Common use of Notice to Administrator Clause in Contracts

Notice to Administrator. The Company shall give prompt notice to the Administrator of any Legal Proceeding made or brought against the Company after the Inception Date arising under or in connection with the Reinsured Contracts to the extent known to it and not made against or served on the Administrator or a Subcontractor as administrator hereunder, and in no event more than five (5) Business Days after receipt of notice thereof, and shall promptly furnish to the Administrator copies of all pleadings in connection therewith. The Administrator shall assume the defense of the Company.

Appears in 10 contracts

Samples: Administrative Services Agreement (Genworth Financial Inc), Reinsurance Agreement (Genworth Financial Inc), Administrative Services Agreement (Genworth Financial Inc)

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Notice to Administrator. The Company shall give prompt notice to the Administrator of any Legal Proceeding made or brought against the Company after the Inception Effective Date arising under or in connection with the Reinsured Policies and the Subject Contracts to the extent known to it and not made against or served on the Administrator or a Subcontractor as administrator hereunder, and in no event more than five (5) 10 Business Days after receipt of notice thereof, and shall promptly furnish to the Administrator copies of all pleadings in connection therewith. The Administrator shall assume the defense of the Company.

Appears in 2 contracts

Samples: Servicing Agreement (Sun Life Financial Inc), Stock Purchase Agreement (Sun Life Financial Inc)

Notice to Administrator. The Company shall give prompt notice to the Administrator of any Legal Proceeding made or brought against the Company after the Inception Date arising under or in connection with the Reinsured Contracts Novated Policies to the extent known to it and not made against or served on the Administrator or a Subcontractor as administrator hereunder, and in no event more than five (5) Business Days after receipt of notice thereof, and shall promptly furnish to the Administrator copies of all pleadings in connection therewith. The Administrator shall assume the defense of the Company.

Appears in 2 contracts

Samples: Retrocession Agreement (Genworth Financial Inc), Retrocession Agreement (Genworth Financial Inc)

Notice to Administrator. The Company shall give prompt notice to the Administrator of any Legal Proceeding or Claim made or brought against the Company Company, whether before, on or after the Inception Date Effective Date, arising under or in connection with the Reinsured Contracts Insurance Contracts, Claims or the Ceded Reinsurance Agreements to the extent known to it and not made against or served on the Administrator or a Subcontractor as administrator hereunder, and in no event more than five (5) Business Days after receipt of notice thereofthe Effective Date, and shall promptly furnish to the Administrator copies of all pleadings in connection therewiththerewith that are received by Company. The Administrator shall assume the defense of the Company.

Appears in 1 contract

Samples: Purchase Agreement (Tower Group, Inc.)

Notice to Administrator. The Company shall give prompt notice to the Administrator of any Legal Proceeding made or brought against the Company after the Inception Effective Date arising under or in connection with the Reinsured Contracts Policies to the extent known to it and not made against or served on the Administrator or a Subcontractor as administrator hereunderSubcontractor, and in no event more than five (5) Business Days business days after receipt of notice thereofhereof, and shall promptly furnish to the Administrator copies of all pleadings in connection therewith. The Administrator shall assume the defense of the Company.

Appears in 1 contract

Samples: Administrative Services Agreement (Allstate Life Insurance Co)

Notice to Administrator. The Company shall give prompt notice to the Administrator of any Legal Proceeding made or brought against the Company after the Inception Closing Date arising under or in connection with the XXXX Contracts or the Reinsured Contracts Contracts, to the extent known to it and not made against or served on the Administrator or a Subcontractor as administrator hereunderhereunder within such time as to permit timely response by the Administrator, and in no event more than five ten (510) Business Days after receipt of notice thereof, and shall promptly furnish to the Administrator copies of all pleadings in connection therewith. The Administrator shall assume the defense of the CompanyCompany with respect to all Legal Proceedings. Section 6.4.

Appears in 1 contract

Samples: Administrative Services Agreement (Allstate Financial Advisors Separate Account I)

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Notice to Administrator. The Company shall give prompt notice to the Administrator of any Legal Proceeding made or brought against the Company after the Inception Effective Date arising under or in connection with the Reinsured Contracts Policies to the extent known to it and not made against or served on the Administrator or a Subcontractor as administrator hereunder, and in no event more than five (5) 10 Business Days after receipt of notice thereof, and shall promptly furnish to the Administrator copies of all pleadings in connection therewith. The Administrator shall assume the defense of the Company.

Appears in 1 contract

Samples: Servicing Agreement (Sun Life Financial Inc)

Notice to Administrator. The Company shall give prompt notice to the Administrator of any Legal Proceeding or Claim made or brought against the Company on or after the Inception Date Effective Date, arising under or in connection with the Reinsured Contracts Insurance Contracts, Claims or the Ceded Reinsurance Agreements to the extent known to it and not made against or served on the Administrator or a Subcontractor as administrator hereunder, and in no event more than five (5) Business Days after receipt of notice thereofSubcontractor, and shall promptly furnish to the Administrator copies of all pleadings in connection therewiththerewith that are received by Company. The Administrator shall assume the defense of the Company.

Appears in 1 contract

Samples: Purchase Agreement (Tower Group, Inc.)

Notice to Administrator. The Company Each of the Companies shall give prompt notice to the Administrator of any Legal Proceeding made or brought against the such Company after the Inception Date arising under or in connection with the Reinsured Administered Contracts to the extent known to it and not made against or served on the Administrator or a Subcontractor as administrator hereunderhereunder within such time as to permit timely response by the Administrator, and in no event more than five (5) Business Days after receipt of notice thereof, and shall promptly furnish to the Administrator copies of all pleadings in connection therewith. The Administrator shall assume the defense of the Company.

Appears in 1 contract

Samples: Administrative Services Agreement (Tiptree Financial Inc.)

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