Common use of Funds Withheld Clause in Contracts

Funds Withheld. The Ceding Company and the Reinsurer have entered into the "Accounts Receivable Agreement" attached to this Agreement as

Appears in 1 contract

Samples: Reinsurance Agreement (North American Security Life Insurance Co)

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Funds Withheld. The Ceding Company and the Reinsurer have entered into the "Accounts Receivable Agreement" attached to this Agreement asas Exhibit A. Pursuant to the terms of the Accounts Receivable Agreement, the Ceding Company will withhold on behalf

Appears in 1 contract

Samples: Reinsurance Agreement (North American Security Life Insurance Co)

Funds Withheld. The Ceding Company and the Reinsurer have entered into the "Accounts Receivable Agreement" attached to this Agreement asas Exhibit A. Pursuant to the terms of the Accounts Receivable Agreement, the Ceding Company will withhold on behalf of the Reinsurer the amounts described in Paragraphs 1 and 2 above. The amount withheld by the Ceding Company will be credited to the Reinsurer and will be considered as an amount held on behalf of the

Appears in 1 contract

Samples: Reinsurance Agreement (Manufacturers Life Insurance Co of North America Sep Acc A)

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Funds Withheld. The Ceding Company and the Reinsurer have entered into the "Accounts Receivable Agreement" attached to this Agreement asas Exhibit A. Pursuant to the terms of the Accounts Receivable Agreement,

Appears in 1 contract

Samples: Reinsurance Agreement (Manufacturers Life Insurance Co of North America Sep Acc A)

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