Common use of Indemnification by the Ceding Company Clause in Contracts

Indemnification by the Ceding Company. From and after the Closing Date, the Ceding Company shall indemnify and defend the Reinsurer, its Approved Designees and its Affiliates, and their respective officers, employees, directors, controlling persons, Affiliates, agents, representatives and assigns (the “Reinsurer Indemnified Parties”) against, and hold each of them harmless from all Losses sustained or incurred by, or asserted against, the Reinsurer Indemnified Parties which arise out of:

Indemnification by the Ceding Company. From and after the Reinsurance Closing Date, the Ceding Company shall indemnify will indemnify, defend, protect and defend hold harmless the Reinsurer, its Approved Designees Reinsurer and its Affiliates, and their respective officersRepresentatives (collectively, employees, directors, controlling persons, Affiliates, agents, representatives and assigns (the “Reinsurer Indemnified Parties”) againstfrom, against and hold each in respect of them harmless from all any Indemnified Losses sustained imposed on, sustained, incurred or incurred by, suffered by or asserted against, against any of the Reinsurer Indemnified Parties which arise to the extent directly based on, directly arising out of, directly relating to, directly caused by, or directly resulting from: