Qualification and Power. Reinsurer is duly qualified and in good standing to do business in every jurisdiction in which such qualification is necessary because of the nature of its business or of the properties owned, leased, or operated by it.
Appears in 3 contracts
Samples: Coinsurance Agreement (Acap Corp), Assumption Reinsurance Agreement (Acap Corp), Coinsurance Agreement (Acap Corp)
Qualification and Power. The Reinsurer is duly qualified and in good standing to do business in every jurisdiction in which such qualification is necessary because of the nature of its business or of the properties owned, leased, or operated by it.
Appears in 1 contract
Samples: Coinsurance Agreement (Acap Corp)
