Common use of EXTRA-CONTRACTUAL DAMAGES Clause in Contracts

EXTRA-CONTRACTUAL DAMAGES. In no event shall the Reinsurer be liable for any Extra-Contractual Obligations awarded against the Ceding Company as a result of any act, omission or course of conduct committed solely by the Ceding Company, its agents or representatives in connection with claims under this Agreement, nor for any legal fees or expenses incurred in the defense of such claims.

Appears in 9 contracts

Samples: Reinsurance Agreement (Ameritas Variable Separate Account V), Reinsurance Agreement (Nationwide VLI Separate Account-7), Yrt Reinsurance Agreement (Farmers Variable Life Separate Account A)

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EXTRA-CONTRACTUAL DAMAGES. In no event shall will the Reinsurer be liable for any Extra-Contractual Obligations obligations awarded against the Ceding Company as a result of any act, omission or course of conduct committed solely by the Ceding Company, its agents or representatives in connection with claims under this Agreement, nor for any legal fees or expenses incurred in the defense of such claims.

Appears in 1 contract

Samples: Ance Agreement (Farmers Variable Life Separate Account A)

EXTRA-CONTRACTUAL DAMAGES. In no event shall the Reinsurer be liable for any Extra-Contractual Obligations awarded against the Ceding Company as a result of any act, omission or course of conduct committed solely by the Ceding Company, its agents or representatives in connection with claims under this Agreement, nor for any legal fees or expenses incurred in the defense of such claims.. (460, C01) 10000-00-00 18 12/14/2017

Appears in 1 contract

Samples: Reinsurance Agreement (Penn Mutual Variable Life Account I)

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EXTRA-CONTRACTUAL DAMAGES. In no event shall the Reinsurer be liable for any Extra-Contractual Obligations awarded against the Ceding Company as a result of any act, omission or course of conduct committed solely by the Ceding Company, its agents or representatives in connection with claims under this Agreement, nor for any legal fees or expenses incurred in the defense of such claims.. (019)11220-00-00 00 2/16/2011

Appears in 1 contract

Samples: Reinsurance Agreement (Ameritas Variable Separate Account V)

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