Common use of Remaining Proceeds Clause in Contracts

Remaining Proceeds. The Company shall instruct the Tail Loss Trustee to release the remaining monies in the Tail Loss Trust to the Subscribing Reinsurer within twenty (20) business days of the Tail Loss Termination Date.

Appears in 9 contracts

Sources: Quota Share Reinsurance Agreement, Quota Share Reinsurance Contract, Quota Share Reinsurance Contract