Misunderstandings and Oversights. If any failure to pay amounts due or to perform any other act required by this Agreement is unintentional and caused by misunderstanding or oversight, the Ceding Company and the Reinsurer will adjust the situation to what it would have been had the misunderstanding or oversight not occurred.
Appears in 37 contracts
Samples: Reinsurance Agreement (Jefferson National Life Annuity Account G), Reinsurance Agreement, Reinsurance Agreement
Misunderstandings and Oversights. If any failure to pay amounts due -------------------------------- or to perform any other act required by this Agreement is unintentional and caused by misunderstanding or oversight, the Ceding Company and the Reinsurer will adjust the situation to what it would have been had the misunderstanding or oversight not occurred.
Appears in 13 contracts
Samples: Reinsurance Agreement (Separate Account B of Golden American Life Insurance Co), Reinsurance Agreement (Separate Account B of Golden American Life Insurance Co), Reinsurance Agreement (Separate Account B of Golden American Life Insurance Co)
Misunderstandings and Oversights. If any failure to pay amounts due or to perform any other act required by this Agreement is unintentional and caused by misunderstanding or and oversight, the Ceding Company and the Reinsurer will adjust the situation to what it would have been had the misunderstanding or oversight not occurred.
Appears in 5 contracts
Samples: Trust Agreement (Security National Financial Corp), Reinsurance Agreement (Midwest Holding Inc.), Custodial Agreement (Security National Financial Corp)
Misunderstandings and Oversights. If any failure to pay amounts due or to perform any other act required by this Agreement is unintentional and caused by misunderstanding or oversight, the Ceding Company and the Reinsurer will adjust the situation to what it would have been had the misunderstanding or oversight not occurred.
Appears in 3 contracts
Samples: Reinsurance Agreement (Acap Corp), Reinsurance Agreement (Acap Corp), Reinsurance Agreement (Acap Corp)
Misunderstandings and Oversights. If Except as otherwise provided with respect to Excluded Liabilities, if any failure to pay amounts due or to perform any other act required by this Agreement is unintentional and caused by misunderstanding or oversight, the Ceding Company and the Reinsurer will adjust the situation to what it would have been had the misunderstanding or oversight not occurred. A misunderstanding and oversight may only be deemed to have occurred if both the Ceding Company and Reinsurer agree to its nature and effect herein, or if such a determination is made under arbitration, as contained herein.
Appears in 2 contracts
Samples: Indemnity Reinsurance Agreement, Indemnity Reinsurance Agreement (Independence Holding Co)
Misunderstandings and Oversights. If any failure to pay amounts due or to perform any other act required by this Agreement is unintentional and caused by misunderstanding or oversight, the Ceding Company and the Reinsurer will adjust the situation to what it would have been had the misunderstanding or oversight not occurred.
Appears in 2 contracts
Samples: Coinsurance Agreement (Acap Corp), Coinsurance Agreement (Acap Corp)
Misunderstandings and Oversights. If any failure to pay amounts due or to perform any other act required by this Agreement is unintentional and caused by misunderstanding or oversight, the Ceding Company and the Reinsurer will adjust the situation to what it would have been had the misunderstanding or oversight not occurred.the
Appears in 1 contract
Samples: Reinsurance Agreement (Manufacturers Life Insurance Co of North America Sep Acc A)
Misunderstandings and Oversights. If any failure to pay amounts due or to -------------------------------- perform any other act required by this Agreement is unintentional and caused by misunderstanding or oversight, the Ceding Company and the Reinsurer will adjust the situation to what it would have been had the misunderstanding or oversight not occurred.
Appears in 1 contract
Samples: Reinsurance Agreement (General American Separate Account Two)
Misunderstandings and Oversights. If any failure to pay amounts due or to perform any other act required by this Agreement is unintentional and caused by misunderstanding or oversight, the Ceding Company and the Reinsurer will use reasonable best efforts to adjust the situation to what it would have been had the misunderstanding or oversight Oversight not occurred.
Appears in 1 contract
Samples: Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account H)
Misunderstandings and Oversights. If any failure to pay amounts due or to perform any other act required by this Agreement is unintentional and caused by misunderstanding or oversight, the Ceding Company and the Reinsurer will use reasonable best efforts to adjust the situation to what it would have been had the misunderstanding or oversight not occurred.
Appears in 1 contract
Samples: Reinsurance Agreement (Manufacturers Life Insurance Co of North America Sep Acc A)
