Common use of Electronic Data Processing Media Valuation Clause in Contracts

Electronic Data Processing Media Valuation. Notwithstanding any provision to the contrary within the Contract or any endorsement thereto, it is understood and agreed as follows:- Should electronic data processing media insured by this Contract suffer physical loss or damage insured by this Contract, then the basis of valuation shall be the cost of the blank media plus the costs of copying the ELECTRONIC DATA from back-up or from originals of a previous generation. These costs will not include research and engineering nor any costs of recreating, gathering or assembling such ELECTRONIC DATA. If the media is not repaired, replaced or restored the basis of valuation shall be the cost of the blank media. However this Contract does not insure any amount pertaining to the value of such ELECTRONIC DATA to the Assured or any other party, even if such ELECTRONIC DATA cannot be recreated, gathered or assembled. N.M.A. 2915 (25.1.01) Form approved by Lloyd’s Underwriters’ Non-Marine Association Limited ACE Tempest Reinsurance Ltd. 30.0% Axis Specialty Limited 25.0 Lloyd’s Underwriters Per Signing Schedules 10.0 Total 65.0% part of 100% share in the interests and liabilities of the “Reinsurer” ACE Tempest Reinsurance Ltd. 30.0% Axis Specialty Limited 24.0 Sirius International Insurance Corporation 1.0 Lloyd’s Underwriters Per Signing Schedules 10.0 Total 65.0% part of 100% share in the interests and liabilities of the “Reinsurer” ACE Tempest Reinsurance Ltd. 30.0% Axis Specialty Limited 23.5 Sirius International Insurance Corporation 1.5 Lloyd’s Underwriters Per Signing Schedules 10.0 Total 65.0% part of 100% share in the interests and liabilities of the “Reinsurer” ACE Tempest Reinsurance Ltd. 30.0% Axis Specialty Limited 23.5 Sirius International Insurance Corporation 1.5 Lloyd’s Underwriters Per Signing Schedules 10.0 Total 65.0% part of 100% share in the interests and liabilities of the “Reinsurer” ACE Tempest Reinsurance Ltd. Hamilton, Bermuda (hereinafter referred to as the “Subscribing Reinsurer”) The Subscribing Reinsurer hereby accepts the following percentage shares in the interests and liabilities of the “Reinsurer” as set forth in the attached Contract captioned above:

Appears in 1 contract

Sources: Excess Catastrophe Reinsurance Contract (Philadelphia Consolidated Holding Corp)

