Oversights and Errors. In the event that any unintentional or accidental failure to comply with the terms of this Agreement can be shown to be the result of a misunderstanding, oversight or clerical error, both parties will be restored to the position they would have occupied had the misunderstanding, oversight or error not occurred.
Appears in 5 contracts
Samples: Indemnity Reinsurance Agreement (Protective Life Insurance Co), Indemnity Reinsurance Agreement (Protective Life Corp), Indemnity Reinsurance Agreement (Protective Life Corp)
Oversights and Errors. In It is agreed that in the event that any unintentional or accidental failure to comply with the terms of this Agreement can be shown to be the result of a misunderstanding, oversight or clerical error, both parties will shall be restored to the position they would have occupied had the misunderstanding, oversight or error not occurred.
Appears in 4 contracts
Samples: Reinsurance Agreement (Variable Account D of Union Security Insurance Co), Reinsurance Agreement (Separate Account a of Union Security Life Ins Co of New York), Reinsurance Agreement (Separate Account a of First Fortis Life Ins Co)
