Common use of Representations and Warrants Clause in Contracts

Representations and Warrants. The Ceding Company and the Reinsurer agree that all matters with respect to this Agreement require their utmost good faith. Each party represents and warrants to the other party that it is solvent on a statutory basis in all jurisdictions in which it does business or is licensed.

Appears in 4 contracts

Samples: Reinsurance Agreement (Talcott Resolution Life & Annuity Insurance Co Separate Account Seven), Reinsurance Agreement (Talcott Resolution Life & Annuity Insurance Co Separate Account Seven), Reinsurance Agreement (Hartford Life & Annuity Insur Co Separate Account Three)

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Representations and Warrants. The Ceding Company and the Reinsurer agree that all matters with respect to this Agreement require their utmost ulmost good faith. Each party represents and warrants to the other party that it is solvent on a statutory basis in all jurisdictions in which it does business or is licensed.

Appears in 3 contracts

Samples: Reinsurance Agreement (Variable Account D of Union Security Insurance Co), Reinsurance Agreement (Talcott Resolution Life & Annuity Insurance Co Separate Account One), Reinsurance Agreement (Hartford Life Insurance Co Separate Account Seven)

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