Restrictions on Redomestication. From and after the date hereof, Reinsurer shall not redomesticate to any jurisdiction, including Iowa, whereby due to Law the first priority and exclusive lien in favor of the Ceding Company pursuant to the Trust Agreement is, or would reasonably be expected to be, adversely affected.
Appears in 2 contracts
Samples: Coinsurance and Modified Coinsurance Agreement (Equitable Holdings, Inc.), Coinsurance and Modified Coinsurance Agreement (Equitable Financial Life Insurance Co)
Restrictions on Redomestication. From and after the date hereof, the Reinsurer shall not redomesticate to any jurisdiction, including Iowa, whereby due to applicable Law the first priority and exclusive lien in favor of the Ceding Company pursuant to the Trust Agreement or the Security and Control Agreement is, or would reasonably be expected to be, adversely affected.
Appears in 2 contracts
Samples: Coinsurance and Modified Coinsurance Agreement (John Hancock Life Insurance Co of New York Separate Account A), Coinsurance and Modified Coinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account H)