Indemnification by Reinsurer. Reinsurer hereby indemnifies and holds Ceding Company harmless from and against all loss, damage, cost and expense of any nature, including legal, accounting and other professional fees, arising from (a) any liability relating to the Insurance Policies that is reinsured by Reinsurer under this Agreement, (b) any breach of this Agreement by Reinsurer or (c) any inaccuracy or falsity of a representation or warranty made by Reinsurer under this Agreement.
Appears in 3 contracts
Samples: Reinsurance Agreement (Protective Variable Life Separate Account), Reinsurance Agreement (Protective Variable Life Separate Account), Yearly Renewable Term Reinsurance Agreement (Protective Variable Life Separate Account)
Indemnification by Reinsurer. Reinsurer hereby indemnifies and holds Ceding Company harmless from and against all loss, damage, cost and expense of any nature, including legal, accounting and other professional fees, arising from (ai) any liability relating to the Insurance Policies that is reinsured by Reinsurer under this Agreement, (b) any violation or breach of the provisions of this Reinsurance Agreement by Reinsurer or (cii) any inaccuracy or falsity of a representation or warranty made by Reinsurer under this Reinsurance Agreement.
Appears in 2 contracts
Samples: Indemnity Reinsurance Agreement, Indemnity Reinsurance Agreement (CNO Financial Group, Inc.)