Electronic Data Processing Media Valuation. Notwithstanding any provision to the contrary within the Contract or any endorsement thereto, it is understood and agreed as follows:- Should electronic data processing media insured by this Contract suffer physical loss or damage insured by this Contract, then the basis of valuation shall be the cost of the blank media plus the costs of copying the ELECTRONIC DATA from back-up or from originals of a previous generation. These costs will not include research and engineering nor any costs of recreating, gathering or assembling such ELECTRONIC DATA. If the media is not repaired, replaced or restored the basis of valuation shall be the cost of the blank media. However this Contract does not insure any amount pertaining to the value of such ELECTRONIC DATA to the Assured or any other party, even if such ELECTRONIC DATA cannot be recreated, gathered or assembled. N.M.A. NMA 2915 (25.1.01) Form approved by Lloyd’s Underwriters’ Non-Marine Association 07IL\P2Z1059 Ariel Reinsurance Company Limited ACE Tempest 10.00 % Everest Reinsurance Company 56.00 Flagstone Reinsurance Limited 14.00 Swiss Reinsurance America Corporation 7.00 Validus Reinsurance, Ltd. 30.0% Axis Specialty Limited 25.0 10.00 Lloyd’s Underwriters Per Signing Schedules 10.0 Total 65.0% part Schedule 3.00 07IL\P2Z1059 Page 1 of 100% share in the interests and liabilities of the “Reinsurer” 6 ACE Tempest Reinsurance Ltd. 30.05.00 % Axis Ariel Reinsurance Company Limited 10.00 Aspen Insurance Limited 10.00 AXIS Specialty Limited 24.0 Sirius International 2.00 Everest Reinsurance Company 20.00 Flagstone Reinsurance Limited 10.00 General Reinsurance Corporation 7.50 GMAC Re Corporation (for Motors Insurance Corporation) 3.50 Hannover Re (Bermuda), Ltd. 2.50 Swiss Reinsurance America Corporation 1.0 7.00 Transatlantic Reinsurance Company 7.50 Validus Reinsurance, Ltd. 10.00 AXA RE 2.00 Lloyd’s Underwriters Per Signing Schedules 10.0 Total 65.0Schedule 3.00 07IL\P2Z1059 Page 2 of 6 Allied World Assurance Company Limited 6.00 % part of 100% share in the interests and liabilities of the “Reinsurer” ACE Tempest American Agricultural Insurance Company 1.00 Ariel Reinsurance Ltd. 30.0% Axis Company Limited 10.00 Aspen Insurance Limited 5.00 AXIS Specialty Limited 23.5 Sirius International Insurance 2.00 Flagstone Reinsurance Limited 14.00 General Reinsurance Corporation 1.5 Lloyd’s Underwriters Per Signing Schedules 10.0 Total 65.0% part of 100% share in the interests and liabilities of the “Reinsurer” ACE Tempest Reinsurance Ltd. 30.0% Axis Specialty Limited 23.5 Sirius International Insurance Corporation 1.5 Lloyd’s Underwriters Per Signing Schedules 10.0 Total 65.0% part of 100% share in the interests and liabilities of the “Reinsurer” ACE Tempest Reinsurance Ltd. Hamilton, Bermuda (hereinafter referred to as the “Subscribing Reinsurer”) The Subscribing Reinsurer hereby accepts the following percentage shares in the interests and liabilities of the “Reinsurer” as set forth in the attached Contract captioned above:10.00

Appears in 1 contract

Sources: Excess Catastrophe Reinsurance Contract (Philadelphia Consolidated Holding Corp)

