Common use of LIABILITY OF REINSURER Clause in Contracts

LIABILITY OF REINSURER. Reinsurer's liability for reinsurance under this Agreement shall follow that of Ceding Company in every case, and be subject in all respects to the general stipulations, terms, clauses, conditions, waivers and modifications of the Variable Annuity Contracts. In no event shall Reinsurer have any reinsurance liability unless the Variable Annuity Contract issued by Ceding Company is in force and the underwriting and issuance of coverage by Ceding Company constitutes the doing of business in a state of the United States of America or in territories of the United States of America in which Ceding Company is properly licensed and authorized to do business.

Appears in 4 contracts

Samples: Reinsurance Agreement (Itt Hartford Life & Annuity Insurance Co Separate Account On), Reinsurance Agreement (Hartford Life Insurance Company Separate Account Two), Reinsurance Agreement (Hartford Life Insurance Co Separate Account Three)

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