall be deemed to be their original signatures for any purpose whatsoever. This day of in the year . Signature Title This day of in the year . Signature Title This endorsement (the "Endorsement") forms a part of policy no. , effective as of November 20, 2020 (including any amendments, endorsements, or addenda thereto, hereinafter referred to as the "Policy") issued by (hereinafter referred to as the "Company") to the Original Insured named below and the Interests and Liabilities Agreement (the "I&L Agreement") incorporating the Quota Share Reinsurance Contract (the "Contract") which forms a part of the I&L Agreement by and between the Company and (hereinafter referred to as the "Subscribing Reinsurer"), effective as of the same date. The Original Insured for whose benefit this Endorsement is made is as follows: Original Insured: Federal Home Loan Mortgage Corporation, also known as ▇▇▇▇▇▇▇ ▇▇▇, a government-sponsored enterprise chartered by the U.S. Congress. Original Insured's Address: ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Drive, ▇▇▇▇▇▇, VA 22102-3110 For value received, the Subscribing Reinsurer agrees as follows: (A) Upon the Company’s acceptance of a Proof of Loss pursuant to the terms of the Policy (including any deemed acceptance of a Proof of Loss pursuant to the terms of the Policy), the Subscribing Reinsurer will pay to the Original Insured an amount equal to its quota share, as identified in Section 1(A) of the I&L Agreement, of the applicable Covered Amount (as defined in the Policy) under the Class M-1H, Class M-2H, Class B-1H or Class B-2H Reference Tranches payable by the Company under the Policy, and any applicable late payment fee attributable to the Subscribing Reinsurer, as and to the extent that the Original Insured does not otherwise receive payment of such Covered Amount (or such late payment fee) within five (5) Business Days following acceptance (including deemed acceptance) of the related Proof of Loss as required under the Policy. In such event, the Subscribing Reinsurer will make payment thereof directly to the Original Insured named above in accordance with the terms of the Policy. (B) Upon the occurrence of an Insolvency Event with respect to the Subscribing Reinsurer pursuant to the terms of the Contract, the Subscribing Reinsurer will pay to the Original Insured any Terminal Settlement Amount and any True-Up Amount payable by the Company to the Original Insured under the Policy in connection with such Insolvency Event, as and to the extent that the Original Insured does not otherwise receive payment of such Terminal Settlement Amount and/or True-Up Amount as and when required under the Policy. In such event, the Subscribing Reinsurer will make payment thereof directly to the Original Insured named above in accordance with the terms of the Policy.

Notices and Contract Execution. A. Whenever a notice, statement, report or any other written communication is required by a Reinsurance Document (as defined in the Contract), unless otherwise specified, such notice, statement, report or other written communication may be transmitted by certified or registered mail, nationally or internationally recognized express delivery service, personal delivery, electronic mail, first class mail or facsimile. Notice given as described above shall be deemed to be received and effective upon actual receipt thereof by a party or any Business Day (as defined in Attachment 1 to the Contract) following the date such notice is sent, whichever is earlier. B. All notices to the Company and Subscribing Reinsurer under any provision of a Reinsurance Document shall be sent by electronic mail to the e-mail address below, with a copy of each such notice sent in writing and given by prepaid express courier, certified mail or fax, to: If to the Company: If to the Subscribing Reinsurer: All notices to the Original Insured under any provision of a Reinsurance Document shall be in writing and given by prepaid express courier, certified mail or fax, to: ▇▇▇▇▇▇▇ Mac. ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Drive, McLean, VA 22102-3110 Notice given as described above shall be deemed to be received and effective upon actual receipt thereof by the addressee on any Business Day following the date such notice is sent, whichever is earlier. C. This Agreement may be signed in ink on paper or by an electronic signature. The Agreement may also be signed in any number of counterparts and signed by each party on separate counterparts, each of which, when so executed shall be deemed to be an original, and all such counterparts shall constitute but one and the same instrument. The exchange of copies of this Agreement and of signature pages by facsimile transmission or electronic mail shall constitute effective execution and delivery of this Agreement as to the parties and may be used in lieu of the original for all purposes. Signatures of parties transmitted by facsimile or electronic mail shall be deemed to be their original signatures for any purpose whatsoever. This day of in the year . Signature Title This day of in the year . Signature Title This endorsement (the "Endorsement") forms a part of policy no. , effective as of August 25, 2020 (including any amendments, endorsements, or addenda thereto, hereinafter referred to as the "Policy") issued by (hereinafter referred to as the "Company") to the Original Insured named below and the Interests and Liabilities Agreement (the "I&L Agreement") incorporating the Quota Share Reinsurance Contract (the "Contract") which forms a part of the I&L Agreement by and between the Company and (hereinafter referred to as the "Subscribing Reinsurer"), effective as of the same date. The Original Insured for whose benefit this Endorsement is made is as follows: Original Insured: Federal Home Loan Mortgage Corporation, also known as ▇▇▇▇▇▇▇ Mac, a government-sponsored enterprise chartered by the U.S. Congress. Original Insured's Address: ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Drive, McLean, VA 22102-3110 For value received, the Subscribing Reinsurer agrees as follows: (A) Upon the Company’s acceptance of a Proof of Loss pursuant to the terms of the Policy (including any deemed acceptance of a Proof of Loss pursuant to the terms of the Policy), the Subscribing Reinsurer will pay to the Original Insured an amount equal to its quota share, as identified in Section 1(A) of the I&L Agreement, of the applicable Covered Amount (as defined in the Policy) under the Class M-1H, Class M-2H, Class B-1H or Class B-2H Reference Tranches payable by the Company under the Policy, and any applicable late payment fee attributable to the Subscribing Reinsurer, as and to the extent that the Original Insured does not otherwise receive payment of such Covered Amount (or such late payment fee) within five (5) Business Days following acceptance (including deemed acceptance) of the related Proof of Loss as required under the Policy. In such event, the Subscribing Reinsurer will make payment thereof directly to the Original Insured named above in accordance with the terms of the Policy. (B) Upon the occurrence of an Insolvency Event with respect to the Subscribing Reinsurer pursuant to the terms of the Contract, the Subscribing Reinsurer will pay to the Original Insured any Terminal Settlement Amount and any True-Up Amount payable by the Company to the Original Insured under the Policy in connection with such Insolvency Event, as and to the extent that the Original Insured does not otherwise receive payment of such Terminal Settlement Amount and/or True-Up Amount as and when required under the Policy. In such event, the Subscribing Reinsurer will make payment thereof directly to the Original Insured named above in accordance with the terms of the Policy.

