Common use of Sanctions Exclusions Clause in Contracts

Sanctions Exclusions. The Reinsurer will not be liable to provide any coverage or make any payment hereunder if to do so would be in violation of any sanctions Applicable Law that would expose the Reinsurer or any of its Affiliates to any sanctions, prohibition, restriction or penalty under such sanctions Applicable Law.

Appears in 5 contracts

Samples: Reinsurance Agreement (Aspen Insurance Holdings LTD), Reinsurance Agreement (Aspen Insurance Holdings LTD), Reinsurance Agreement (Aspen Insurance Holdings LTD)

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Sanctions Exclusions. The Reinsurer will not be liable to provide any coverage or make any payment hereunder if to do so would be in violation of any sanctions Applicable Law relating to sanctions that would expose the Reinsurer or any of its Affiliates to any sanctions, prohibition, restriction or penalty under any such sanctions Applicable LawLaw relating to sanctions.

Appears in 1 contract

Samples: Reinsurance Agreement (Axis Capital Holdings LTD)

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