Common use of Termination of Assignment Clause in Contracts

Termination of Assignment. The Assignment hereunder may be terminated (i) by delivery to the Trustee of the mutual written consent of the Ceding Companies and Reinsurer; or (ii) automatically upon the termination of the Trust pursuant to the terms of the Trust Agreement.

Appears in 2 contracts

Samples: Assignment Agreement (Alleghany Corp /De), Assignment Agreement (Alleghany Corp /De)

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Termination of Assignment. The Assignment hereunder may be terminated (i) by delivery to the Trustee of the mutual written consent of the Ceding Companies and ReinsurerTrustee; or (ii) automatically upon the termination of the Trust pursuant to the terms of the Trust Agreement.

Appears in 1 contract

Samples: Assignment Agreement (Alleghany Corp /De)

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Termination of Assignment. The Assignment hereunder may be terminated (i) by delivery to the Trustee of the mutual written consent of the Ceding Companies and Reinsurer; or (ii) automatically upon the termination of the Trust pursuant to the terms of the Trust Agreement.

Appears in 1 contract

Samples: Assignment Agreement (Alleghany Corp /De)

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