Common use of Reinsurer’s Obligation to Indemnify Clause in Contracts

Reinsurer’s Obligation to Indemnify. The Reinsurer hereby agrees to indemnify, defend and hold harmless the Ceding Company and its Affiliates and their respective officers, directors, stockholders, employees, representatives, successors and assigns (collectively, the “Ceding Company Indemnified Parties”) from and against any and all Losses incurred by the Ceding Company Indemnified Parties to the extent arising from (i) any breach by the Reinsurer of the covenants and agreements of the Reinsurer contained in this Agreement, (ii) written instructions or objections of the Reinsurer pursuant to Section 2.3(c) or Section 2.4, (iii) any Reinsurer Extra-Contractual Obligations and (iv) any successful enforcement of this indemnity.

Appears in 3 contracts

Samples: Transition Services Agreement (AXA Equitable Holdings, Inc.), Transition Services Agreement (Protective Life Insurance Co), Transition Services Agreement (Protective Life Corp)

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Reinsurer’s Obligation to Indemnify. The Reinsurer hereby agrees to indemnify, defend and hold harmless the Ceding Company and its Affiliates and their respective officers, directors, stockholders, employees, representatives, successors and assigns (collectively, the “Ceding Company Indemnified Parties”) from and against any and all Indemnifiable Losses incurred by the Ceding Company Indemnified Parties to the extent arising from (i) any breach by the Reinsurer of the covenants and agreements of the Reinsurer contained in this Agreement, (ii) written instructions or objections and requests of the Reinsurer pursuant to Section 2.3(c) 3.8 or Section 2.43.9, (iii) any Reinsurer Extra-Contractual Obligations and Obligations, or (iv) any successful enforcement of this indemnity.

Appears in 1 contract

Samples: Master Transaction Agreement (Assurant Inc)

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Reinsurer’s Obligation to Indemnify. The Reinsurer hereby agrees to indemnify, defend and hold harmless the Ceding Company and its Affiliates and their respective officers, directors, stockholders, employees, representatives, successors and assigns (collectively, the “Ceding Company Indemnified Parties”"CEDING COMPANY INDEMNIFIED PARTIES") from and against any and all Losses incurred by the Ceding Company Indemnified Parties to the extent arising from (i) any breach by the Reinsurer of the covenants and agreements of the Reinsurer contained in this Agreement, (ii) written instructions or objections of the Reinsurer pursuant to Section SECTION 2.3(c) or Section SECTION 2.4, (iii) any Reinsurer Extra-Contractual Obligations and (iv) any successful enforcement of this indemnity.

Appears in 1 contract

Samples: Reinsurance Agreement (Mony America Variable Account L)

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