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Transaction <strong>IMR Amount</strong> as of the Closing Date shall be calculated by the Ceding Company and ceded to the Reinsurer.", "The Ceding Company and the Reinsurer agree that the Existing <strong>IMR Amount</strong> and the Transaction <strong>IMR Amount</strong> as of the Phase 1 Closing Date were calculated by the Ceding Company and ceded to the Reinsurer.", "The Ceding Company and the Reinsurer agree that the Existing <strong>IMR Amount</strong> and the Transaction <strong>IMR Amount</strong>, in each case, in respect of the Phase 2 Reinsured Policies as of the Phase 2 Closing Date shall be calculated by the Ceding Company and ceded to the Reinsurer.", "The Ceding Company and the Reinsurer agree that the Existing <strong>IMR Amount</strong> and the Transaction <strong>IMR Amount</strong>, in each case, in respect of the Phase 2 Reinsured Policies, as of the Phase 2 Closing Date shall be calculated by the Ceding Company and ceded to the Reinsurer.", "The \u201cAsset 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