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. 2. This Agreement shall be binding upon the parties hereto and their respective successors and assigns.

Appears in 19 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 & 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. 2. This Agreement shall be binding upon the parties hereto and their respective successors and assigns.

Appears in 1 contract

Samples: Automatic Reinsurance Agreement (Nationwide Variable Account 9)

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. 2. This Agreement shall be binding upon the parties hereto and their respective successors and assigns.

Appears in 1 contract

Samples: Automatic Reinsurance Agreement (Manufacturers Life Insurance Co of North America Sep Acc A)

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. 2. This Agreement shall be binding upon the parties hereto and their respective successors and assigns.

Appears in 1 contract

Samples: Facultative Reinsurance Agreement (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 hereunder, and the Company shall be and remain solely liable to such parties under such contracts reinsured hereunder. 2. This Agreement shall be binding upon the parties hereto and their respective successors and assigns.

Appears in 1 contract

Samples: Automatic Reinsurance Agreement (Ge Life & Annuity Assurance Co Iv)

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