I&L Agreement definition

I&L Agreement means the interests and liabilities agreement evidencing a Reinsurer's interests and liabilities with respect to its quota share of 100% of the risk ceded by the Insurer pursuant to the Quota Share Contract, and into which the Quota Share Contract is incorporated upon the signing by the (a) Reinsurer of the I&L Agreement, and (b) Insurer of both the Quota Share Contract and the I&L Agreement.
Sample 1Sample 2Sample 3

Examples of I&L Agreement in a sentence

  • Any award of money damages in such proceeding shall be consistent with the Reinsurer's pro rata share of liability as set forth in this Contract, the I&L Agreement and the Endorsement.

  • Any dispute arising out of or in connection with this Contract, the Policy, the I&L Agreement, the Endorsement and the Trust Agreement (the "Reinsurance Documents") shall be settled in a proceeding brought in the United States District Court for the Eastern District of Virginia.

  • This Contract, as incorporated into the I&L Agreement as set forth in Article 1 - BUSINESS COVERED & QUOTA SHARE CESSION; CONTRACTUAL FRAMEWORK, is solely between the Company and the Reinsurer.

  • The Quota Share Contract shall be reviewed and approved by the Insured, as an express intended third-party beneficiary thereunder, and the Insurer hereby agrees that the Quota Share Contract and each I&L Agreement may not be amended without the prior written consent of the Insured.

  • All other terms and conditions of the I&L Agreement, the Policy and the Contract remain unchanged.

  • Calculate the “Future Modeled Loss Amount,” which is the sum of the following product for each Reference Tranche: (i) the applicable Gross Insured Tranche Modeled Loss, (ii) the applicable Insured Percentage of the Insurer and (iii) the applicable Reinsurer’s Insured Percentage from the applicable I&L Agreement.

  • Wabash Chicago, IL Agreement#: 15016562P00 Hippity Hop Tiny Tots 11223 S.

  • India is already following such principles in the context of the TBT Agreement, the SPS Agreement and the IL Agreement.

  • This is critical for effective and efficient control as well as trade facilitation.” III.2.1.7 Relevance of TBT Agreement, SPS Agreement and IL Agreement Most of the suggestions made on improvements in Article VIII emanate from the existing WTO Agreements like Technical Barriers to Trade, the Agreement on Sanitary and Phytosanitary Measures and the Agreement on Import Licensing Procedures.

  • Halsted Chicago, IL Agreement#: 15016008P00 Itsy Bitsy People Palace, Inc 7419 S.

Related to I&L Agreement

  • Reciprocal agreement means an agreement between this state and a higher education compact or 1 or more other states that allows participating colleges to provide distance education to residents of this state and other member states under this act.

  • SPS Agreement means the Agreement on the Application of Sanitary and Phytosanitary Measures which is a part of the WTO Agreement; Subheading means the first six digits in the tariff classification number under the HS; Territory means:

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;

  • Connection Agreement means an agreement entered into between a distributor and a person connected to its distribution system that delineates the conditions of the connection and delivery of electricity to or from that connection;

  • IP Assignment Agreement has the meaning set forth in Section 3.2(a)(iii).

  • Implementation Agreement means the Implementation Agreement dated ……… by and between the GOB, PGCB and the Company in connection with the Project, and also includes any amendment of it made from time to time;

  • Lock-Up Agreement means the Lock-Up Agreement, dated as of the date hereof, by and among the Company and the directors and officers of the Company, in the form of Exhibit B attached hereto.