Retrocessionaire definition
Examples of Retrocessionaire in a sentence
The Ceding Company shall deliver such Personal Information directly to the Retrocessionaire, or its Third Party or Representative designee recipient, as the case may be, and no such Personal Information shall be delivered to the Reinsurer, its Representatives or Affiliates on behalf of the Retrocessionaire, directly or indirectly.
Without limiting the generality of the foregoing, each Party agrees to provide to the other on or before the date hereof an accurate and complete copy of IRS Form W-9, or in the case of Retrocessionaire IRS Form W-8BEN-E, and shall deliver renewals or additional copies of such forms (or successor forms) to the other Parties on or before the date that such forms expire or become obsolete.
The Ceding Company shall not provide or otherwise disclose any Personal Information to the Reinsurer, its Representatives or its Affiliates unless specifically requested by the Reinsurer, in which case the Ceding Company shall provide such requested Personal Information to the Reinsurer on the same terms and conditions as such information may be provided to the Retrocessionaire under this Section 11.10(b).
For the avoidance of doubt, nothing in this Section 8.3 shall confer to the Ceding Company the ability to make claims against the Retrocessionaire for Indemnifiable Losses that are indemnifiable to the Ceding Company pursuant to Section 8.1; provided that, for clarity, the parties hereby agree that all Indemnifiable Losses resulting from a failure to perform or breach of the Retrocessionaire Provisions (other than by the Ceding Company) shall be indemnifiable pursuant to this Section 8.3.
For the avoidance of doubt, the Reinsurer shall not be responsible for any Security Incident that occurs at the Retrocessionaire (including, but not limited to, providing notice to the Ceding Company).