Common use of Certain Definitions and Procedures Clause in Contracts

Certain Definitions and Procedures. For purposes of this Article IX, “Loss” or “Losses” shall mean actions, claims, losses, liabilities, damages, costs, expenses (including reasonable attorneys’ fees), interest and penalties. In the event either Reinsurer or the Company shall have a claim for indemnity against the other party under the terms of this Agreement, the parties shall follow the procedures set forth in Sections 9.02, 9.03 and 9.04 of the Asset Purchase Agreement.

Appears in 7 contracts

Samples: Coinsurance Agreement, Modified Coinsurance Agreement, Coinsurance Agreement (ING U.S., Inc.)

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Certain Definitions and Procedures. For purposes of this Article IX, "Loss" or "Losses" shall mean actions, claims, losses, liabilities, damages, costs, expenses (including reasonable attorneys' fees), interest and penalties. In the event either Reinsurer or the Company shall have a claim for indemnity against the other party under the terms of this Agreement, the parties shall follow the procedures set forth in Sections 9.02, 9.03 and 9.04 of the Asset Purchase Agreement.

Appears in 4 contracts

Samples: Coinsurance Agreement (Ing Life Insurance & Annuity Co), Modified Coinsurance Agreement (Ing Life Insurance & Annuity Co), Coinsurance Agreement (Ing Life Insurance & Annuity Co)

Certain Definitions and Procedures. For purposes of this Article IXVIII, “Loss” or “Losses” shall mean actions, claims, losses, liabilities, damages, costs, expenses (including reasonable attorneys’ fees), interest and penaltiespenalties but excluding any such losses relating to any punitive, exemplary, consequential or similar damages and any lost profits. In the event either Reinsurer or the Company shall have a claim for indemnity against the other party under the terms of this Agreement, the parties shall follow the procedures set forth in Sections 9.0210.02, 9.03 10.03 and 9.04 10.04 of the Asset Purchase Agreement.

Appears in 2 contracts

Samples: Indemnity Reinsurance Agreement, Indemnity Reinsurance Agreement (American Family Variable Account I)

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Certain Definitions and Procedures. For purposes of this Article IX, "Loss" or "Losses" shall mean actions, claims, losses, liabilities, damages, costs, expenses (including reasonable attorneys' fees), interest and penalties. In the event either Reinsurer or the Company shall have a claim for indemnity against the other party under the terms of this Agreement, the parties shall follow the procedures set forth in Sections 9.02, 9.03 9.02,9.03 and 9.04 of the Asset Purchase Agreement.

Appears in 1 contract

Samples: Modified Coinsurance Agreement (Ing Life Insurance & Annuity Co)

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