Common use of Fee Agreements Clause in Contracts

Fee Agreements. (a) From and after the Effective Time, Cedant shall not agree to amend, terminate or assign any Fee Agreement or waive any of its rights under any such Fee Agreement without the written consent of Reinsurer, or except as otherwise required to comply with applicable Law. (b) At Reinsurer’s expense, Cedant shall use reasonable efforts to take any actions reasonably requested by Reinsurer to maintain in full force and effect each of the Fee Agreements and use reasonable efforts to perform fully each of the obligations thereunder. Cedant shall, at the expense of Reinsurer, reasonably assist Reinsurer in the enforcement of the rights of Cedant under the Fee Agreements.

Appears in 2 contracts

Sources: Reinsurance Novation and Release Agreement (Delaware Life Variable Account G), Reinsurance Novation and Release Agreement (Delaware Life Variable Account I)