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Common use of Notwithstanding Sections 2 Clause in Contracts

Notwithstanding Sections 2. 1 and 2.2 hereof to the contrary, the Ceding Company and the Reinsurer may agree to substitute mutually acceptable underwriting criteria and standards for the procedures set forth in Sections 2.1 and 2.2.

Appears in 3 contracts

Sources: Facultative Quota Share Reinsurance Treaty, Facultative Quota Share Reinsurance Treaty (Security Capital Assurance LTD), Facultative Quota Share Reinsurance Treaty (Security Capital Assurance LTD)

Related Clauses

  • Notwithstanding Articles 2
  • Without prejudice to Sections
  • Pursuant to Section 6
  • Other Provisions applicable to Adjustments under this Section
  • Modification to Article VII, Section 4 of the DPA

Parent Clauses

  • RESALE AT WHOLESALE RATES
  • Restrictions on Wholesale Resale Services
  • Effective Date Term and Termination
  • Agreement Termination
  • Wrong Pockets; Mail & Other Communications; Payments

Sub-Clauses

  • Mandated Discounts
  • Individual Customer Contracts
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