Common use of Compliance with Certain Agreements Clause in Contracts

Compliance with Certain Agreements. Anything herein to the contrary notwithstanding, without Ceding Company’s prior written consent, Reinsurer will not cause to be issued any New Policy to any state or federally chartered credit union operating in the United States. In the event that BBI does not agree to terminate the BBI Marketing Agreement at or prior to the Effective Time, then anything herein to the contrary notwithstanding, without Ceding Company’s prior written consent, Reinsurer will not cause to be issued any New Policy or cause to be renewed any Existing Policy in Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, West Virginia, Connecticut, Pennsylvania, New Jersey, Delaware or New York other than through BBI.

Appears in 5 contracts

Samples: Indemnity Reinsurance Agreement (Protective Life Insurance Co), Indemnity Reinsurance Agreement (Protective Life Corp), Indemnity Reinsurance Agreement (Protective Life Corp)

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