Common use of CONDITIONAL RECEIPT OR TEMPORARY INSURANCE AGREEMENT Clause in Contracts

CONDITIONAL RECEIPT OR TEMPORARY INSURANCE AGREEMENT. Reinsurance coverage under a Conditional Receipt or Temporary Insurance Agreement is limited to the Reinsurer's share of amounts within the Conditional Receipt or Temporary Insurance Agreement specified in Exhibit C. The Reinsurer will accept liability provided that: a. the Reinsurer has reviewed and approved the Conditional Receipt form or Temporary Insurance Agreement; and b. the risk is eligible for Automatic reinsurance under this Agreement; or the Reinsurer has made a Facultative offer and the Ceding Company would have accepted that offer based on the allocation rules for placement of Facultative cases in Exhibit H; and c. the Ceding Company, its agents, or representatives have followed its normal cash-with-application procedures for such coverage.

CONDITIONAL RECEIPT OR TEMPORARY INSURANCE AGREEMENT. Reinsurance coverage under a Conditional Receipt or Temporary Insurance Agreement is limited to the Reinsurer's ’s share of amounts within the Conditional Receipt or Temporary Insurance Agreement specified in Exhibit C. The Reinsurer will accept liability provided that: a. the Reinsurer has reviewed and approved the Conditional Receipt form or Temporary Insurance Agreement; and b. the risk is eligible for Automatic reinsurance under this Agreement; or the Reinsurer has made a Facultative offer and the Ceding Company would have accepted that offer based on the allocation rules for placement of Facultative cases in Exhibit H; and c. the Ceding Company, including its agents, or /representatives have has followed its normal cash-with-application procedures for such coverage.

CONDITIONAL RECEIPT OR TEMPORARY INSURANCE AGREEMENT. Reinsurance coverage under a Conditional Receipt or Temporary Insurance Agreement is limited to the Reinsurer's share of amounts within the Conditional Receipt or Temporary Insurance Agreement specified in Exhibit C. The Reinsurer will accept liability provided that: a. the Reinsurer has reviewed and approved the Conditional Receipt form or Temporary Insurance Agreement; and b. the risk is Is eligible for Automatic reinsurance under this Agreement; or the Reinsurer has made a Facultative offer and the Ceding Company would have accepted that offer based on the allocation rules for placement of Facultative cases in Exhibit H; and c. the Ceding Company, its agents, or representatives have followed its normal cash-with-application procedures for such coverage.