Oversights. Inadvertent delays, oversights, errors or omissions made in connection with this Agreement or any transaction hereunder shall not relieve either Party from any liability that would have attached had such delay, oversight, error or omission not occurred. The Parties shall nevertheless cooperate in good faith to rectify such delay, oversight, error or omission as soon as possible after discovery so that both Parties shall be restored as closely as possible to the positions they would have occupied if no delay, oversight, error or omission had occurred.
Appears in 16 contracts
Samples: Coinsurance and Modified Coinsurance Agreement (Metropolitan Life Separate Account E), Reinsurance Agreement (Prudential Discovery Select Group Variable Contract Account), Coinsurance and Modified Coinsurance Agreement (Guardian Separate Account D)
Oversights. Inadvertent delays, oversights, errors errors, or omissions made in connection with this Agreement or any transaction hereunder shall not relieve either Party from any liability that would have attached had such delay, oversight, error error, or omission not occurred. The Parties shall nevertheless cooperate in good faith to rectify such delay, oversight, error error, or omission as soon as possible after discovery so that both Parties shall be restored as closely as possible to the positions they would have occupied if no delay, oversight, error error, or omission had occurred.
Appears in 5 contracts
Samples: Assumption Reinsurance Agreement (Separate Account A), Assumption Reinsurance Agreement (Separate Account A), Assumption Reinsurance Agreement (Variable Account AA)
Oversights. Inadvertent delays, oversights, errors or omissions made in connection with this Agreement or any transaction hereunder shall not relieve either Party from any liability that would have attached had such delay, oversight, error or omission not occurred. The Parties shall nevertheless cooperate in good faith to rectify such delay, oversight, error or omission as soon as possible after discovery so that both Parties shall be restored as closely as possible to the positions they would have occupied if no delay, oversight, error or omission had occurred. Section 7.2.
Appears in 1 contract
Oversights. Inadvertent delays, oversights, errors or omissions made in connection with this Agreement or any transaction hereunder shall not relieve either Party from any liability that would have attached had such delay, oversight, error or omission not occurred;. The Parties shall nevertheless cooperate in good faith to rectify such delay, oversight, error or omission as soon as possible after discovery so that both Parties shall be restored as closely as possible to the positions they would have occupied if no delay, oversight, error or omission had occurred. Section 7.2.
Appears in 1 contract
Samples: Coinsurance and Modified Coinsurance Agreement (Prudential Annuities Life Assurance Corp/Ct)
Oversights. Inadvertent delays, oversights, errors or omissions made in connection with this Agreement or any transaction hereunder shall not relieve either Party from any liability that would have attached had such delay, oversight, error or omission not occurred. The Parties shall nevertheless cooperate in good faith to rectify such delay, oversight, error or omission as soon as possible after discovery so that both Parties shall be restored as closely as possible to the positions they would have occupied if no delay, oversight, error or omission had occurred, including complying with the provisions of Section 3.4.
Appears in 1 contract
Samples: Reinsurance Agreement (Farmers Annuity Separate Account A)
