Examples of Other Reinsurance Agreements in a sentence
The Parties hereby agree that the Policies and Other Reinsurance Agreements shall be administered by the Reinsurer in accordance with or as otherwise provided in the Administrative Services Agreement.
Notwithstanding this Section 2.6 or Section 3.2, the Company shall retain all rights and primary responsibility with respect to payments under Other Reinsurance Agreements.
The administration of the Policies, Other Reinsurance Agreements and XX Xxxxxx shall be at the sole cost and expense of the Reinsurer.
The Parties hereby agree that the Indy Life Closed Block Policies, Other Reinsurance Agreements shall be administered in accordance with or as otherwise provided in the Administrative Services Agreement and the Transition Services Agreement.
Ceding Company shall reasonably cooperate with Reinsurer as may be necessary to enable Reinsurer to pursue any management and collection efforts related to the Other Reinsurance Agreements, provided, however, that such cooperation shall not require Ceding Company to incur material costs and expenses not reimbursed by Reinsurer or expose Ceding Company to additional risk or exposure in respect of the transactions contemplated by this Agreement.
The liability of Reinsurer under this Agreement shall (x) follow and be identical to the liability of Ceding Company in respect of the Reinsured Liabilities, and (y) remain in full force and effect without regard to the collectability of reinsurance under any Other Reinsurance Agreements.
For the avoidance of doubt, the collectability of any such reinsurance or other amounts associated with the Other Reinsurance Agreements shall be at the risk and for the account of Reinsurer.
The Parties hereby agree that the Policies, Other Reinsurance Agreements and, subject to Section 2.11, the XX Xxxxxx shall be administered in accordance with or as otherwise provided in the Administrative Services Agreement and the Transition Services Agreement.
Upon a recapture of risks reinsured under any Other Reinsurance Agreements where Reinsurer’s consent is given, liabilities recaptured by Ceding Company with respect to SHIP Health Insurance Policies will be reinsured by Reinsurer hereunder in accordance with and subject to the terms and conditions of this Agreement.