Organization, Standing and Authority of the Ceding Company. The Ceding Company is a life insurance company duly organized, validly existing and in good standing under the laws of the Commonwealth of Massachusetts, and has all requisite corporate power and authority to carry on the operations of its business as they are now being conducted. The Ceding Company has obtained all authorizations and approvals required under Applicable Law to enter into and perform the obligations contemplated of the Ceding Company under this Agreement.
Appears in 5 contracts
Samples: Coinsurance Agreement (Primerica, Inc.), Coinsurance Agreement (Primerica, Inc.), Coinsurance Agreement (Primerica, Inc.)
Organization, Standing and Authority of the Ceding Company. The Ceding Company is a life insurance company duly organized, validly existing and in good standing under the laws of the Commonwealth State of MassachusettsNew York, and has all requisite corporate power and authority to carry on the operations of its business as they are now being conducted. The Ceding Company has obtained all authorizations and approvals required under Applicable Law to enter into and perform the obligations contemplated of the Ceding Company under this Agreement.
Appears in 2 contracts
Samples: Coinsurance Agreement (Primerica, Inc.), Coinsurance Agreement (Primerica, Inc.)