Electronic Data Processing Media Valuation. Notwithstanding any provision to the contrary within the Contract or any endorsement thereto, it is understood and agreed as follows:- Should electronic data processing media insured by this Contract suffer physical loss or damage insured by this Contract, then the basis of valuation shall be the cost of the blank media plus the costs of copying the ELECTRONIC DATA from back-up or from originals of a previous generation. These costs will not include research and engineering nor any costs of recreating, gathering or assembling such ELECTRONIC DATA. If the media is not repaired, replaced or restored the basis of valuation shall be the cost of the blank media. However this Contract does not insure any amount pertaining to the value of such ELECTRONIC DATA to the Assured or any other party, even if such ELECTRONIC DATA cannot be recreated, gathered or assembled. N.M.A. 2915 (25.1.01) Form approved by Lloyd’s Underwriters’ Non-Marine Association Limited ACE Tempest Montpelier Reinsurance Ltd. 30.0Limited 9.000 % Axis Specialty Limited 25.0 Lloyd’s Platinum Underwriters Per Signing Schedules 10.0 Total 65.0% part of 100% share in the interests and liabilities of the “Reinsurer” ACE Tempest Reinsurance, Inc. 4.000 PXRE Reinsurance Ltd. 30.0% Axis Specialty Limited 24.0 Company 4.000 Swiss Re Underwriters Agency, Inc. (for Swiss Reinsurance America Corporation) 10.000 Munchener Ruckversicherungs-Gesellschaft 4.000 Sirius International Insurance Corporation 1.0 1.000 Lloyd’s Underwriters and Companies Per Signing Schedules 10.0 Total 65.0% part of 100% share in the interests and liabilities of the “Reinsurer” ACE Tempest Schedule(s) 68.000 American Re-Insurance Company, A Delaware Corporation 4.250 General Reinsurance Ltd. 30.0% Axis Specialty Corporation 16.000 Montpelier Reinsurance Limited 23.5 9.000 Platinum Underwriters Reinsurance, Inc. 2.000 PXRE Reinsurance Company 3.000 Swiss Re Underwriters Agency, Inc. (for Swiss Reinsurance America Corporation) 8.500 Munchener Ruckversicherungs-Gesellschaft 4.000 Sirius International Insurance Corporation 1.5 1.500 Lloyd’s Underwriters and Companies Per Signing Schedules 10.0 Total 65.0Schedule(s) 51.750 American Re-Insurance Company, A Delaware Corporation 10.000 % part of 100% share in the interests and liabilities of the “Reinsurer” ACE Tempest General Reinsurance Corporation 13.333 Hannover Re (Bermuda), Ltd. 30.0% Axis Specialty 7.500 Montpelier Reinsurance Limited 23.5 10.000 Platinum Underwriters Reinsurance, Inc. 4.667 PXRE Reinsurance Company 3.000 Swiss Re Underwriters Agency, Inc. (for Swiss Reinsurance America Corporation) 10.000 Munchener Ruckversicherungs-Gesellschaft 6.000 Sirius International Insurance Corporation 1.5 1.500 Lloyd’s Underwriters and Companies Per Signing Schedules 10.0 Total 65.0Schedule(s) 34.000 American Re-Insurance Company, A Delaware Corporation 10.000 % part of 100% share in the interests Hannover Re (Bermuda), Ltd. 15.000 Montpelier Reinsurance Limited 10.000 Platinum Underwriters Reinsurance, Inc. 4.500 Tokio Millennium Re Ltd. 17.265 Munchener Ruckversicherungs-Gesellschaft 6.000 Sirius International Insurance Corporation 3.000 Lloyd’s Underwriters and liabilities of the “Reinsurer” ACE Tempest Reinsurance Ltd. Hamilton, Bermuda Companies Per Signing Schedule(s) 34.235 American Re-Insurance Company A Delaware Corporation (hereinafter referred to as the “Subscribing Reinsurer”) The Subscribing Reinsurer hereby accepts the following percentage shares in the interests and liabilities of the “Reinsurer” as set forth in the attached Contract captioned above:: 0% of the First Excess Catastrophe Reinsurance 4.250% of the Second Excess Catastrophe Reinsurance 10.000% of the Third Excess Catastrophe Reinsurance

Appears in 1 contract

Sources: Excess Catastrophe Reinsurance Contract (Philadelphia Consolidated Holding Corp)

