Common use of No Privity Clause in Contracts

No Privity. The Parties agree that no rights or legal duties shall arise, by virtue of the reinsurance provided under this Reinsurance Agreement, between Reinsurer and any policyholder insured by Ceding Company. Reinsurer’s liability is to Ceding Company as provided under the terms of this Reinsurance Agreement.

Appears in 2 contracts

Samples: Indemnity Reinsurance Agreement (CNO Financial Group, Inc.), Stock Purchase Agreement (CNO Financial Group, Inc.)

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No Privity. The Parties agree that no rights or legal duties shall arise, by virtue of the reinsurance provided under this Reinsurance Agreement, between Reinsurer on the one hand and SHIP or any policyholder insured by Ceding CompanyCompany on the other hand. Reinsurer’s liability is to Ceding Company as provided under the terms of this Reinsurance Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (CNO Financial Group, Inc.)

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No Privity. The Parties agree that no rights or legal duties shall arise, by virtue of the reinsurance provided under this Reinsurance Agreement, between Reinsurer and any policyholder insured by Ceding Company. Reinsurer’s liability is to Ceding Company as provided under the terms of this Reinsurance Agreement.. Section 2.7

Appears in 1 contract

Samples: Indemnity Reinsurance Agreement

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