Oversights. Inadvertent delays, errors or omissions made in connection with this Agreement or any transaction hereunder shall not relieve either party from any liability which would have attached had such delay, error or omission not occurred, provided that such error or omission is rectified as soon as possible after discovery.
Appears in 16 contracts
Samples: Coinsurance and Modified Coinsurance Agreement (MEMBERS Life Insurance Co), Coinsurance and Modified Coinsurance Agreement (MEMBERS Life Insurance Co), Coinsurance and Modified Coinsurance Agreement (MEMBERS Life Insurance Co)
Oversights. Inadvertent delays, errors or omissions made in connection with this Agreement or any transaction hereunder shall not relieve either party from any liability which would have attached had such delay, error or omission not occurred, provided always that such error or omission is rectified as soon as possible after discovery, and provided that the party making such error or omission or responsible for such delay shall be responsible for any additional liability which attaches as a result.
Appears in 15 contracts
Samples: Modified Coinsurance Agreement, Coinsurance Agreement, Coinsurance Agreement (ING U.S., Inc.)
Oversights. Inadvertent delays, errors or omissions made in connection with this Agreement or any transaction hereunder shall not relieve either party from any liability which would have attached had such delay, error or omission not occurred, provided always that such error or omission is rectified as soon as possible after discovery, and provided that the party making such error or omission or is otherwise responsible for such delay shall be responsible for any additional liability which attaches as a result.
Appears in 1 contract
Samples: Letter Agreement (Kilico Variable Annuity Separate Account)
Oversights. Inadvertent delaysAny unintentional or inadvertent delay, errors omission or omissions error made in connection with this Agreement or any transaction hereunder shall not relieve either party Party from any liability which Liability that would have attached had attach to it hereunder if such delay, omission or error or omission had not occurredbeen made; provided, provided that such delay, omission or error or omission is rectified as soon as possible after upon discovery.. If (a) the failure of either Party to comply with any provision of this Agreement is unintentional or the result of a misunderstanding or oversight and
Appears in 1 contract
Samples: Combination Coinsurance and Modified Coinsurance Agreement (American International Group Inc)
Oversights. Inadvertent delays, errors or omissions made in connection with this Agreement or any transaction hereunder shall not relieve either party from any liability which would have attached had such delay, error or omission not occurred, provided always that such error or omission is rectified as soon as possible after discovery, and provided that the party Table of Contents making such error or omission or responsible for such delay shall be responsible for any additional liability which attaches as a result. However, this Section 5.01 shall not be construed as a waiver by either party of its right to enforce strictly the terms of this Agreement.
Appears in 1 contract
Samples: Indemnity Reinsurance Agreement
Oversights. 5.1 Oversights. Inadvertent delays, errors or omissions made in connection with this Agreement or any transaction hereunder shall not relieve either party from any liability which would have attached had such delay, error or omission not occurred, provided always that such error or omission is rectified as soon as possible after discovery, and provided that the party making such error or omission or responsible for such delay shall be responsible for any additional liability which attaches as a result.
Appears in 1 contract
