TERMINATION OR COMMUTATION OF INURING RETROCESSIONS. (a) With respect to any Inuring Retrocessions providing coverage solely with respect to the Reinsurance Agreements, Retrocedant agrees, on behalf of itself and its affiliates, not to terminate or commute any such Inuring Retrocession without the written consent of Retrocessionaire.
Appears in 6 contracts
Samples: Retrocession Agreement (Platinum Underwriters Holdings LTD), Retrocession Agreement (Platinum Underwriters Holdings LTD), Retrocession Agreement (Platinum Underwriters Holdings LTD)
TERMINATION OR COMMUTATION OF INURING RETROCESSIONS. (a) With respect to any Inuring Retrocessions providing coverage solely with respect to the Reinsurance AgreementsContracts, Retrocedant agrees, on behalf of itself and its affiliates, not to terminate or commute any such Inuring Retrocession without the written consent of Retrocessionaire.
Appears in 2 contracts
Samples: Share Retrocession Agreement (Platinum Underwriters Holdings LTD), Share Retrocession Agreement (Platinum Underwriters Holdings LTD)
TERMINATION OR COMMUTATION OF INURING RETROCESSIONS. (a) With respect to any Inuring Retrocessions providing coverage solely with respect to the Reinsurance AgreementsAgreement, Retrocedant agrees, on behalf of itself and its affiliates, not to terminate or commute any such Inuring Retrocession without the written consent of Retrocessionaire.
Appears in 2 contracts
Samples: Retrocession Agreement (Platinum Underwriters Holdings LTD), Share Retrocession Agreement (Platinum Underwriters Holdings LTD)
TERMINATION OR COMMUTATION OF INURING RETROCESSIONS. (a) With respect to any Inuring Retrocessions providing coverage solely with respect to the Reinsurance AgreementsContract, Retrocedant agrees, on behalf of itself and its affiliates, not to terminate or commute any such Inuring Retrocession without the written consent of Retrocessionaire.
Appears in 1 contract
Samples: Retrocession Agreement (Platinum Underwriters Holdings LTD)
TERMINATION OR COMMUTATION OF INURING RETROCESSIONS. (aA) With respect to any Inuring Retrocessions providing coverage solely with respect to the Reinsurance AgreementsContracts, Retrocedant agrees, on behalf of itself and its affiliates, that Retrocedant shall not take any action or fail to terminate take any action that would reasonably result in the termination or commute commutation of or any such material change in the coverage provided by any Inuring Retrocession Retrocession, without the prior written consent of the Retrocessionaire, such consent not to be unreasonably withheld.
Appears in 1 contract
Samples: Retrocession Agreement (Platinum Underwriters Holdings LTD)