Annuity Administration. The Ceding Company will administer the ---------------------- annuities reinsured, however, the Reinsurer reserves the right to participate in claims administration. The Ceding Company retains final authority relating to claims administration issues.
Annuity Administration. The Ceding Company will administer the Annuities and will perform all accounting for the Annuities; provided, however, that the Reinsurer reserves the right to participate in the adjudication and administration of Claims (as defined in Article IV, Paragraph 2).
Annuity Administration. The Ceding Company will administer the Base Annuities and the Riders and will perform all accounting for such Base Annuities and Riders.
Annuity Administration. The Ceding Company will administer the Annuities reinsured hereunder and will perform all accounting for such Annuities.
Annuity Administration. The Ceding Company will administer the annuities reinsured hereunder and will perform all accounting for such
Annuity Administration. The Ceding Company will administer the Base Annuities together with the ROP Rider and will perform all accounting and the Administration for the ROP Rider and the Base Annuities. The Ceding Company shall administer the ROP Rider and the Base Annuities in all material respects in conformity with (a) the terms of the ROP Rider and the Base Annuities, (b) applicable law, and (c) the standards under which it administers similar blocks of its business.
Annuity Administration. After the date hereof, Seller may negotiate and execute agreements relating to the administration by se2 of the annuity contracts included in the Company Business and may take any other actions that may be reasonably necessary to transition the administration of such annuity contracts to se2. Buyer acknowledges that such transition might not be completed prior to the Closing and agrees that it shall, and shall cause the Company to, cooperate with Seller to effect such transition after the Closing. The costs and expenses of such transition shall be borne by the parties in the manner contemplated by the Transition Services Agreement.
Annuity Administration. The Ceding Company will issue and administer the Base Annuities and the Riders (i) in good faith and with the skill, diligence and expertise that would reasonably be expected from experienced and qualified personnel performing such duties in like circumstances; (ii) using a standard of care and policies and procedures generally that are, in the aggregate, at least as stringent as that employed by the Ceding Company to administer its other similar businesses, and (iii) in accordance with the terms and conditions of the Base Annuities and the Riders, and in all material respects in accordance with Applicable Law (“Service Standard”). The Ceding Company shall notify the Reinsurer if the Ceding Company decides to subcontract services with respect to the administration of the Base Annuities and the Riders to a third party that materially impacts the Reinsurer’s risk (provided no subcontracting shall relieve the Ceding Company from any of its obligations or liabilities hereunder or from any of its obligations under Article VI, Paragraph 2.C(i)(d), and provided further the Ceding Company shall remain responsible for all obligations or liabilities of such subcontractor with regard to the providing of such services as if provided by the Ceding Company).
Annuity Administration. Anchor will administer the Annuities ---------------------- reinsured hereunder and will perform all accounting for such Annuities, all in accordance with Articles VIII, X, XIV and XV.
Annuity Administration. The Annuities reinsured hereunder will be administered in accordance with Article III of the Strategic Alliance Agreement, dated as of October 8, 2007, by and between the Ceding Company and the Reinsurer (the "Strategic Alliance Agreement").
