Common use of Limitations and Authority Clause in Contracts

Limitations and Authority. 1851 shall have authority only as expressly granted in this Agreement. Insurance Company will reasonably monitor the services provided by 1851 annually for quality assurance. No party to this Agreement shall enter into any proceeding in a court of law or before a regulatory agency in the name of any other party, without the express written consent of that party. If any legal or administrative proceedings are commenced against any party arising out of the obligations, duties or services performed under this Agreement by any third party or any federal, state or other governmental or regulatory authority, that party, as the case may be, shall immediately notify the other parties of this fact.

Appears in 26 contracts

Samples: Principal Underwriting Agreement (Delaware Life Ny Variable Account C), Principal Underwriting Agreement (Delaware Life Ny Variable Account B), Principal Underwriting Agreement (Delaware Life Ny Variable Account D)

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