Common use of TERMINATIONS AND REDUCTIONS Clause in Contracts

TERMINATIONS AND REDUCTIONS. 1. If insurance reinsured under this Agreement is terminated, the reinsurance for the individual risk involved will be terminated on the effective date of termination.

TERMINATIONS AND REDUCTIONS. 1. If insurance reinsured under this Agreement is reduced or terminated, the reinsurance for the individual risk Risk involved will be reduced or terminated on the effective date of reduction or termination.

TERMINATIONS AND REDUCTIONS. 1. If insurance reinsured under this Agreement is terminated, the reinsurance for the individual risk involved will be is terminated on at the effective date of terminationsame time.