Third Party Reinsurance Agreements definition

Third Party Reinsurance Agreements means any written reinsurance agreements under which Ceding Company has ceded liabilities with respect to the Policies, other than this Agreement.

Third Party Reinsurance Agreements means the reinsurance agreements identified on Schedule 1.1 (D) hereto under which the Company has ceded liabilities to non-Affiliated reinsurers with respect to the Policies.

Third Party Reinsurance Agreements means ceded reinsurance related to the Subject Business other than the Existing Quota Share Agreements.

Examples of Third Party Reinsurance Agreements in a sentence

• Notwithstanding any other provision of this Administrative Services Agreement to the contrary, no Party shall have authority to commute any Third Party Reinsurance Agreements which relates to the Business Covered without the written consent of the other Party.

• With prior notice to the applicable Reinsureds, Administrator shall have the authority to secure any letter of credit or other funds held as appropriate under third party contracts and draw upon any letter of credit, trust, funds withheld, offset or take any action in the name of Reinsureds in relation to any collateral security maintained in the name, or on behalf, of such Reinsureds under the Third Party Reinsurance Agreements.

• The Parties acknowledge that amounts recoverable under the Third Party Reinsurance Agreements will be allocable to Administrator for the Business Covered and to the Reinsureds for all other claims in accordance with the terms of the Third Party Reinsurance Allocation Agreement.

• If, in the ordinary course of operations, Administrator determines that there exists any material operational concerns or failures with respect to any of the Reinsured Contracts or Third Party Reinsurance Agreements, Administrator shall notify Reinsureds and, in consultation with Reinsureds, take all reasonable actions necessary to bring such Reinsured Contracts and/or Third Party Reinsurance Agreements into operational compliance.

• In addition, Administrator, upon Reinsureds’ reasonable request, shall promptly provide to such Reinsureds copies of all existing records relating to the Reinsured Contracts and Third Party Reinsurance Agreements (including, with respect to records maintained in machine readable form, hard copies) that are necessary to satisfy such requirements.

More Definitions of Third Party Reinsurance Agreements

Third Party Reinsurance Agreements means (i) the Financial Security Master Facultative Agreement, and all individual risk cessions thereunder and (ii) the EIB Policies.

Third Party Reinsurance Agreements means reinsurance agreements, other than this Reinsurance Agreement and reinsurance agreements solely between or among CNA Affiliates, whereby any Reinsured or CNA Insurer has ceded the Business Covered, and which agreements have not been voided or commuted.

Third Party Reinsurance Agreements is defined in Section 3.25

Third Party Reinsurance Agreements means all reinsurance agreements to which the Seller is a party and pursuant to which it cedes a portion of its risk under the Policies (other than the Asset Transfer Agreement and the Related Agreements). Exhibit B FORM OF CONTRACTHOLDER NOTICE ACACIA NATIONAL LIFE INSURANCE COMPANY ____________, 2002 [Contractholder address] Re: [Policy Number] [Name of Contractholder] Dear Contractholder:

Third Party Reinsurance Agreements means ceded reinsurance related to the Underlying Business other than the Existing Quota Share Agreement and this Agreement. "Third Party Reinsurance Recoverables" means recoveries under Thi rd Party Reinsurance Agreements with respect to the Underlying Business, whether actually collected or not, by or on behalf of Maiden Re. "Transaction Agreements" means th is Agreement, the Master Agreement, the Existing Quota Share Agreement, the Master Collateral Agreement and any Letters of Credit (as defined in the Master Collateral A1:,rreement). "Transfer Taxes" means any and all sales, use, value added, stamp, documenta1y, filing, recording, transfer, real estate, stock transfer, intangible property transfer, personal property transfer, gross receipts, registration, securities transactions, conveyance and notarial Taxes, and similar fees, Taxes and governmental charges (together with any interest, penalty, addition to Tax, and additional amount imposed in respect thereof) arising out of or in connection with the transactions contemplated by the Master Agreement. "Ultimate Net Loss" means (i) Covered Losses actuall y paid by or on behalf of Maiden Re, plus (i i) Commuted Covered Losses paid or settled by A!I or its Affi liates, plus (iii) Other Commuted Covered Losses, less (iv) Recoverables actually collected with respect to Covered Losses by or on behalf of Maiden Re, less (v) Third Party Reinsurance Recoverables with respect to Covered Losses. "Underl ying Business" means "Covered Business" as such tenn is defi xxx in the Existing Quota Share Agreement. 6

Third Party Reinsurance Agreements means all agreements pursuant to which the Company cedes or retrocedes risks assumed under the Reinsured Contracts.

Third Party Reinsurance Agreements mean the reinsurance agreements identified by Purchaser on Schedule 5.32 hereto under which Sellers have ceded liabilities to non-Affiliated reinsurers with respect to the Policies, which Schedule 5.32 may be supplemented by Purchaser, without any requirement for consent by Sellers, within thirty (30) calendar days of the Contract Date.