EXTRACONTRACTUAL DAMAGES. The Reinsurer will not participate in and shall not be liable to pay the Ceding Company or others for any amounts in excess of the Reinsurer's share of the net amount at risk on the mortality risk reinsured hereunder, including extracontractual damages or liabilities and related expenses and fees. Extracontractual damages are any damages awarded against the Ceding Company, including, for example, those resulting from negligence, reckless or intentional conduct, fraud, oppression, or bad faith committed by the Ceding Company in connection with the mortality risk insurance reinsured under this Agreement. The excluded extracontractual damages shall include, by way of example and not limitation:
Appears in 5 contracts
Samples: Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii), Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii), Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii)
EXTRACONTRACTUAL DAMAGES. The Reinsurer will not participate in and shall will not be liable to pay the Ceding Company or others for any amounts in excess of the Reinsurer's share of the net amount Net Amount at risk on the mortality risk reinsured hereunder, including extracontractual Risk. Extracontractual damages or liabilities and related expenses and feesfees are specifically excluded from the reinsurance coverage provided under this Agreement. Extracontractual damages are any damages awarded against the Ceding Company, including, for example, those resulting from negligence, reckless or intentional conduct, fraud, oppression, or bad faith committed by the Ceding Company in connection with the mortality risk insurance reinsured under this Agreement. The excluded extracontractual damages shall will include, by way of example and not limitation:
Appears in 3 contracts
Samples: Coinsurance Agreement (Cuna Mutual Variable Life Insurance Account), Automatic and Facultative Yearly Renewable Term Reinsurance Agreement (Jackson National Separate Account Iv), Automatic and Facultative (Jnlny Separate Account Iv)
EXTRACONTRACTUAL DAMAGES. The Reinsurer will not participate in and shall not be liable to pay the Ceding Company or others for any amounts in excess of the Reinsurer's ’s share of the net amount at risk on the mortality risk reinsured hereunder, including extracontractual . Extracontractual damages or liabilities and related expenses and feesfees are specifically excluded from the reinsurance coverage provided under this Agreement. Extracontractual damages are any damages awarded against the Ceding Company, including, for example, those resulting from negligence, reckless or intentional conduct, fraud, oppression, or bad faith committed by the Ceding Company in connection with the mortality risk insurance reinsured under this Agreement. The excluded extracontractual damages shall include, by way of example and not limitation:
Appears in 2 contracts
Samples: Automatic and Facultative Yearly Renewable Term Reinsurance Agreement (National Variable Life Insurance Account), Automatic and Facultative Yearly Renewable Term Reinsurance Agreement (National Variable Life Insurance Account)
