Oversights. Inadvertent delays, oversights, errors or omissions made in connection with this Agreement or any transaction hereunder shall not relieve either Party from any liability that would have attached had such delay, oversight, error or omission not occurred. The Parties shall nevertheless cooperate in good faith to rectify such delay, oversight, error or omission as soon as possible after discovery so that both Parties shall be restored as closely as possible to the positions they would have occupied if no delay, oversight, error or omission had occurred.
Appears in 19 contracts
Samples: Coinsurance and Modified Coinsurance Agreement (Farmers Annuity Separate Account A), Coinsurance and Modified Coinsurance Agreement (Metropolitan Tower Separate Account Two), Coinsurance and Modified Coinsurance Agreement (Metropolitan Life Separate Account E)
Oversights. Inadvertent delays, oversights, errors errors, or omissions made in connection with this Agreement or any transaction hereunder shall not relieve either Party from any liability that would have attached had such delay, oversight, error error, or omission not occurred. The Parties shall nevertheless cooperate in good faith to rectify such delay, oversight, error error, or omission as soon as possible after discovery so that both Parties shall be restored as closely as possible to the positions they would have occupied if no delay, oversight, error error, or omission had occurred.
Appears in 11 contracts
Samples: Assumption Reinsurance Agreement (SEPARATE ACCOUNT EQ OF VENERABLE INSURANCE & ANNUITY Co), Assumption Reinsurance Agreement (Separate Account No. 49), Assumption Reinsurance Agreement (Equitable America Variable Account No.70A)
Oversights. Inadvertent delays, oversights, errors or omissions made in connection with this Agreement or any transaction hereunder shall not relieve either Party from any liability that would have attached had such delay, oversight, error or omission not occurred. The Parties shall nevertheless cooperate in good faith to rectify such delay, oversight, error or omission as soon as possible after discovery so that both Parties shall be restored as closely as possible to the positions they would have occupied if no delay, oversight, error or omission had occurred, including complying with the provisions of Section 3.4.
Appears in 1 contract
Samples: Reinsurance Agreement (Farmers Annuity Separate Account A)
Oversights. Inadvertent delays, oversights, errors or omissions made in connection with this Agreement or any transaction hereunder shall not relieve either Party from any liability that would have attached had such delay, oversight, error or omission not occurred;. The Parties shall nevertheless cooperate in good faith to rectify such delay, oversight, error or omission as soon as possible after discovery so that both Parties shall be restored as closely as possible to the positions they would have occupied if no delay, oversight, error or omission had occurred. Section 7.2.
Appears in 1 contract
Samples: Coinsurance and Modified Coinsurance Agreement (Prudential Annuities Life Assurance Corp/Ct)
Oversights. Inadvertent delays, oversights, errors or omissions made in connection with this Agreement or any transaction hereunder shall not relieve either Party from any liability that would have attached had such delay, oversight, error or omission not occurred. The Parties shall nevertheless cooperate in good faith to rectify such delay, oversight, error or omission as soon as possible after discovery so that both Parties shall be restored as closely as possible to the positions they would have occupied if no delay, oversight, error or omission had occurred. Section 7.2.
Appears in 1 contract
