Common use of Ceding Company’s Obligation to Indemnify Clause in Contracts

Ceding Company’s Obligation to Indemnify. The Ceding Company hereby agrees to indemnify, defend and hold harmless the Reinsurer and its Affiliates and their respective officers, directors, stockholders, employees, representatives, successors and assigns (collectively, the “Reinsurer Indemnified Parties”) from and against any and all Losses incurred by the Reinsurer to the extent arising from (i) any breach or failure to perform by the Ceding Company of any covenant or agreement of the Ceding Company contained in this Agreement, (ii) Extra-Contractual Obligations (other than Reinsurer Extra-Contractual Obligations), (iii) any Excluded Liability and (iv) any successful enforcement of this indemnity.