Common use of ISSUANCE OF BUSINESS Clause in Contracts

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 13 contracts

Samples: Assignment, Transfer and Novation Agreement (Ameritas Variable Separate Account V), Coinsurance Agreement (Thrivent Variable Life Account I), Coinsurance Agreement (Kansas City Life Insurance Co)

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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

Samples: Coinsurance Agreement (Fortune v Separate Account)

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