Common use of Right of Offset Clause in Contracts

Right of Offset. The Company and the Reinsurer will have the right to offset any balance or balances whether on account of premiums, allowances or claims due from one party to the other, under this Agreement or under any other reinsurance agreement between the Company and the Reinsurer. The right of offset will not be affected or diminished because of the insolvency of either party.

Right of Offset. The Company and the Reinsurer will have the right to offset any balance or balances undisputed balances, whether on account of premiums, allowances allowances, credits, claims or claims otherwise due from one party to the other, other under this Agreement or under any other reinsurance agreement between the Company and the Reinsurer. The right rights provided under this Article are in addition to any rights of offset will not that may exist at common law. The parties’ offset rights may be affected or diminished because enforced notwithstanding any other provision of this Agreement including, without limitation, the insolvency provisions of either partyArticle 11.

Right of Offset. The Company and the Reinsurer will have the right to offset any balance or balances balances, whether on account of premiums, allowances allowances, credits, claims or claims otherwise due from one party to the other, other under this Agreement or under any other reinsurance agreement between the Company and the Reinsurer. The right rights provided under this Article are in addition to any rights of offset will not that may exist at common law. The parties’ offset rights may be affected or diminished because enforced notwithstanding any other provision of this Agreement including, without limitation, the insolvency provisions of either partyArticle 11.

Right of Offset. The Company and the Reinsurer will have the right to offset any balance or balances undisputed balances, whether on account of premiums, allowances allowances, credits, claims or claims otherwise due from one party to the other, other under this Agreement or under any other reinsurance agreement between the Company and the Reinsurer. The right rights provided under this Article are in addition to any rights of offset will not that may exist at common law. The parties' offset rights may be affected or diminished because enforced notwithstanding any other provision of this Agreement including, without limitation, the insolvency provisions of either partyArticle 11.

Right of Offset. The Both the Company and the Reinsurer will have shall have, and may exercise at any time, the right to offset any balance or balances due the other. Such offset may include balances due under this Agreement, regardless of whether on account such balances are in respect of premiums, allowances or claims due from one party to losses or otherwise, and regardless of the othercapacity of any party, whether as reinsurer or reinsured or otherwise, under this Agreement or under any other reinsurance agreement between the Company and the Reinsurervarious agreements involved. The right of offset will not be affected or diminished because of the insolvency of either party.15.11

Right of Offset. The Both the Company and the Reinsurer will have shall have, and may exercise, at any time the right to offset any balance or balances whether on account of premiums, allowances or claims due from one party to the other, . Such offset may only include balances due under this Agreement or under and any other reinsurance agreement agreements heretofore or hereafter entered into between the Company and the Reinsurer. The right , regardless of offset will not be affected whether such balances are in respect of premiums, or diminished because losses or otherwise, and regardless of the insolvency capacity of either any party, whether as reinsurer or reinsured, under the various agreements involved.

Right of Offset. The Company and the Reinsurer will have the right to offset any balance or balances balances, whether on account of premiums, allowances allowances, credits, claims or claims otherwise due from one party to the other, other under this Agreement or under any other reinsurance agreement between the Company and the Reinsurer. The right of offset will not be affected or diminished because of the insolvency of either party.

Right of Offset. The Company and the Reinsurer will have the right to offset any balance or balances balances, whether on account of premiums, allowances allowances, credits, claims or claims otherwise due from one party to the other, other under this Agreement or under any other reinsurance agreement between the Company and the Reinsurer. The right rights provided under this Article are in addition to any rights of offset will not that may exist at common law. The parties' offset rights may be affected or diminished because enforced notwithstanding any other provision of this Agreement including, without limitation, the insolvency provisions of either partyArticle 11.

Right of Offset. The Company and the Reinsurer will have the right to offset any balance or balances balances, whether on account of premiums, allowances allowances, credits. claims or claims otherwise due from one party to the other, other under this Agreement or under any other reinsurance agreement between the Company and the Reinsurer. The right rights provided under this Article are in addition to any rights of offset will not that may exist at common law. The parties' offset rights may be affected or diminished because enforced notwithstanding any other provision of this Agreement including, without limitation. the insolvency provisions of either partyArticle 11.

Right of Offset. The Both the Company and the Reinsurer will have shall have, and may exercise, at any time the right to offset any balance or balances whether on account of premiums, allowances or claims due from one party to the other, . 16 16 Such offset may only include balances due under this Agreement or under and any other reinsurance agreement agreements heretofore or hereafter entered into between the Company and the Reinsurer. The right , regardless of offset will not be affected whether such balances are in respect of premiums, or diminished because losses or otherwise, and regardless of the insolvency capacity of either any party, whether as reinsurer or reinsured, under the various agreements involved.

Right of Offset. The Both the Company and the Reinsurer will have shall have, and may exercise at any time, the right to offset any balance or balances whether on account of premiums, allowances or claims due from one party to the other, . Such offset may include balances due under this Agreement or under and any other reinsurance agreement agreements heretofore or hereafter entered into between the Company and the Reinsurer. The right , regardless of offset will not be affected whether such balances are in respect of premiums, or diminished because losses or otherwise, and regardless of the insolvency capacity of either any party, whether as reinsurer or reinsured or otherwise, under the various agreements involved.

Right of Offset. The Both the Company and the Reinsurer will have shall have, and may exercise at any time, the right to offset any balance or balances due the other. Such offset may include balances due under this Agreement, regardless of whether on account such balances are in respect of premiums, allowances or claims due from one party to losses or otherwise, and regardless of the othercapacity of any party, whether as reinsurer or reinsured or otherwise, under this Agreement or under any other reinsurance agreement between the Company and the Reinsurervarious agreements involved. The right of offset will not be affected or diminished because of the insolvency of either party.