without diminution because of the insolvency of the Company or the Reinsurer, but only for one or more of the following purposes:1. To reimburse the Company for the Reinsurers share of unearned premiums, returned to the Company on account of the cancellation of Original Reinsurance Contract(s), unless paid in cash by the Reinsurer.2. To reimburse the Company for the Reinsurers share of any other losses and/or loss adjustment expenses paid under the terms of the Original Reinsurance contract(s), unless paid in cash by the Reinsurer.3. To reimburse the Company for the Reinsurers share of any other amounts claimed to be due hereunder, unless paid in cash by the Reinsurer.4. To fund a cash account in an amount equal to the Reinsurers share of any ceded unearned premium and/or losses outstanding and loss adjustment expenses reserves (including IBNR) funded by means of a letter of credit which is under non-renewal notice, if said letter of credit has not been renewed or replaced by the Reinsurer 10 days prior to its expiration date.5. To refund to the Reinsurer any sum in excess of the actual amount required to fund the Reinsurers share of the Companys ceded unearned premium and/or losses outstanding and loss adjustment expense reserves (including IBNR), if so requested by the Reinsurer.In the event that the amount drawn by the Company on any letter of credit is in excess of the actual amount required for Items (1), (2), or (4) above, or in the case of Item (3), the actual amount determined to be due, the Company shall promptly return to the Reinsurer the excess amount so drawn. ARTICLE XXVII TAXESIn consideration of the terms under which this Agreement is issued, the Company undertakes not to claim any deduction of the premium hereon when making Canadian tax returns or when making tax returns, other than income or profit tax returns, to any state or territory of the United States of America or to the District of Columbia. ARTICLE XXVIII F...
