LIABILITY OF ALLSTATE. 1. The liability of ALLSTATE with respect to any contract reinsured hereunder will begin simultaneously with that of GLENBROOK. ALLSTATE'S liability with respect to any contract reinsured hereunder will terminate on the date GLENBROOK'S liability on such contract terminates or the date this Agreement is terminated, whichever is earlier. However, termination of this Agreement will not terminate ALLSTATE'S liability for benefit payments incurred prior to the date of termination.
Appears in 2 contracts
Samples: Underwriting Agreement (Glenbrook Life & Annuity Co), Reinsurance Agreement (Glenbrook Life & Annuity Co Separate Account A)
LIABILITY OF ALLSTATE. 1. The liability of ALLSTATE with respect to any contract reinsured hereunder will begin simultaneously with that of GLENBROOKLBL. ALLSTATE'S liability with respect to any contract reinsured hereunder will terminate on the date GLENBROOKLBL'S liability on such contract terminates or the date this Agreement is terminated, whichever is earlier. However, termination of this Agreement will not terminate ALLSTATE'S liability for benefit payments incurred prior to the date of termination.
Appears in 2 contracts
Samples: Administrative Services Agreement (Lincoln Benefit Life Co), Reinsurance Agreement (Lincoln Benefit Life Variable Annuity Account)
LIABILITY OF ALLSTATE. 1. The liability of ALLSTATE with respect to any contract reinsured hereunder will begin simultaneously with that of GLENBROOK. ALLSTATE'S 's liability with respect to any contract reinsured hereunder will terminate on the date GLENBROOK'S 's liability on such contract terminates or the date this Agreement is terminated, whichever is earlier. However, termination of this Agreement will not terminate ALLSTATE'S 's liability for benefit payments incurred prior to the date of termination.
Appears in 1 contract
Samples: Reinsurance Agreement (Glenbrook Life & Annuity Co)
LIABILITY OF ALLSTATE. 1. The liability of ALLSTATE with respect to any contract reinsured hereunder will begin simultaneously with that of GLENBROOKLBL. ALLSTATE'S liability with respect to any contract reinsured hereunder will terminate on the date GLENBROOK'S LBL's liability on such contract terminates or the date this Agreement is terminated, whichever is earlier. However, termination of this Agreement will not terminate ALLSTATE'S liability for benefit payments incurred prior to the date of termination.
Appears in 1 contract
Samples: Administrative Services Agreement (Lincoln Benefit Life Co)
LIABILITY OF ALLSTATE. 1. The liability of ALLSTATE with respect to any contract reinsured hereunder Policy will begin simultaneously with that of GLENBROOKLBL. ALLSTATE'S liability with respect to any contract reinsured hereunder Policy will terminate on the date GLENBROOK'S LBL's liability on such contract Policy terminates or the date this Agreement is terminated, whichever is earlierearliest. However, termination of this Agreement will not terminate ALLSTATE'S 's liability for benefit payments incurred prior to the date of termination.
Appears in 1 contract
Samples: Administrative Services Agreement (Lincoln Benefit Life Co)