REINSURANCE PREMIUM AND CEDING COMMISSION. In consideration of the reinsurance provided by the Reinsurer under this Agreement, the Reinsured shall pay to the Reinsurer its quota share participation in all Premiums received by the Reinsured in connection with the Subject Business which shall be payable to the Reinsurer in cash in accordance with ARTICLE XIII. The only deduction allowable from the Reinsurer’s quota share participation in the Premiums shall be a [***]% ceding commission payable by the Reinsurer to the Reinsured (the “Ceding Commission”).
Appears in 4 contracts
Samples: Share Reinsurance Agreement (Oscar Health, Inc.), Share Reinsurance Agreement (Oscar Health, Inc.), Share Reinsurance Agreement (Oscar Health, Inc.)
