Examples of Retrocessionaire in a sentence
The Company requires that each third-party representative of the Reinsurer and each Retrocessionaire agree, in writing, to be bound by this Confidentiality Article or by a separate written confidentiality agreement, containing terms no less stringent than those set forth in this Article.
The Reinsurer shall be responsible for any breach of this provision by any third-party representatives of the Reinsurer or any person to which risks arising out of this Contract are retroceded (each a "Retrocessionaire").
Retrocedant agrees to indemnify, defend and hold harmless Retrocessionaire, and its officers, directors and employees with respect to any and all Losses arising from any breach by Retrocedant of any representation, warranty or covenant herein.
All expenses of establishing and maintaining any letter of credit or other security arrangement shall be paid by Retrocessionaire.
Similarly, from and after the Closing Date, Retrocessionaire shall afford to Retrocedant, any Post-closing Subsidiary of Retrocedant and their respective Representatives reasonable access (including using commercially reasonable best efforts to give access to Persons possessing information) during normal business hours to Information within Retrocessionaire's possession relating to Retrocedant, insofar as such information is reasonably required by Retrocedant.