Electronic Data Processing Media Valuation. Notwithstanding any provision to the contrary within the Contract or any endorsement thereto, it is understood and agreed as follows:- Should electronic data processing media insured by this Contract suffer physical loss or damage insured by this Contract, then the basis of valuation shall be the cost of the blank media plus the costs of copying the ELECTRONIC DATA from back-up or from originals of a previous generation. These costs will not include research and engineering nor any costs of recreating, gathering or assembling such ELECTRONIC DATA. If the media is not repaired, replaced or restored the basis of valuation shall be the cost of the blank media. However this Contract does not insure any amount pertaining to the value of such ELECTRONIC DATA to the Assured or any other party, even if such ELECTRONIC DATA cannot be recreated, gathered or assembled. N.M.A. 2915 (25.1.01) Form approved by Lloyd’s Underwriters’ Non-Marine Association Limited ACE Tempest Reinsurance Ltd. 30.05.0 % Axis Specialty Limited 25.0 10.0 Everest Reinsurance Company 10.0 Folksamerica Reinsurance Company 4.0 PXRE Reinsurance Company 5.0 Renaissance Reinsurance, Ltd. 10.0 Swiss Re Underwriters Agency, Inc. (for Swiss Reinsurance America Corporation) 10.0 Swiss Reinsurance America Corporation 10.0 Transatlantic Reinsurance Company 8.0 XL Re Ltd 5.0 Munchener Ruckversicherungs-Gesellschaft 2.5 Lloyd’s Underwriters and Companies Per Signing Schedules 10.0 Total 65.0% part of 100% share in the interests and liabilities of the “Reinsurer” Schedule(s) 20.5 ACE Tempest Reinsurance Ltd. 30.05.0 % American Re-Insurance Company, A Delaware Corporation 9.0 Axis Specialty Limited 24.0 Sirius International Insurance 3.0 Everest Reinsurance Company 5.0 Folksamerica Reinsurance Company 3.0 General Reinsurance Corporation 1.0 10.0 Hannover Re (Bermuda), Ltd. 2.0 Partner Reinsurance Company 6.5 PXRE Reinsurance Company 1.5 Renaissance Reinsurance, Ltd. 4.0 Swiss Re Underwriters Agency, Inc. (for Swiss Reinsurance America Corporation) 10.0 Swiss Reinsurance America Corporation 4.0 Transatlantic Reinsurance Company 10.0 XL Re Ltd 3.0 Munchener Ruckversicherungs-Gesellschaft 10.0 Lloyd’s Underwriters and Companies Per Signing Schedules Schedule(s) 14.0 American Re-Insurance Company, A Delaware Corporation 10.0 Total 65.0% part of 100% share in the interests and liabilities of the “Reinsurer” ACE Tempest Everest Reinsurance Company 10.0 Folksamerica Reinsurance Company 4.0 General Reinsurance Corporation 8.0 Hannover Re (Bermuda), Ltd. 30.0% Axis Specialty Limited 23.5 Sirius International Insurance 3.0 Partner Reinsurance Company 12.5 PXRE Reinsurance Company 2.0 Swiss Reinsurance America Corporation 1.5 6.5 Transatlantic Reinsurance Company 15.0 XL Re Ltd 5.0 Munchener Ruckversicherungs-Gesellschaft 10.0 Lloyd’s Underwriters and Companies Per Signing Schedules Schedule(s) 14.0 American Re-Insurance Company, A Delaware Corporation 10.0 Total 65.0% part of 100% share in the interests and liabilities of the “Reinsurer” ACE Tempest Folksamerica Reinsurance Company 3.0 Hannover Re (Bermuda), Ltd. 30.0% Axis Specialty Limited 23.5 Sirius International Insurance 5.0 PXRE Reinsurance Company 2.5 Swiss Re Underwriters Agency, Inc. (for Swiss Reinsurance America Corporation) 10.0 Swiss Reinsurance America Corporation 1.5 7.0 Tokio Millennium Re Ltd. 15.0 Transatlantic Reinsurance Company 20.0 XL Re Ltd 5.0 Munchener Ruckversicherungs-Gesellschaft 7.5 Lloyd’s Underwriters and Companies Per Signing Schedules 10.0 Total 65.0% part of 100% share in the interests and liabilities of the “Reinsurer” Schedule(s) 15.0 ACE Tempest Reinsurance Ltd. Hamilton, Bermuda (hereinafter referred to as the “Subscribing Reinsurer”) The Subscribing Reinsurer hereby accepts the following percentage shares in the interests and liabilities of the “Reinsurer” as set forth in the attached Contract captioned above:

Appears in 1 contract

Sources: Excess Catastrophe Reinsurance Contract (Philadelphia Consolidated Holding Corp)

