be free from the
application of the other provisions of this Clause until expiry date or 31st
December 1960 whichever first occurs whereupon all the provisions of this Clause
shall apply. 12/12/57 NMA 1119 NOTES: Wherever used herein the terms:
"Reassureds" shall be understood to mean "Companies", "Reinsureds", "Reassureds"
or whatever other term is used in the attached reinsurance document to designate
the reinsured companies. "Agreement" shall be understood to mean "Agreement",
Contract, "Policy" or whatever other term is used to designate the attached
reinsurance document. "Reinsurer" shall be understood to mean "Reinsurer",
"Underwriter" or whatever other term is used in the attached reinsurance
document to designate the reinsurer.