Common use of PARTIES TO AGREEMENT Clause in Contracts

PARTIES TO AGREEMENT. This Agreement is solely between the Ceding Company and the Reinsurer. There is no third party to this Agreement. Reinsurance under this Agreement shall not create any right or legal relationship between the Reinsurer and any other person, for example, any insured, policy owner, agent, beneficiary or assignee. The Ceding Company further agrees that it will not make the Reinsurer a party to any litigation between any such third party and the Ceding Company.

Appears in 18 contracts

Samples: Assignment, Transfer and Novation Agreement (Ameritas Variable Separate Account V), Reinsurance Agreement (Talcott Resolution Life & Annuity Insurance Co Separate Account Seven), Reinsurance Agreement (Talcott Resolution Life & Annuity Insurance Co Separate Account One)

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PARTIES TO AGREEMENT. This Agreement is solely between the Ceding Company and the Reinsurer. There is no third party to this Agreement. Reinsurance under this Agreement shall not create any right or legal relationship between the Reinsurer and any other person, for example, any insured, policy owner, agent, beneficiary or assignee. The Ceding Company further agrees that it will not make the Reinsurer a party to any litigation between any such third party other person and the Ceding Company.

Appears in 2 contracts

Samples: Reinsurance Agreement, Reinsurance Agreement (WRL Series Annuity Account)

PARTIES TO AGREEMENT. This Agreement is solely between the Ceding Company and the Reinsurer. There is no third party to this Agreement. Reinsurance under Except as otherwise provided herein, nothing in this Agreement shall not create will confer any right or legal relationship between the Reinsurer and rights upon any other personthird party, for exampleincluding, without limitation, any insured, policy owner, agent, beneficiary or assignee. The Ceding Company further agrees that it will not make the Reinsurer a party to any litigation between any such third party and the Ceding Company.

Appears in 2 contracts

Samples: Reinsurance Agreement, Reinsurance Agreement (Allstate Life Insurance Co)

PARTIES TO AGREEMENT. This Agreement is solely between the Ceding Company and the Reinsurer. There is no third party to this Agreement. Reinsurance under this Agreement shall not create any right or legal relationship between the Reinsurer and any other person, for example, any insured, policy owner, agent, beneficiary or assignee. The Ceding Company further fur6ther agrees that it will not make the Reinsurer a party to any litigation between any such third party and the Ceding Company.

Appears in 1 contract

Samples: Yrt Agreement (Sentry Variable Life Account I)

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PARTIES TO AGREEMENT. This Agreement is solely between the Ceding Company and the Reinsurer. There is no third party to this Agreement. Reinsurance Reinsurer under this Agreement shall not create any right or of legal relationship between the Reinsurer and any other person, for example, any insured, policy owner, agent, beneficiary or assignee. The Ceding Company further agrees that it will not make the Reinsurer a party to any litigation between any such third party and the Ceding Company.

Appears in 1 contract

Samples: Yrt Agreement (Nationwide Provident Vli Separate Account A)

PARTIES TO AGREEMENT. This Agreement is solely between the Ceding Company and the Reinsurer. There is no third party to this Agreement. Reinsurance under this Agreement shall not create any right or legal relationship between the Reinsurer and any other person, for example, any insured, policy owner, agent, beneficiary or assignee. The Ceding Company further agrees that it will not make the Reinsurer a party to any litigation between any such third party and the Ceding Company. This Agreement shall be binding on the parties, their successors and any permitted assigns.

Appears in 1 contract

Samples: Reinsurance Agreement (Ameritas Variable Separate Account V)

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