Common use of Reinsurance Agreements Clause in Contracts

Reinsurance Agreements. The Reinsurance Agreements, split between the Novated Reinsurance and Other Reinsurance, are as shown in Schedule 8.02( c ). Ceding Company has duly and punctually performed in all material respects all the terms, covenants, and warranties of the Novated Reinsurance. To the best of Ceding Company's knowledge, the other parties to the Novated Reinsurance are not in default in any material respect under any of the terms thereof. The Ceding Company will notify the Reinsurer of either 1) novation of any of the Reinsurance Agreements shown as Other Reinsurance from the Ceding Company to the Reinsurer after the Effective Date, or 2) recapture of any of the Reinsurance Agreements shown as Other Reinsurance after the Effective Date.

Reinsurance Agreements. The Reinsurance Agreements, split between the Novated Reinsurance and Other Reinsurance, are as shown in Schedule 8.02( c 8.02(c). Ceding Company has duly and punctually performed in all material respects all the terms, covenants, and warranties of the Novated Reinsurance. To the best of Ceding Company's knowledge, the other parties to the Novated Reinsurance are not in default in any material respect under any of the terms thereof. The Ceding Company will notify the Reinsurer of either 1) novation of any of the Reinsurance Agreements shown as Other Reinsurance from the Ceding Company to the Reinsurer after the Effective Date, or 2) recapture of any of the Reinsurance Agreements shown as Other Reinsurance after the Effective Date.