Common use of Reinsurer’s Liability Clause in Contracts

Reinsurer’s Liability. The liability of the Reinsurer with respect to any contract reinsured hereunder will begin simultaneously with that of the Company, but not prior to the Effective Date of this Agreement. The Reinsurer’s liability with respect to any contract reinsured hereunder will terminate with that of the Company on the date the Company’s liability on such contract is terminated.

Appears in 3 contracts

Samples: Trust Agreement (Security National Financial Corp), Reinsurance Agreement (Midwest Holding Inc.), Custodial Agreement (Security National Financial Corp)

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Reinsurer’s Liability. The liability of the Reinsurer with respect to any contract reinsured hereunder will begin simultaneously with that of the Company, but not prior to the Effective Date of this Agreement. The Reinsurer’s 's liability with respect to any contract reinsured hereunder will terminate with that of the Company on the date the Company’s 's liability on such contract is terminated.

Appears in 2 contracts

Samples: Reinsurance Agreement (Security National Financial Corp), Reinsurance Agreement (Security National Financial Corp)

Reinsurer’s Liability. The liability of the Reinsurer with respect to any contract reinsured hereunder Policy will begin simultaneously with that of the Company, but not prior to the Effective Date of this Agreement. The Reinsurer’s 's liability with respect to any contract reinsured hereunder Policy will terminate with that of the Company on the date the Company’s 's liability on such contract Policy is terminated.

Appears in 2 contracts

Samples: Reinsurance Agreement (Acap Corp), Reinsurance Agreement (Acap Corp)

Reinsurer’s Liability. The liability Reinsurer's Portion of the Reinsurer liability with respect to any contract reinsured hereunder Policy will begin simultaneously with that of the Company's, but not prior to the Effective Date of this Agreement. The Reinsurer’s 's Portion of the liability with respect to any contract reinsured hereunder Policy will terminate simultaneously with that of the Company on the date the Company’s liability on such contract is terminated's.

Appears in 1 contract

Samples: Coinsurance Agreement (Acap Corp)

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Reinsurer’s Liability. The liability of the Reinsurer Reinsurer, with respect to any contract policy reinsured hereunder hereunder, will begin simultaneously with that of the Company, but not prior to the Effective Date of this Agreement. The Reinsurer’s 's liability with respect to any contract policy reinsured hereunder will terminate with that of the Company on the date the Company’s liability on such contract is terminated.end on:

Appears in 1 contract

Samples: Reinsurance Agreement (Acap Corp)

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