Common use of Deliveries by Ceding Company Clause in Contracts

Deliveries by Ceding Company. Ceding Company shall use its reasonable efforts to deliver or cause to be delivered to Reinsurer within five (5) days of the Effective Date (i) a listing (electronic or otherwise) of the Reinsured Contracts, and (ii) all instruments (including without limitation bond powers) as may be necessary or advisable to cause all of Ceding Company's rights, title, and interest in and to the properties, rights, or assets to be transferred hereunder or to effect the purposes hereof to vest in Reinsurer based on the Effective Date Accounting described in Section 5.01. Ceding Company will cooperate with Reinsurer in connection with any required reregistration of such instruments (or of any additional instruments as may be necessary in connection with adjustments described in Sections 5.02 and 5.03) , and Reinsurer will bear any risks associated with such reregistration.

Appears in 6 contracts

Samples: Service Agreement (Hancock John Variable Annuity Account H), Service Agreement (Hancock John Variable Annuity Account H), Service Agreement (Hancock John Variable Annuity Account H)

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Deliveries by Ceding Company. Ceding Company shall use its reasonable efforts to deliver or cause to be delivered to Reinsurer within five (5) days of the Effective Date (i) a listing (electronic or otherwise) of the Reinsured ContractsPolicies, and (ii) all instruments (including without limitation bond powers) as may be necessary or advisable to cause all of Ceding Company's ’s rights, title, and interest in and to the properties, rights, or assets to be transferred hereunder or to effect the purposes hereof to vest in Reinsurer based on the Effective Date Accounting described in Section 5.01. Ceding Company will cooperate with Reinsurer in connection with any required reregistration re-registration of such instruments (or of any additional instruments as may be necessary in connection with adjustments described in Sections 5.02 and 5.03) ), and Reinsurer will bear any risks associated with such reregistration.

Appears in 2 contracts

Samples: Service Agreement, Service Agreement (Hancock John Variable Life Account U)

Deliveries by Ceding Company. Ceding Company shall use its reasonable efforts to deliver or cause to be delivered to Reinsurer within five twenty (520) days of the Effective Date (i) a listing (electronic or otherwise) of the Reinsured Contracts, and (ii) all instruments (including without limitation bond powers) as may be necessary or advisable to cause all of Ceding Company's rights, title, and interest in and to the properties, rights, or assets to be transferred hereunder or to effect the purposes hereof to vest in Reinsurer based on the Effective Date Accounting described in Section 5.01. Ceding Company will cooperate with Reinsurer in connection with any required reregistration re-registration of such instruments (or of any additional instruments as may be necessary in connection with adjustments described in Sections 5.02 and 5.03) ), and Reinsurer will bear any risks associated with such reregistrationre-registration.

Appears in 2 contracts

Samples: Service Agreement (MetLife Insurance CO of Connecticut), Service Agreement (Metlife of Ct Separate Account Eleven for Variable Annuities)

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Deliveries by Ceding Company. Ceding Company shall use its reasonable efforts to deliver or cause to be delivered to Reinsurer within five twenty (520) days of the Effective Date (i) a listing (electronic or otherwise) of the Reinsured ContractsPolicies, and (ii) all instruments (including without limitation bond powers) as may be necessary or advisable to cause all of Ceding Company's rights, title, and interest in and to the properties, rights, or assets to be transferred hereunder or to effect the purposes hereof to vest in Reinsurer based on the Effective Date Accounting described in Section 5.01. Ceding Company will cooperate with Reinsurer in connection with any required reregistration re-registration of such instruments (or of any additional instruments as may be necessary in connection with adjustments described in Sections 5.02 and 5.03) ), and Reinsurer will bear any risks associated with such reregistrationre-registration.

Appears in 2 contracts

Samples: Service Agreement (MetLife Insurance CO of Connecticut), Service Agreement (Metlife of Ct Fund Ul Iii for Variable Life Insurance)

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