Reinsurer’s Obligation to Indemnify. The Reinsurer hereby indemnifies the Ceding Company and its directors, officers, employees, Affiliates, successors, permitted assigns, agents and representatives (collectively, the "CEDING COMPANY INDEMNITEES") from and against and agrees to hold each of them harmless from any and all claim, damage, loss, liability, fine and expense (including reasonable attorneys' fees and other expenses of investigation in connection with any action, suit or proceeding) (each, a "LOSS") incurred or suffered by the Ceding Company Indemnitees arising out of or resulting from any breach by the Reinsurer of any representation, warranty or term of this Agreement.
Appears in 3 contracts
Samples: Funds Withheld Coinsurance and Modified Coinsurance Agreement (Forethought Life Insurance Co Separate Account A), Coinsurance Agreement (Separate Account Va-K of Commonwealth Annuity & Life Insurance Co), Coinsurance Agreement (Separate Account Va-K of Commonwealth Annuity & Life Insurance Co)
Reinsurer’s Obligation to Indemnify. The Reinsurer hereby indemnifies the Ceding Company and its directors, officers, employees, Affiliates, successors, permitted assigns, agents and representatives (collectively, the "CEDING COMPANY INDEMNITEES") from and against against, and agrees to hold each of them harmless from from, any and all claim, damage, loss, liability, fine and expense (including reasonable attorneys' fees and other expenses of investigation in connection with any action, suit or proceeding) (each, a "LOSS") incurred or suffered by the Ceding Company Indemnitees arising out of or resulting from any breach by the Reinsurer of any representation, warranty or term of this Agreement.
Appears in 1 contract
Samples: Reinsurance Agreement (Forethought Life Insurance Co Separate Account A)
