Common use of Notice – Multiple Cedents Clause in Contracts

Notice – Multiple Cedents. For purposes of sending and receiving notices and payments required by this Contract other than in respect of the Articles entitled SERVICE OF SUIT and RESERVES herein, the reinsured company that is set forth first in the definition of “Company” is deemed the agent of all other reinsured companies referenced herein. In no event, however, shall any reinsured company be deemed the agent of another with respect to the terms of the Article entitled INSOLVENCY.

Appears in 2 contracts

Sources: Reinsurance Contract, Reinsurance Contract (ICC Holdings, Inc.)