Common use of Programs of Internal Replacement Clause in Contracts

Programs of Internal Replacement. (a) Unless otherwise agreed by the Parties, the Ceding Company will not, and will cause its Affiliates not to, directly or indirectly, undertake, solicit, sponsor or support any exchange program in respect of the Covered Insurance Policies (an “Exchange Program”) or otherwise target in a directed, programmatic or systematic manner, the Covered Insurance Policies for replacement (a “Replacement Program”).

Appears in 7 contracts

Samples: Modified Coinsurance Agreement (SAFG Retirement Services, Inc.), Combination Coinsurance and Modified Coinsurance Agreement (SAFG Retirement Services, Inc.), Combination Coinsurance and Modified Coinsurance Agreement (SAFG Retirement Services, Inc.)

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