SCOPE OF THE CONTRACT. This Contract is solely between the Company and the Reinsurer. Performance of respective obligations of each party under this Contract shall be rendered solely to the other party, except as specifically and expressly provided for in the Insolvency Article. The provisions of this Contract are intended solely for the benefit of the parties to and executing this Contract, and nothing in this Contract shall in any manner create, or be construed to create, any obligations to or establish any rights against any party to this Contract in favor of any third parties or other persons not parties to and executing this Contract.
Appears in 11 contracts
Samples: Surety Excess of Loss Reinsurance Contract (Cna Surety Corp), Surety Excess of Loss Reinsurance Contract (Cna Surety Corp), Reorganization Agreement (Capsure Holdings Corp)