Common use of EXTRACONTRACTUAL DAMAGES Clause in Contracts

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. Extracontractual damages or liabilities and related expenses and fees 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: i. Actual and consequential damages; ii. Damages for emotional distress or oppression; iii. Punitive, exemplary or compensatory damages; iv. Statutory damages, fines, or penalties; v. Amounts in excess of the risk reinsured hereunder that the Ceding Company pays to settle a dispute or claim; vi. Third-party attorney fees, costs and expenses.

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. Extracontractual damages or liabilities and related expenses and fees 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: i. Actual and consequential damages; ii. Damages for emotional distress or oppression; iii. Punitive, exemplary or compensatory damages; iv. Statutory damages, fines, or penalties; v. Amounts in excess of the risk reinsured hereunder that the Ceding Company pays to settle a dispute or claim; vi. Third-party attorney fees, costs and expenses.

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. Extracontractual damages or liabilities and related expenses and fees 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: i. Actual and consequential damages; ; ii. Damages for emotional distress or oppression; ; iii. Punitive, exemplary or compensatory damages; ; iv. Statutory damages, fines, or penalties; v. Amounts in excess of the risk reinsured hereunder that the Ceding Company pays to settle a dispute or claim; vi. Third-party attorney fees, costs and expenses.

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. Extracontractual , including extracontractual damages or liabilities and related expenses and fees are specifically excluded from the reinsurance coverage provided under this Agreementfees. 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: i. Actual and consequential damages; ii. Damages for emotional distress or oppression; iii. Punitive, Punitive exemplary or compensatory damages; iv. Statutory damages, fines, or penalties; ; v. Amounts in excess of the risk reinsured hereunder that the Ceding Company pays to settle a dispute or claim; vi. Third-party attorney fees, costs and expenses.

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 hereunderRisk. Extracontractual damages or liabilities and related expenses and fees 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: i. Actual and consequential damages; ii. Damages for emotional distress or oppression; iii. Punitive, exemplary or compensatory damages; iv. Statutory damages, fines, or penalties; ; v. Amounts in excess of the risk reinsured hereunder that the Ceding Company pays to settle a dispute or claim; vi. Third-party attorney fees, costs and expenses.