Examples of Maiden Re in a sentence
Nothing herein shall be construed to require Maiden Re to indemnify the Retroeessionaire to the extent any Damages are attributable to any acts or omissions of a Person who is a director, officer, employee, agent, successor or permitted assign of the Retrocessionaire or any of its Affiliates, Representatives or agents, unless such Person is acting at the express written di rection or written request of Maiden Re ( or any of its Affiliates, Representatives or agents).
The Retrocessionaire shall, in each and every case to which liability under th is A1:,rreement attaches, follow the fortunes and settlements of Maiden Re, and the Retrocessionaire shall be bound, without limitation, by all payments and settlements entered into by or on behalf of Maiden Re, subject to the terms, conditions and provisions set forth herein.
The Retrocessionaire shall be subrogated to all rights of Maiden Re against any Person or other entity who may be legally responsible in damages constituting Covered Losses for which the Retrocessionaire shall actually pay, or become liable to pay, on or after the Effective Time {but only to the extent of the amount of payment by the Retrocessionaire).
Maiden Re and the Retrocessionaire acknowledge that, pursuant to Post-Tc1mination Endorsement No. I, All shall be responsible, and Maiden Re shall not indemnify All, for all Ultimate Net Loss (as defined in the Existing Quota Share Agreement) amounts within the loss corridor established pursuant to Section I of Post-Tennination Endorsement No. I and that such losses shall not be payable or reinsured by the Retrocessionaire under this A1:,rreement.
Also, commencing with the third calendar quarter of 2019, within thirty (30) calendar days following the end of each calendar quarter (other than the fouith calendar quarter), All shall deliver to Retrocessionaire and Maiden Re a Funding Statement as of the end of the su~ject calendar quarter.
The Company has a trust agreement with Maiden Re whereby the reinsurer deposits funds into the trust to cover outstanding case reserves, unpaid balances and IBNR.
Each Party shall use its commercially reasonable effo1is to cooperate with the other Party as reasonably requested by such other Pa1iy in connection with the transfer from Maiden Re to the Retrocessionaire of the authority and obligations set forth in this Section £1.(£} in accordance with the terms of this Agreement, and take such further actions and execute such further documents and agreements as may be necessary to carry out this Section 4.
If the participant's account balance is not sufficient to allow us to make a partial withdrawal and deduct the withdrawal charge, we will treat your request as a request for a full withdrawal.
Clinton (1994) used Wicksell to explain empirical results from Cozier and Tkacz (1994), which strongly confirmed the predictive power of the long-short differential.14 The expected future short-term rate, beyond some horizon, would rationally be equal to the natural rate.
Notwithstanding the foregoing, the Retrocessionaire shall have the right to reinsure or otherwise share the losses reinsured hereunder, provided that in no way shall such reinsurance or other sharing of losses lessen or in any way diminish the Rctrocessionairc's obligations to Maiden Re hereunder.