Reinsured Policies. In all instances as they relate to the Reinsured Policies:
Reinsured Policies. With respect to each Reinsured Policy, to the knowledge of Aspen and Aspen Parent, (i) the applicable issuing insurance company or entity is not in default under such Reinsured Policy in any material respect and no event has occurred which would create such a default by such company or entity under such Reinsured Policy (it being understood that claims under the Reinsured Policies that are the subject of a good faith dispute shall not constitute defaults under the Reinsured Policies for the purposes of this Section 11.1(j)) and (ii) such Reinsured Policy was issued in compliance in all material respects with Applicable Law. To the knowledge of Aspen and Aspen Parent, there are no material pending or threatened disputes with respect to the validity of any Reinsured Policy.
Reinsured Policies. With respect to each Reinsured Policy, to the knowledge of Maiden and Maiden Insurance, (i) the applicable Original Cedent is not in default under such Reinsured Policy in any material respect and no event has occurred which would create such a default by such Original Cedent under such Reinsured Policy (it being understood that claims under the Reinsured Policies that are the subject of a good faith dispute shall not constitute defaults under the Reinsured Policies for the purposes of this Section 3.12) and (ii) such Reinsured Policy was issued in compliance in all material respects with Applicable Law. To the knowledge of Maiden and Maiden Insurance, there are no material pending or threatened disputes with respect to the validity of any Reinsured Policy.
Reinsured Policies. Beginning on January 1, 2006, (the "Coverage Commencement Date") and continuing until this Agreement is terminated, the Ceding Company will automatically cede to the Generali USA and Generali USA will reinsure: (w) the specified portion of the life insurance risk as set forth on Schedule A entitled "Quota Share in Excess of Retention"; (x) arising under the insurance policies, riders and supplementary benefits listed in Schedule A (the "Underlying Policies"), (y) up to the "Automatic Binding Limits" shown in Schedule A and (z) that meet the following conditions and limitations, such policies meeting all of these requirements being the "Reinsured Policies".
Reinsured Policies. This Agreement shall cover all Policies written by the Company that meet the following conditions (collectively, hereinafter referred to as “Reinsured Policies”):
Reinsured Policies. Cedant has provided Reinsurer with true, correct and complete copies of all Reinsured Policy forms, including, without limitation, any and all state variations, riders and other related forms. All such forms and the jurisdictions in which such forms are authorized for issuance are set forth on Schedule 1.01 hereto. The Reinsured Policies now in force are in all respects, to the extent required under Applicable Law, on forms approved by applicable insurance regulatory authorities or which have been filed and not objected to by such authorities within the period provided for objection and such forms comply in all material respects with Applicable Laws.
Reinsured Policies. Beginning on October 6, 2008 (the "Coverage Commencement Date") and continuing until this Agreement is terminated, the Ceding Company will automatically cede to Generali USA and Generali USA will reinsure the specified portion of the life insurance risk as set forth on Schedule A entitled "Basis of Risk"; arising under the insurance policies, riders and supplementary benefits listed in Schedule A (the "Underlying Policies"), up to the "Automatic Binding Limits" shown in Schedule A, provided that the following conditions and limitations are met. Such policies meeting all of these requirements being the "Reinsured Policies".
Reinsured Policies. At Closing, all policies reinsured under the Credit Reinsurance Agreement shall conform to the underwriting guidelines established under the Credit Reinsurance Agreement. In the event any policy does not conform to the said underwriting guidelines, such policy shall be assumed by Seller in accordance with Section 1.3(d).
Reinsured Policies. Beginning on December 1, 2008 (the "Coverage Commencement Date") and continuing until this Agreement is terminated, the Ceding Company will automatically cede to the Generali USA and Generali USA will reinsure: (i) the specified portion of the life insurance risk as set forth on Schedule A entitled "Basis of Risk"; (ii) arising under the insurance policies, riders and supplementary benefits listed in Schedule A (the "Underlying Policies"), (iii) up to the "Automatic Binding Limits" shown in Schedule A and (iv) that meet all parameters of the attached Schedules and Exhibits, as well as the following conditions and limitations, such policies meeting all of these requirements being the "Reinsured Policies".
Reinsured Policies. 3 Section 4.
