Compensatory Damages. Those amounts awarded to compensate for the actual damages sustained, and are not awarded as a penalty, nor fixed in amount by statute.
Appears in 3 contracts
Samples: Reinsurance Agreement (Nationwide VL Separate Account-G), Reinsurance Agreement (Nationwide VLI Separate Account-7), Reinsurance Agreement (Nationwide VL Separate Account-G)
Compensatory Damages. Those those amounts awarded to compensate for the actual damages sustained, sustained and are not awarded as a penalty, nor penalty or fixed in amount by statute, including but not limited to, any valid pre and post judgment interest.
Appears in 1 contract
Samples: Quota Share Reinsurance Agreement (Eastern Insurance Holdings, Inc.)
