COMMENCEMENT AND TERMINATION OF LIABILITY. A. On liabilities ceded under the terms of this Agreement, the liability of the Reinsurer shall commence simultaneously with that of the Cedent.
COMMENCEMENT AND TERMINATION OF LIABILITY. A. On automatic reinsurance ceded under the terms of this Agreement, the liability of the REINSURER shall commence simultaneously with that of the CEDING COMPANY. In addition, coverage shall be extended to claims occurring within the conditional receipt or temporary insurance agreement period, PROVIDED that such coverage satisfies the conditions set forth in Article I, paragraph D “Automatic Coverage”. The amount of the REINSURER’s liability will be its quota share percentage of the lesser of the Conditional Receipt Amount or the Temporary Reinsurance Agreement.
COMMENCEMENT AND TERMINATION OF LIABILITY. 2 Article III.
COMMENCEMENT AND TERMINATION OF LIABILITY. A. On liabilities retroceded under the terms of this Agreement, the liability of the Retrocessionaire shall commence simultaneously with that of the Retrocedent.
COMMENCEMENT AND TERMINATION OF LIABILITY. 2 [redacted] Article III. Oversights and Clerical Errors.............................. 3 [redacted] Article IV. Net Amount at Risk.......................................... 4 [redacted] Article V. Reinsurance Premiums........................................ 6 [redacted]
COMMENCEMENT AND TERMINATION OF LIABILITY. When a policy on which reinsurance has been accepted by NALAC is paid for, the Ceding Company shall promptly mail to NALAC a reinsurance cession form, in duplicate, in substantial accord with Schedule B, one copy of which shall be signed by NALAC and returned as evidence of the reinsurance. The liability of NALAC on facultative reinsurance offers that are accepted and acknowledged by the Ceding Company shall commence and terminate simultaneously with that of the Ceding Company notwithstanding the other provisions of this agreement. The reinsurance shall be subject to the same terms and conditions as the policy issued by the Ceding Company to the insured – excluding the provisions governing dividends, policy loans and settlement options.
COMMENCEMENT AND TERMINATION OF LIABILITY. 1. On automatic reinsurance and on facultative reinsurance accepted by North American Re, the liability of North American Re shall commence and terminate simultaneously with that of the Company unless terminated as provided for in Article VIII or Article XV of this Agreement.
COMMENCEMENT AND TERMINATION OF LIABILITY. 4. On automatic reinsurance and on facultative reinsurance accepted by North American Re, provided that in the case of facultative Group Excess with Evidence, the Company has accepted, during the lifetime of the insured involved, a facultative offer made by North American Re, the liability of North American Re shall commence and terminate simultaneously with that of the Company unless terminated as provided for in Article VIII or Article XV of this Agreement. Oversights
COMMENCEMENT AND TERMINATION OF LIABILITY. 1. The liability of the Reinsurer on reinsurance ceded hereunder shall commence on the later of the Effective Date and the date the liability of the Company commences.
COMMENCEMENT AND TERMINATION OF LIABILITY. (Continued)
