Common use of Deliveries by Reinsurer Clause in Contracts

Deliveries by Reinsurer. Reinsurer shall use its reasonable efforts to deliver or cause to be delivered to Ceding Company within five (5) days of a revised accounting in accordance with Section 5.02 or 5.03 all instruments (including without limitation bond powers) as may be necessary or advisable to vest in Ceding Company all of Reinsurer's rights, title, and interest in and to the properties, rights, or assets to be transferred back to Ceding Company to effect any correction of a prior accounting in favor of Reinsurer.

Appears in 6 contracts

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

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Deliveries by Reinsurer. Reinsurer shall use its reasonable efforts to deliver or cause to be delivered to Ceding Company within five twenty (520) business days of a revised accounting in accordance with Section 5.02 or 5.03 all instruments (including without limitation bond powers) as may be necessary or advisable to vest in Ceding Company all of Reinsurer's rights, title, and interest in and to the properties, rights, or assets to be transferred back to Ceding Company to effect any correction of a prior accounting in favor of Reinsurer.

Appears in 4 contracts

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

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Deliveries by Reinsurer. Reinsurer shall use its reasonable efforts to deliver or cause to be delivered to Ceding Company within five (5) days of a revised accounting in accordance with Section 5.02 or 5.03 all instruments (including without limitation bond powers) as may be necessary or advisable to vest in Ceding Company all of Reinsurer's ’s rights, title, and interest in and to the properties, rights, or assets to be transferred back to Ceding Company to effect any correction of a prior accounting in favor of Reinsurer.

Appears in 2 contracts

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

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