Compliance and Corrective Action. (1) The Company and its affiliates shall comply with the provisions of this Agreement, as applicable. The Company is solely responsible for the conduct and performance of its personnel and affiliates with respect to the obligations imposed by this Agreement and FCIC procedures. Liability for damages incurred, to the extent it is caused by an error or omission or failure to comply with this Agreement or applicable FCIC procedures, is the sole responsibility of the Company. The assumption of liability under this section is only for the purpose of this Agreement and may not be relied upon by any person or entity not a part to this Agreement for any purpose.
Appears in 28 contracts
Samples: Reinsurance Agreement, Reinsurance Agreement, Reinsurance Agreement
Compliance and Corrective Action. (1) . The Company and its affiliates shall must comply with the provisions of this Agreement, as applicable. The Company is solely responsible for the conduct and performance of its personnel and affiliates with respect to the obligations imposed by this Agreement and FCIC the procedures. Liability for damages incurred, to the extent it is caused by an error or omission or failure to comply with this Agreement Agreement, or applicable FCIC the procedures, is the sole responsibility of the Company. The assumption of liability under this section is only for the purpose of this Agreement and may not be relied upon by any person or entity not a part to this Agreement for any purpose.
Appears in 5 contracts
Samples: Price Reinsurance Agreement, Price Reinsurance Agreement, Price Reinsurance Agreement
Compliance and Corrective Action. (1) The Company and its affiliates shall must comply with the provisions of this Agreement, as applicable. The Company is solely responsible for the conduct and performance of its personnel and affiliates with respect to the obligations imposed by this Agreement and FCIC the procedures. Liability for damages incurred, to the extent it is caused by an error or omission or failure to comply with this Agreement or applicable FCIC the procedures, is the sole responsibility of the Company. The assumption of liability under this section is only for the purpose of this Agreement and may not be relied upon by any person or entity not a part to this Agreement for any purpose.
Appears in 4 contracts
Samples: Reinsurance Agreement, Reinsurance Agreement, Reinsurance Agreement
Compliance and Corrective Action. (1) . The Company and its affiliates shall must comply with the provisions of this Agreement, as applicable. The Company is solely responsible for the conduct and performance of its personnel and affiliates with respect to the obligations imposed by this Agreement and FCIC the procedures. Liability for damages incurred, to the extent it is caused by an error or omission or failure to comply with this Agreement or applicable FCIC the procedures, is the sole responsibility of the Company. The assumption of liability under this section is only for the purpose of this Agreement and may not be relied upon by any person or entity not a part to this Agreement for any purpose.
Appears in 3 contracts
Samples: Reinsurance Agreement, Reinsurance Agreement, Reinsurance Agreement
Compliance and Corrective Action. (1) The Company and its affiliates shall mustshall comply with the provisions of this Agreement, as applicable. The Company is solely responsible for the conduct and performance of its personnel and affiliates with respect to the obligations imposed by this Agreement and the FCIC procedures. Liability for damages incurred, to the extent it is caused by an error or omission or failure to comply with this Agreement or the applicable FCIC procedures, is the sole responsibility of the Company. The assumption of liability under this section is only for the purpose of this Agreement and may not be relied upon by any person or entity not a part to this Agreement for any purpose.
Appears in 1 contract
Samples: Reinsurance Agreement
Compliance and Corrective Action. (1) . The Company and its affiliates shall must comply with the provisions of this Agreement, as applicable. The Company is solely responsible for the conduct and performance of its personnel and affiliates with respect to the obligations imposed by this Agreement and FCIC the procedures. Liability for damages incurred, to the extent it is caused by an error or omission or failure to comply with this Agreement Agreement, or applicable FCIC the procedures, is the sole responsibility of the Company. The assumption of liability responsibility under this section is only for the purpose of this Agreement and may not be relied upon by any person or entity not a part to this Agreement for any purpose.
Appears in 1 contract
Samples: Reinsurance Agreement