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thousand dollars 100000 for any one Agreement YearIf the amount due to the Company for the Reinsurers liability hereunder is in excess of fifty thousand dollars 50000 the Reinsurers will upon receipt of proof of loss remit the amount due within ten 10 working daysThe Company or the Reinsurer shall have and may exercise at any time and from time to time the right to offset any balance or balances whether on account of premiums or on account of losses or otherwise due from one party to the other under the terms of this AgreementA In the event a negative balance results in any one month claims exceed premiums collected andor in the event the claims fund if any is depleted the Company may make an immediate cash call upon the Reinsurer The Reinsurer agrees to make payment to the Company within five 5 business days after the Reinsurers receipt of the cash call B The Company may also make an immediate cash call upon the Reinsurer in the event the Company is presented with any single claim in excess of the then current balance of the claims fund regardless of when the claim is presented to the Company The Reinsurer agrees to make payment to the Company within five 5 business days after the claim has been reviewed and approved by the Company andor the ReinsurerThis Agreement shall only apply to policies issued to insureds domiciled in the United States its territories and possessionsInadvertent delays errors or omissions made in connection with this Agreement or any transaction hereunder shall not relieve either party from any liability which would have attached had such delay error or omission not occurred provided always that such delay error or omission will be rectified as soon as possible after discoveryThe Reinsurer and the Company or its duly appointed representatives shall have the right at any reasonable time to examine all records in the possession of the Companyeach other andor
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