Common use of Administration of Policies Clause in Contracts

Administration of Policies. FLIC, or its designee, shall administer and service all Policies reinsured hereunder and perform all accounting for such Policies commencing on the Effective Date of this Agreement.

Appears in 2 contracts

Sources: Assumption Reinsurance Agreement (Ml of New York Variable Annuity Separate Account), Assumption Reinsurance Agreement (Merrill Lynch Life Variable Annunity Separate Account)