REINSURANCE REPORTS. The Company acknowledges that timely and correct compliance with the reporting requirements of this Agreement are a material element of the Company’s responsibilities hereunder and an important basis of the Reinsurer’s ability to reinsure the risks hereunder. Consistent and material non-compliance with reporting requirements, including extended delays, will constitute a material breach of the terms of this Agreement.
Appears in 6 contracts
Samples: Yrt Reinsurance Agreement (Nationwide VL Separate Account-G), Yrt Reinsurance Agreement (Nationwide VL Separate Account-G), Reinsurance Agreement (Vericity, Inc.)
REINSURANCE REPORTS. The Company acknowledges that timely and correct compliance with the reporting requirements of this Agreement are a material element of the Company’s 's responsibilities hereunder and an important basis of the Reinsurer’s 's ability to reinsure the risks hereunder. Consistent and material non-compliance with reporting requirements, including extended delays, will constitute a material breach of the terms of this Agreement.
Appears in 1 contract
Samples: Administered Yrt Reinsurance Agreement (Ameritas Variable Separate Account V)