Electronic Data Processing Media Valuation. Notwithstanding any provision to the contrary within the Contract or any endorsement thereto, it is understood and agreed as follows:- Should electronic data processing media insured by this Contract suffer physical loss or damage insured by this Contract, then the basis of valuation shall be the cost of the blank media plus the costs of copying the ELECTRONIC DATA from back-up or from originals of a previous generation. These costs will not include research and engineering nor any costs of recreating, gathering or assembling such ELECTRONIC DATA. If the media is not repaired, replaced or restored the basis of valuation shall be the cost of the blank media. However this Contract does not insure any amount pertaining to the value of such ELECTRONIC DATA to the Assured or any other party, even if such ELECTRONIC DATA cannot be recreated, gathered or assembled. N.M.A. NMA 2915 (25.1.01) Form approved by Lloyd’s Underwriters’ Non-Marine Association 07IL\M2U1138 Page 1 of 2 Ariel Reinsurance Company Limited ACE Tempest 10.00 % DaVinci Reinsurance Ltd. 30.0% Axis Specialty 17.50 Everest Reinsurance Company 5.00 Flagstone Reinsurance Limited 25.0 30.00 New Castle Reinsurance Company Ltd. 8.00 Renaissance Reinsurance, Ltd. 17.50 Transatlantic Reinsurance Company 5.00 Lloyd’s Underwriters Per Signing Schedules 10.0 Total 65.0Schedule 7.00 Ariel Reinsurance Company Limited 10.00 % part of 100% share in the interests and liabilities of the “Reinsurer” ACE Tempest C▇▇▇▇▇ Insurance Company Ltd. 5.50 DaVinci Reinsurance Ltd. 30.0% Axis Specialty 10.00 Flagstone Reinsurance Limited 24.0 Sirius International Insurance 30.00 Harbor Point Re Limited 9.00 New Castle Reinsurance Company Ltd. 8.00 Renaissance Reinsurance, Ltd. 10.00 Swiss Reinsurance America Corporation 1.0 7.50 Transatlantic Reinsurance Company 5.00 Lloyd’s Underwriters Per Signing Schedules 10.0 Total 65.0Schedule 5.00 07IL\M2U1138 Page 2 of 2 Ariel Reinsurance Company Limited 10.00 % part of 100% share in the interests and liabilities of the “Reinsurer” ACE Tempest Aspen Insurance Limited 10.00 C▇▇▇▇▇ Insurance Company Ltd. 5.50 Flagstone Reinsurance Limited 25.00 Hannover Re (Bermuda), Ltd. 30.0% Axis Specialty 8.00 Harbor Point Re Limited 23.5 Sirius International Insurance 2.50 Montpelier Reinsurance Limited 7.50 New Castle Reinsurance Company Ltd. 4.00 Swiss Reinsurance America Corporation 1.5 7.50 Lloyd’s Underwriters Per Signing Schedules 10.0 Total 65.0Schedule 20.00 Ariel Reinsurance Company Limited 7.00 % part of 100% share in the interests and liabilities of the “Reinsurer” ACE Tempest C▇▇▇▇▇ Insurance Company Ltd. 4.50 DaVinci Reinsurance Ltd. 30.0% Axis Specialty 12.50 Flagstone Reinsurance Limited 23.5 Sirius International Insurance 7.50 Hannover Re (Bermuda), Ltd. 6.35 Harbor Point Re Limited 6.50 Montpelier Reinsurance Limited 7.50 New Castle Reinsurance Company Ltd. 2.00 Renaissance Reinsurance, Ltd. 12.50 Swiss Reinsurance America Corporation 1.5 7.50 Transatlantic Reinsurance Company 10.00 XL Re Ltd 5.00 Lloyd’s Underwriters Per Signing Schedules 10.0 Total 65.0% part Schedule 11.15 07IL\M2U1138 Page 2 of 100% share in the interests and liabilities of the “Reinsurer” ACE Tempest 2 Ariel Reinsurance Company Ltd. Hamilton, Bermuda (hereinafter referred to as the “Subscribing Reinsurer”) The Subscribing Reinsurer hereby accepts the following percentage shares in the interests and liabilities of the “Reinsurer” as set forth in the attached Contract captioned above:

Appears in 1 contract

Sources: Excess Catastrophe Reinsurance Contract (Philadelphia Consolidated Holding Corp)