Common use of DUTY TO DISCLOSE Clause in Contracts

DUTY TO DISCLOSE. This Agreement requires the continuing utmost good faith of the parties, their representatives, successors, and assigns. This includes, but is not limited to, a duty of full and fair disclosure, as reasonably determined by an independent actuary, of all information respecting the formation and continuation of this Agreement, and the Policies reinsured hereunder and the duty to make true and complete representations in such disclosures.

Appears in 3 contracts

Samples: Reinsurance Agreement (Nationwide VL Separate Account-G), Automatic and Facultative (Nationwide VL Separate Account-G), Automatic and Facultative (Nationwide VLI Separate Account-7)

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DUTY TO DISCLOSE. This Agreement requires the continuing utmost good faith of the parties, their representativesRepresentatives, successors, and assigns. This includes, but is not limited to, a duty of full and fair disclosure, as reasonably determined by an independent actuary, of all information respecting the formation and continuation of this Agreement, and the Policies reinsured hereunder and the duty to make true and complete representations in such disclosures.

Appears in 2 contracts

Samples: Automatic Yrt (Nationwide Vli Separate Account 4), Nationwide VL Separate Account-G

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