Outward Reinsurance Agreements definition

Outward Reinsurance Agreements means (a) all reinsurance agreements with third-party reinsurers, which are assigned to the Administrator by the Company pursuant to the terms and conditions of the Asset Purchase Agreement and (b) any reinsurance agreements under which the Administrator retrocedes liabilities with respect to the Policies and Post-Closing Policies to reinsurers (whether or not affiliated with the Administrator) from and after the Effective Date.
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Outward Reinsurance Agreements shall have the meaning set forth in Section 3.25(b) hereof.
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Outward Reinsurance Agreements means all voluntary or involuntary third-party ceded reinsurance and retrocession treaties, facultative placements, and agreements or other contracts of ceded reinsurance in-force and relating to the Business as of the date of the Master Agreement to which any OneBeacon Insurer is a party, all of which agreements are set forth in SCHEDULE 3.20 of the Master Agreement.
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Examples of Outward Reinsurance Agreements in a sentence

  • All Outward Reinsurance Agreements are in full force and effect to the respective dates noted on such Schedule, and no Seller or Parent is in default in any respect as to any provision of any Outward Reinsurance Agreements or has failed to meet the underwriting standards required for any business reinsurance thereunder.

  • Except as set forth on Schedule 4.24, no Outward Reinsurance Agreements contains any provision providing that the other party thereto may terminate such agreement by reason of the transactions contemplated by this Agreement.

  • I considered in Section E above whether I had the power to make an order under section 112(1)(d) FSMA giving effect to the conversion of the Existing Outward Reinsurance Agreements into Retrocessional Agreements.

  • Such calculation will be made based on the financial information as of the Calculation Date for the Remaining Outward Reinsurance Agreements.

  • In addition to, or instead of, being invested in the SLAL Linked Funds, some property-linked SLAL Policies can be invested, through those SLAL Outward Reinsurance Agreements, in the funds of the reinsurers.

  • All Outward Reinsurance Agreements: (a) are legal, valid, binding and in full force and effect; (b) are enforceable against the Seller, and, to the Seller's knowledge, each other party thereto, in accordance with their respective terms; (c) conform in all material respects to all Applicable Laws; and (d) reinsure Reinstated Policies in accordance with the Seller's customary reinstatement practices and the terms of the relevant Policies.

  • Some of the SLAL Outward Reinsurance Agreements are External Fund Links, as explained at Statement25.5.

  • SCHEDULE 3.20 sets forth a true and complete list of all Outward Reinsurance Agreements, the effective date of each Outward Reinsurance Agreement, and the termination date of each Outward Reinsurance Agreement which has a definite termination date.

  • Section 2.14.2 of the Seller's Disclosure Schedule lists all Inward Reinsurance Agreements pursuant to which the Seller reinsures or assumes or has any obligation to reinsure or assume risks of Policies issued or retroceded by reinsurers under the Outward Reinsurance Agreements.

  • The Seller will use its commercially reasonable efforts to effect the assignment(s) or substitution of all Remaining Outward Reinsurance Agreements within 90 days after the Closing Date.


More Definitions of Outward Reinsurance Agreements

Outward Reinsurance Agreements means all third party reinsurance agreements inuring to the benefit of Sellers with respect to or covering any portion of the liabilities under any of the Coinsured Contracts.
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Outward Reinsurance Agreements means any binder, contract, agreement, treaty, certificate, retrocession, understanding or other instrument of reinsurance ceded by the Seller, other than the Assumption Reinsurance Agreements or the Indemnity Reinsurance Agreements, in respect of any Reinsured Policy.
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Related to Outward 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.

  • 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;

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

  • 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.

  • 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.

  • FHA Mortgage Insurance Contract means the contractual obligation of the FHA respecting the insurance of a Mortgage Loan.

  • 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.

  • 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.

  • 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, such assignment and notice to be in the form and on the terms and conditions required by the Agent and the Hermes Agent and agreed on the signing hereof and as specified in paragraph 42 of Schedule 4;

  • Bilateral Agreement means the Canada-Ontario Integrated Bilateral Agreement for the Investing in Canada Infrastructure Program entered into between Canada and Her Majesty the Queen in right of Ontario, effective as of March 26, 2018, as amended.

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

  • 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 Schedule means Schedule 3 attached hereto.

  • 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.

  • 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.

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • Health-care-insurance receivable means an interest in or claim under a policy of insurance which is a right to payment of a monetary obligation for health-care goods or services provided.

  • PJM Reliability Assurance Agreement means that certain Reliability Assurance Agreement Among Load Serving Entities in the PJM Region, on file with FERC as PJM Interconnection L.L.C. Rate Schedule FERC No. 44, and as amended from time to time thereafter. Schedule of Work:

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