Initial Consideration. To the extent not already reflected in the calculation of Final Section B Premium, as part of the Section B (Prospective) Coverage Period premiums described in Section 4.02, Retrocessionaire shall reimburse Retrocedant for one hundred percent (100%) of any and all unearned premiums paid by Retrocedant under such Inuring Retrocessions net of any applicable unearned ceding commissions paid to Retrocedant thereunder.
Appears in 20 contracts
Samples: Share Retrocession Agreement (Platinum Underwriters Holdings LTD), Share Retrocession Agreement (Platinum Underwriters Holdings LTD), Share Retrocession Agreement (Platinum Underwriters Holdings LTD)
Initial Consideration. To the extent not already reflected in the calculation of Final Section B Premium, as part of the Section B (Prospective) Coverage Period premiums described in Section 4.024.2, Retrocessionaire shall reimburse Retrocedant for one hundred percent (100%) of any and all unearned premiums paid by Retrocedant under such Inuring Retrocessions net of any applicable unearned ceding commissions paid to Retrocedant thereunder.
Appears in 4 contracts
Samples: Retrocession Agreement (Platinum Underwriters Holdings LTD), Retrocession Agreement (Platinum Underwriters Holdings LTD), Quota Share Retrocession Agreement (Platinum Underwriters Holdings LTD)
Initial Consideration. To the extent not already reflected in the calculation of Final Section B Premium, as a part of the Section B (Prospective) Coverage Period premiums described in Section 4.02, Retrocessionaire shall reimburse Retrocedant for one hundred percent (100%) of any and all unearned premiums paid by Retrocedant under such Inuring Retrocessions net of any applicable unearned ceding commissions paid to Retrocedant thereunder.
Appears in 2 contracts
Samples: Share Retrocession Agreement (Platinum Underwriters Holdings LTD), Share Retrocession Agreement (Platinum Underwriters Holdings LTD)