Common use of Reinsurance Credit Clause in Contracts

Reinsurance Credit. It is the intention of both the REINSURER and the CEDING COMPANY that the CEDING COMPANY qualify for reinsurance credit in all States for reinsurance ceded hereunder. The REINSURER, at its sole cost and expense, shall do all that is necessary to comply with the insurance laws and regulations of all States in order to enable the CEDING COMPANY to take credit for the reinsurance ceded hereunder, including, but not limited to, the purchase of a letter of credit and the delivery of any reports required thereunder. Hartford Life Agreement No. 2000-24NYDB Effective May 8, 2000

Appears in 2 contracts

Samples: Automatic Reinsurance Agreement (Talcott Resolution Life Insurance Co Separate Account Two), Automatic Reinsurance Agreement (Hartford Life Insurance Co Separate Account Two)

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Reinsurance Credit. It is the intention of both the REINSURER and the CEDING COMPANY that the CEDING COMPANY qualify for reinsurance credit in all States for reinsurance ceded hereunder. The REINSURER, at its sole cost and expense, shall do all that is necessary to comply with the insurance laws and regulations of all States in order to enable the CEDING COMPANY to take credit for the reinsurance ceded hereunder, including, but not limited to, the purchase of a letter of credit and the delivery of any reports required thereunder. Hartford Life and Annuity, Agreement No. 2000-24NYDB 25-DB Effective May 8October 1, 20002000 11

Appears in 2 contracts

Samples: Automatic Reinsurance Agreement (Talcott Resolution Life & Annuity Insurance Co Separate Account One), Automatic Reinsurance Agreement (Hartford Life & Annuity Insurance Co Separate Account Seven)

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Reinsurance Credit. It is the intention of both the REINSURER and the CEDING COMPANY that the CEDING COMPANY qualify for reinsurance credit in all States for reinsurance ceded hereunder. The REINSURER, at its sole cost and expense, shall do all that is necessary to comply with the insurance laws and regulations of all States in order to enable the CEDING COMPANY to take credit for the reinsurance ceded hereunder, including, but not limited to, the purchase of a letter of credit and the delivery of any reports required thereunder. Hartford Life and Annuity, Agreement No. 2000-24NYDB 24DB Effective May 8, 2000

Appears in 1 contract

Samples: Automatic Reinsurance Agreement (Hartford Life & Annuity Insurance Co Separate Account One)

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