Indemnity Reinsurance Agreements Sample Clauses

Indemnity Reinsurance Agreements. Section 8.16
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Indemnity Reinsurance Agreements. At the Closing, the parties shall execute and deliver the Indemnity Reinsurance Agreements by and between each of FBIC and FFLIC, on the one hand, and each of PLICO, Empire and PLAIC, on the other hand (the “Indemnity Reinsurance Agreements”) in substantially the forms collectively attached hereto as Exhibit D.
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Indemnity Reinsurance Agreements. 65 5.12. Administrative Services Agreement. . . . . . . . . . . . . . 65 5.13. Transition Services Agreement. . . . . . . . . . . . . . . . 66 5.14. Xxxx of Sale . . . . . . . . . . . . . . . . . . . . . . . . 66 5.15. Trust Agreements . . . . . . . . . . . . . . . . . . . . . . 66 5.16(a). General Assignment Agreement. . . . . . . . . . . . . . . 66 5.16(b). Custodian Agreement . . . . . . . . . . . . . . . . . . . 66 5.17. Coinsurance and Assumption Agreement . . . . . . . . . . . . 66 5.18. Products . . . . . . . . . . . . . . . . . . . . . . . . . . 67 5.19. Employees; Severance Payments. . . . . . . . . . . . . . . . 68 5.20.
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Indemnity Reinsurance Agreements. At the Closing, Seller and Purchaser shall execute and deliver to each other the Purchaser Indemnity Reinsurance Agreement in substantially the form of Exhibit B-1 hereto, and Seller and Newco shall execute and deliver to each other the Newco Indemnity Reinsurance Agreement in substantially the form of Exhibit B-2 hereto, each of which shall be effective as of the Effective Date.
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Indemnity Reinsurance Agreements. 4 "Insurance Contracts"............................................... 4 "Insurance Liabilities"............................................. 4 "Knowledge"......................................................... 4 "Lien".............................................................. 4 "Losses"............................................................ 5 "Material Business Contracts"....................................... 5 "Minnesota SAP"..................................................... 5 "NAIC".............................................................. 5 "National Marketing Agreement"...................................... 5 "Neutral Auditors".................................................. 5 -i-
Sample 1
Indemnity Reinsurance Agreements. At the Closing, Seller and Purchaser shall execute and deliver to each other the Purchaser Indemnity Reinsurance Agreement in substantially the form of Exhibit A hereto, and Seller and LLANY shall execute and deliver to each other the LLANY Indemnity Reinsurance Agreement, the terms of which the parties will negotiate prior to Closing. Promptly following the date hereof, Seller and LLANY shall negotiate in good faith the terms of the LLANY Indemnity Reinsurance Agreement, which agreement shall be identical in all material respects to the Purchaser Indemnity Reinsurance Agreement, except for such modifications, if any, as may be deemed necessary by the parties in order for the agreement to receive approval of the New York Insurance Department. Each of the Indemnity Reinsurance Agreements shall be effective as of the Effective Date.
Sample 1
Indemnity Reinsurance Agreements. At the Closing, Seller and Purchaser shall execute and deliver to each other the Purchaser Indemnity Reinsurance Agreement, CLIC and Purchaser shall execute and deliver to each other the CLIC Indemnity Reinsurance Agreement, and Seller and LLANY shall execute and deliver to each other the LLANY Indemnity Reinsurance Agreement. Each of the Indemnity Reinsurance Agreements shall be effective as of the Effective Date.
Sample 1
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Related to Indemnity Reinsurance Agreements

  • 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;

  • 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.

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

  • 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.

  • 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.

  • 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 Contracts To the extent that any Welfare Plan is funded through the purchase of an insurance contract or is subject to any stop loss contract, the Parties shall cooperate and use their commercially reasonable efforts to replicate such insurance contracts for SpinCo or Parent as applicable (except to the extent that changes are required under applicable Law or filings by the respective insurers) and to maintain any pricing discounts or other preferential terms for both Parent and SpinCo for a reasonable term. Neither Party shall be liable for failure to obtain such insurance contracts, pricing discounts, or other preferential terms for the other Party. Each Party shall be responsible for any additional premiums, charges, or administrative fees that such Party may incur pursuant to this Section 7.06.

  • 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.

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