Indemnity Reinsurance Agreement Sample Clauses

Indemnity Reinsurance Agreement. At the Closing, MONY and AUSA Life shall execute and deliver to each other the Indemnity Reinsurance Agreement in substantially the form of Exhibit B hereto.
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Indemnity Reinsurance Agreement. 2 F. Policies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 G.
Indemnity Reinsurance Agreement. This Agreement is executed this 28th day of December, 1990 by and between FAMILY LIFE INSURANCE COMPANY, a Washington insurance corporation ("FLIC") and MERRXXX XXXCX XXXE INSURANCE COMPANY, a Washington insurance corporation ("MLLIC"). FLIC and MLLIC mutually agree to reinsure on the terms and conditions set out below.
Indemnity Reinsurance Agreement. The Seller and ANLIC will enter into the Indemnity Reinsurance Agreement substantially in the form of Exhibit B (the "Indemnity Reinsurance Agreement"), providing, among other things, for the indemnity reinsurance as of the Closing Date by ANLIC of the Insurance Liabilities under the Reinsured Policies, pending reinsurance of such Reinsured Policies by ANLIC and First SunAmerica on an assumption basis pursuant to the Assumption Reinsurance Agreements.
Indemnity Reinsurance Agreement. The parties each hereby acknowledge that, simultaneously with the execution of this Agreement, they intend to enter into a reinsurance agreement in the form attached hereto as Exhibit A-2 (the "Indemnity Reinsurance Agreement"). The parties intend, under the terms of the Indemnity Reinsurance Agreement, that Guardian will cede to Physicians Health Services (Bermuda) Ltd. ("PHS (Bermuda)"), an affiliate of PHS, certain specified percentages of the risks under the Out-of-Network Contracts, as more fully described in the Indemnity Reinsurance Agreement. In return, PHS (Bermuda) shall be allocated specified percentages of premiums received by Guardian with respect to the Out-of-Network Contracts. all as more fully described hi the indemnity Reinsurance Agreement.

Related to Indemnity Reinsurance Agreement

  • Reinsurance Agreements Promptly, notice of any material change or modification to any Reinsurance Agreements or Surplus Relief Reinsurance Agreements whether entered into before or after the Closing Date including Reinsurance Agreements, if any, which were in a runoff mode on the Closing Date, which change or modification could have a Material Adverse Effect;

  • Plan of Reinsurance A. Reinsurance of Life risks shall be on the risk premium basis. The risk amount on the policy reinsured shall be calculated monthly and shall be equal to the death benefit less the cash value. At the time of issue, the Ceding Company shall cede to North American Re the portion of the initial risk amount in excess of its retention. Thereafter, the Ceding Company and North American Re shall keep the same proportionate shares of the risk amount developed each month.

  • Insurance Agreement The Trustee is authorized and directed to execute and deliver the Insurance Agreement and to perform the obligations of the Trustee thereunder.

  • Tax Indemnity Agreement The Tax Indemnity Agreement (Federal Express Corporation Trust No. N584FE), dated as of February 1, 1998, between the Lessee and the Owner Participant.

  • Indemnity Agreement The Indemnity Agreement Regarding Hazardous Materials made by the Borrower and Guarantors, in favor of the Agent and the Lenders, as the same may be modified, amended or ratified, pursuant to which each of the Borrower and the Guarantors agrees to indemnify the Agent and the Lenders with respect to Hazardous Substances and Environmental Laws.

  • Insurance Matters Loan Trustee shall have received an insurance report of an independent insurance broker and the related certificates of insurance, each in form and substance reasonably satisfactory to Loan Trustee, as to the compliance with the terms of Section 7.06 of the Indenture relating to insurance with respect to the Aircraft.

  • Indemnity Agreements Simultaneously with any person becoming a Designated Director, the Company shall execute and deliver to each such Designated Director an Indemnity Agreement dated the date such Designated Director becomes a director of the Company.

  • Reinsurance Reinsurance services including, but not limited to (i) agreement to reinsurance policy and/or contract wordings and endorsements to existing policies; (ii) processing of reinsurance policy cancellations, nonrenewals and endorsements and other amendatory addenda; (iii) collection of premiums due under reinsurance policies or contracts, audits and remittances; (iv) negotiation and purchase of reinsurance coverage; (v) administration of letters of credit and other arrangements for the provision of security; and (vi) administration of reinsurance contracts.

  • Other Reinsurance The Company shall be permitted to carry other reinsurance, recoveries under which shall inure solely to the benefit of the Company and be entirely disregarded in applying all of the provisions of this Contract.

  • Insurance Indemnity Executive shall be covered by the Company’s directors’ and officers’ liability insurance policy, and errors and omissions coverage, to the extent such coverage is generally provided by the Company to its directors and officers and to the fullest extent permitted by such insurance policies. Nothing herein is or shall be deemed to be a representation by the Company that it provides, or a promise by the Company to obtain, maintain or continue any liability insurance coverage whatsoever for its executives. In addition, the Company shall enter into its standard indemnity agreement by which Company commits to indemnify a Company officer in connection with claims, suits or proceedings arising as a result of Executive’ service to the Company.

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