Inuring Reinsurance Agreements definition

Inuring Reinsurance Agreements has the meaning set forth in the recitals to this Agreement.
Inuring Reinsurance Agreements means the reinsurance agreements of Ceding Company, whether or not listed on Schedule 1.1, under which Ceding Company has ceded any portion of its risks, obligations or liabilities arising under or relating to the Insurance Policies to third party reinsurers.

Examples of Inuring Reinsurance Agreements in a sentence

  • Highlands assigns and transfers to SRA all Inuring Reinsurance Agreements, and all rights and obligations under such agreements, to the extent such reinsurance inures to the benefit of the Assumption Reinsurance Portfolio, including any right to offset as described herein.

  • Highlands shall, if requested by Westport, provide reasonable assistance to Westport, at Westport's expense, in collection of all amounts due in respect of the Subject Portfolio from Reinsurers under Inuring Reinsurance Agreements which do not have or agree to an endorsement and shall forward any funds collected to Westport.

  • Highlands shall, if requested by SRA, provide reasonable assistance to SRA, at SRA's expense, in collection of all amounts due in respect of the Assumption Reinsurance Portfolio from Reinsurers under Inuring Reinsurance Agreements which do not have or agree to an endorsement and shall forward any funds collected to SRA.

  • The liability of Reinsurer under this Reinsurance Agreement shall (x) follow and be identical to the liability of Ceding Company in respect of the Reinsured Liabilities, and (y) remain in full force and effect without regard to the collectability of reinsurance under any of the Inuring Reinsurance Agreements.

  • At the Closing, the Domestic Insurer and Seller shall enter into an Administrative Services Agreement (the “ General Casualty ASA”) to be effective at the Closing Date, pursuant to which Seller will provide administrative services with respect to the Policies and related Inuring Reinsurance Agreements and TPA Contracts (each as defined in the General Casualty ASA).

Related to Inuring Reinsurance Agreements

  • Reinsurance Agreements means any agreement, contract, treaty, certificate or other arrangement by which any Insurance Subsidiary agrees to transfer or cede to another insurer all or part of the liability assumed or assets held by it under one or more insurance, annuity, reinsurance or retrocession policies, agreements, contracts, treaties, certificates or similar arrangements. Reinsurance Agreements shall include, but not be limited to, any agreement, contract, treaty, certificate or other arrangement that is treated as such by the applicable Department.

  • Reinsurance Agreement means any agreement, contract, treaty or other arrangement whereby one or more insurers, as reinsurers, assume liabilities under insurance policies or agreements issued by another insurance or reinsurance company or companies.

  • Insurance Agreement means the insurance and indemnity agreement identified in the Adoption Annex.

  • Reinsurance means the activity consisting in accepting risks ceded by an insurance undertaking or by another reinsurance undertaking or, in the case of the association of underwriters known as Lloyd's, the activity consisting in accepting risks, ceded by any member of Lloyd's, by an insurance or reinsurance undertaking other than the association of underwriters known as Lloyd's;

  • Retrocession Agreement means any agreement, contract, treaty or other arrangement whereby one or more insurers or reinsurers, as retrocessionaires, assume liabilities of reinsurers under a Reinsurance Agreement or other retrocessionaires under another Retrocession Agreement.

  • Data Sharing Agreement A formal agreement that documents what data is being shared and how the data can be used between the Parties. ‘‘Data Sharing Code of Practice” the code of practice issued by the Information Commissioner in respect to the sharing of personal data.

  • Insurance Contracts means the insurance or annuity policies and contracts, together with all binders, slips, certificates, endorsements and riders thereto, issued or entered into by any Insurance Company prior to the Closing.

  • Insurance Contract means a contract (other than an Annuity Contract) under which the issuer agrees to pay an amount upon the occurrence of a specified contingency involving mortality, morbidity, accident, liability, or property risk.

  • Labor peace agreement means an agreement between an entity and a

  • Insurance Schedule means Schedule 3 attached hereto.

  • Insurance Assignment means the valid and effective first legal assignment of the Insurances (together with the notice thereof), to be executed by the Borrower in respect of the Vessel in favour of the Trustee and the Commercial Loan Trustee, such assignment and notice to be in the form and on the terms and conditions required by the Agent, the Hermes Agent and the Commercial Loan Agent and agreed on the signing of the Original Loan Agreement and as specified in paragraph 47 of Schedule 4;

  • Lease Agreements shall have the meaning set forth in Section 3.14.

  • Ceding Company has the meaning set forth in the preamble.

  • Retention Agreements has the meaning set forth in Section 5.11(e).

  • reinsurance undertaking means reinsurance undertaking as defined in point (4) of Article 13 of Directive 2009/138/EC;

  • VIE Agreements means the Exclusive Service Agreement, the Exclusive Call Option Agreement, the Shareholder Voting Rights Proxy Agreement and the Equity Pledge Agreement entered into by and among some or all of the Parties hereto on the same day this agreement is entered, including any supplemental agreements or amendments to such agreements, and any other agreements, contracts or legal documents executed or issued by one or more Parties and/or Party C’s affiliated enterprises from time to time to ensure the performance of the aforesaid agreements, signed or accepted by Party A in writing.

  • Tax Indemnity Agreement means the Tax Indemnity Agreement, dated as of even date with the Participation Agreement, between Lessee and Owner Participant.

  • CMPPA Agreement means the CMPPA Agreement between the SSA and CHHS.

  • variable insurance contract means a contract of life insurance under which the interest of the purchaser is valued for purposes of conversion or surrender by reference to the value of a proportionate interest in a specified portfolio of assets.

  • Cash Value Insurance Contract means an Insurance Contract (other than an indemnity reinsurance contract between two insurance companies) that has a Cash Value greater than $50,000.

  • Settlement Agreements means any settlement reached in the U.S. Litigation with any of the Settling Defendants.

  • Reciprocal agreement means an agreement between this state and a higher education compact or 1 or more other states that allows participating colleges to provide distance education to residents of this state and other member states under this act.

  • Severance Agreement means the Key Executive Severance Agreement, dated as of the date hereof, between the parties, as it may be amended from time to time, that provides for certain benefits related to termination of the Executive’s employment that are unrelated to a Change of Control.

  • Mutual aid agreement means an agreement between the City and a town or other city for the City’s fire department to provide assistance to the fire department of a town or other city.

  • Master Lease Agreement has the meaning set forth in Section 7.2(c)(xiv).

  • Tax Protection Agreement means that certain Tax Protection Agreement dated as of the date hereof, by and among the REIT, the OP and the parties identified as a signatory on Schedule A thereto.