Notices and Contract Execution. A. Whenever a notice, statement, report or any other written communication is required by a Reinsurance Document (as defined in the Contract), unless otherwise specified, such notice, statement, report or other written communication may be transmitted by certified or registered mail, nationally or internationally recognized express delivery service, personal delivery, electronic mail, first class mail or facsimile. Notice given as described above shall be deemed to be received and effective upon actual receipt thereof by a party or any Business Day (as defined in Attachment 1 to the Contract) following the date such notice is sent, whichever is earlier. B. All notices to the Company and Subscribing Reinsurer under any provision of a Reinsurance Document shall be sent by electronic mail to the e-mail address below, with a copy of each such notice sent in writing and given by prepaid express courier, certified mail or fax, to: If to the Company: If to the Subscribing Reinsurer: All notices to the Original Insured under any provision of a Reinsurance Document shall be in writing and given by prepaid express courier, certified mail or fax, to: ▇▇▇▇▇▇▇ Mac. ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Drive, McLean, VA 22102-3110 Notice given as described above shall be deemed to be received and effective upon actual receipt thereof by the addressee on any Business Day following the date such notice is sent, whichever is earlier. C. This Agreement may be signed in The use of any of the following shall constitute a valid execution of a Reinsurance Document or any amendment thereto: 1. Paper documents with an original ink on signature; and/or 2. Facsimile or electronic copies of paper or by documents showing an electronic original ink signature. This day of in the year . Signature Title This day of in the year . Signature Title This endorsement (the "Endorsement") forms a part of policy no. , effective as of March 18, 2020 (including any amendments, endorsements, or addenda thereto, hereinafter referred to as the "Policy") issued by (hereinafter referred to as the "Company") to the Original Insured named below and the Interests and Liabilities Agreement (the "I&L Agreement") incorporating the Quota Share Reinsurance Contract (the "Contract") which forms a part of the I&L Agreement by and between the Company and (hereinafter referred to as the "Subscribing Reinsurer"), effective as of the same date. The Agreement may Original Insured for whose benefit this Endorsement is made is as follows: Original Insured: Federal Home Loan Mortgage Corporation, also be signed known as ▇▇▇▇▇▇▇ Mac, a government-sponsored enterprise chartered by the U.S. Congress. Original Insured's Address: ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Drive, ▇▇▇▇▇▇, VA 22102-3110 For value received, the Subscribing Reinsurer agrees as follows: (A) Upon the Company’s acceptance of a Proof of Loss pursuant to the terms of the Policy (including any deemed acceptance of a Proof of Loss pursuant to the terms of the Policy), the Subscribing Reinsurer will pay to the Original Insured an amount equal to its quota share, as identified in any number Section 1(A) of counterparts and signed the I&L Agreement, of the applicable Covered Amount (as defined in the Policy) under the Class M-1H, Class M-2H, Class B-1H or Class B-2H Reference Tranches payable by each party on separate counterparts, each of which, when so executed shall be deemed to be an originalthe Company under the Policy, and all such counterparts shall constitute but one and the same instrument. The exchange of copies of this Agreement and of signature pages by facsimile transmission or electronic mail shall constitute effective execution and delivery of this Agreement as any applicable late payment fee attributable to the parties Subscribing Reinsurer, as and may be used in lieu to the extent that the Original Insured does not otherwise receive payment of such Covered Amount (or such late payment fee) within five (5) Business Days following acceptance (including deemed acceptance) of the original for all purposesrelated Proof of Loss as required under the Policy. Signatures In such event, the Subscribing Reinsurer will make payment thereof directly to the Original Insured named above in accordance with the terms of parties transmitted the Policy. (B) Upon the occurrence of an Insolvency Event with respect to the Subscribing Reinsurer pursuant to the terms of the Contract, the Subscribing Reinsurer will pay to the Original Insured any Terminal Settlement Amount and any True-Up Amount payable by facsimile or electronic mail shall be deemed the Company to be their original signatures for any purpose whatsoeverthe Original Insured under the Policy in connection with such Insolvency Event, as and to the extent that the Original Insured does not otherwise receive payment of such Terminal Settlement Amount and/or True-Up Amount as and when required under the Policy. In such event, the Subscribing Reinsurer will make payment thereof directly to the Original Insured named above in accordance with the terms of the Policy.