Reinsurance Trust Account. The balance, if any, of the Required Security Amount shall be secured by funds deposited pursuant to a trust agreement in form and substance, and with a third party trustee, in each case satisfactory to the Company in its sole discretion that meets the requirements of any applicable law, regulation, or regulatory authority, which shall be invested in accordance with the Investment Guidelines attached hereto as Exhibit A.
Appears in 6 contracts
Samples: Quota Share Retrocession Agreement (Watford Holdings Ltd.), Quota Share Retrocession Agreement (Watford Holdings Ltd.), Quota Share Retrocession Agreement (Watford Holdings Ltd.)
Reinsurance Trust Account. The balance, if any, of the Required Security Amount shall be secured by funds deposited pursuant to a trust agreement in form and substance, and with a third party trustee, in each case satisfactory to the Company in its sole discretion that meets the requirements of any applicable law, regulation, or regulatory authority, which shall be invested in accordance with the Investment Guidelines attached hereto as Exhibit A.B.
Appears in 3 contracts
Samples: Quota Share Retrocession Agreement (Watford Holdings Ltd.), Quota Share Retrocession Agreement (Watford Holdings Ltd.), Quota Share Retrocession Agreement (Watford Holdings Ltd.)