Reductions or Cancellations. Should this Agreement be terminated or the share of the Reinsurer reduced while the underlying contract remains in force, the Reinsurer shall return to the Reinsured the unearned premium, if any, as of the date of cancellation or reduction, less the applicable allowances. If the Reinsured’s liability in the underlying contract is reduced or canceled, the Reinsurer shall follow the Reinsured’s liability in all respects.
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Samples: Coinsurance Funds Withheld Reinsurance Agreement (Symetra Financial CORP), Coinsurance Funds Withheld Reinsurance Agreement (Symetra Financial CORP), Coinsurance Funds Withheld Reinsurance Agreement (Symetra Financial CORP)
Reductions or Cancellations. Should this Agreement be terminated or the share of the Reinsurer reduced while the underlying contract remains in force, the Reinsurer shall return to the Reinsured the unearned premium, if any, as of the date of cancellation or reduction, less the applicable allowances. If the Reinsured’s liability in the underlying contract is reduced or canceled, the Reinsurer shall follow the Reinsured’s liability in all respects.. Article 8 Terminal Accounting 8.01
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Samples: www.sec.gov
Reductions or Cancellations. Should this Agreement be terminated or the Reinsurer’s share of the Reinsurer be reduced while the underlying contract remains in force, the Reinsurer shall return to the Reinsured Company the unearned premium, if any, as of the date of cancellation or reduction, less the applicable allowances. If the ReinsuredCompany’s liability share in the underlying contract is reduced or canceled, the Reinsurer shall follow the ReinsuredCompany’s liability in all respects.
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