Common use of PARTIES TO AGREEMENT Clause in Contracts

PARTIES TO AGREEMENT. 1. This Agreement is an indemnity reinsurance agreement solely between the Company and Swiss Re Life & Health. The acceptance of reinsurance hereunder shall not create any right or legal relation whatever between Swiss Re Life & Health and the annuitant, owner, beneficiary or any other party under any contracts of the Company which may be reinsured hereunder, and the Company shall be and remain solely liable to such parties under such contracts reinsured hereunder.

Appears in 21 contracts

Samples: Automatic Reinsurance Agreement (Nationwide Variable Account 7), Automatic Reinsurance Agreement (Variable Account D of Union Security Insurance Co), Automatic Reinsurance Agreement (Variable Account D of Union Security Insurance Co)

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PARTIES TO AGREEMENT. 1. This Agreement is an indemnity reinsurance agreement solely between the Company and Swiss Re Life & HealthAmerica. The acceptance of reinsurance hereunder shall not create any right or legal relation whatever between Swiss Re Life & Health America and the annuitant, owner, beneficiary or any other party under any contracts of the Company which may be reinsured hereunder, and the Company shall be and remain solely liable to such parties the annuitant, owner or the beneficiary under such contracts reinsured hereunder.

Appears in 5 contracts

Samples: Automatic Reinsurance Agreement (Nasl Variable Account), Automatic Reinsurance Agreement (Nasl Variable Account), Automatic Reinsurance Agreement (Nasl Variable Account)

PARTIES TO AGREEMENT. 1. This Agreement is an indemnity reinsurance agreement solely between the Company and Swiss Re Life & Health. The acceptance of reinsurance hereunder shall not create any right or legal relation whatever between Swiss Re Life & Health and the annuitantinsured, owner, beneficiary beneficiary, or any other party under any contracts Master Policy or certificate of insurance of the Company which may be reinsured hereunder, and the Company shall be and remain solely liable to such parties under such contracts reinsured hereunder.

Appears in 1 contract

Samples: Northstar Life Variable Universal Life Account

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PARTIES TO AGREEMENT. 1. This Agreement is an indemnity reinsurance agreement solely between the Company and Swiss Re Life & Health. The acceptance of reinsurance hereunder shall not create any right or legal relation whatever between Swiss Re Life & Health and the annuitant, owner, beneficiary or any other party under any contracts of the Company which may be reinsured hereunderReinsured Contracts, and the Company shall be and remain solely liable to such parties under such contracts reinsured hereunderReinsured Contracts.

Appears in 1 contract

Samples: Automatic Reinsurance Agreement (Nationwide Variable Account 9)

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