ISSUANCE OF BUSINESS. In no event shall the Reinsurer be liable for reinsurance unless the issuance of the insurance by the Ceding Company constituted the transacting of business in a jurisdiction in which the Ceding Company is properly licensed.
Appears in 10 contracts
Samples: Assignment, Transfer and Novation Agreement (Ameritas Variable Separate Account V), Coinsurance Agreement (Thrivent Variable Life Account I), Coinsurance Agreement (Cuna Mutual Variable Life Insurance Account)
ISSUANCE OF BUSINESS. In no event shall the Reinsurer be liable for reinsurance unless the issuance of the insurance by the Ceding Company constituted the transacting of business in a jurisdiction in which the Ceding Company is properly licensed.. Article 3
Appears in 2 contracts
Samples: Coinsurance Agreement (Thrivent Variable Life Account I), Coinsurance Agreement (Thrivent Variable Life Account I)
ISSUANCE OF BUSINESS. In no event shall the Reinsurer be liable for reinsurance unless the issuance of the insurance Policy by the Ceding Company constituted the transacting of business in a jurisdiction in which the Ceding Company is properly licensed.
Appears in 1 contract
ISSUANCE OF BUSINESS. In no event shall the Reinsurer be liable for reinsurance unless the issuance of the insurance by the Ceding Company constituted the transacting of business in a jurisdiction in which the Ceding Company is properly licensed.. Article 3 Automatic Reinsurance
Appears in 1 contract
Samples: Coinsurance Agreement (Kansas City Life Insurance Co)