Delayed Payment. Premium balances that remain unpaid for more than thirty (30) days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as thirty (30) days after the end of the reporting period. Interest will be calculated using the index specified in Article 13.5 − Interest Rate.
Appears in 7 contracts
Sources: Reinsurance Agreement (Riversource of New York Account 8), Reinsurance Agreement (Riversource Variable Life Separate Account), Reinsurance Agreement (Riversource of New York Account 8)
Delayed Payment. Premium balances that remain unpaid for more than thirty (30) 30 days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as thirty (30) 30 days after the end of the reporting period. Interest will be calculated using the index specified in Article 13.5 − Interest Rate.-
Appears in 7 contracts
Sources: Automatic Yrt Reinsurance Agreement (Ids Life of New York Account 8), Automatic Yrt Reinsurance Agreement (Ids Life Variable Life Separate Account), Automatic Yrt Reinsurance Agreement (Ids Life Variable Life Separate Account)
Delayed Payment. Premium balances that remain unpaid for more than thirty (30) days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as thirty (30) days after the end of the reporting period. Interest will be calculated using the index specified in Article 13.5 − Interest Rate12.5.
Appears in 5 contracts
Sources: Reinsurance Agreement (Ameritas Variable Separate Account V), Automatic Yrt Reinsurance Agreement (First Trinity Financial CORP), Automatic Yrt Second Excess Reinsurance Agreement (First Trinity Financial CORP)
Delayed Payment. Premium balances that remain unpaid for more than thirty (30) days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as thirty (30) days after the end of the reporting period. Interest will be calculated using the index specified in Article 13.5 − Interest Rate.as
Appears in 4 contracts
Sources: Reinsurance Agreement (Riversource Variable Life Separate Account), Reinsurance Agreement (Ids Life Variable Life Separate Account), Reinsurance Agreement (Ids Life Variable Life Separate Account)
Delayed Payment. Premium balances that remain unpaid for more than thirty (30) days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as thirty (30) days after the end of the reporting period. Interest will be calculated using the index specified in Article 13.5 − - Interest Rate.. IDSL VUL4/LP Select Treaty 6
Appears in 4 contracts
Sources: Reinsurance Agreement (Ids Life Variable Life Separate Account), Reinsurance Agreement (Ids Life Variable Life Separate Account), Reinsurance Agreement (Ids Life Variable Life Separate Account)
Delayed Payment. Premium balances that remain unpaid for more than thirty (30) days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as thirty (30) days after the end of the reporting period. Interest will be calculated using the index specified in Article 13.5 − Interest Rate.13.5
Appears in 3 contracts
Sources: Reinsurance Agreement (Riversource of New York Account 8), Reinsurance Agreement (Riversource Variable Life Separate Account), Reinsurance Agreement (Riversource Variable Life Separate Account)
Delayed Payment. Premium balances that remain unpaid for more than thirty (30) days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as thirty (30) days after the end of the reporting period. Interest will be calculated using the index specified in Article 13.5 − Interest RateSection 14.6.
Appears in 3 contracts
Sources: Reinsurance Agreement (Ameritas Variable Separate Account V), Reinsurance Agreement (Ameritas Variable Separate Account V), Reinsurance Agreement (Penn Mutual Variable Life Account I)
Delayed Payment. Premium balances that remain unpaid for more than thirty (30) days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as thirty (30) days after the end of the reporting period. Interest will be calculated using the index specified in Article 13.5 − - Interest Rate.. IDSL-NY VUL4/LP Select Treaty 6
Appears in 3 contracts
Sources: Reinsurance Agreement (Ids Life of New York Account 8), Reinsurance Agreement (Ids Life of New York Account 8), Reinsurance Agreement (Ids Life of New York Account 8)
Delayed Payment. Premium balances that remain unpaid for more than thirty (30) days after the Remittance Date will may incur interest from the end of the reporting periodReporting Period. The Remittance Date is defined as thirty (30) days after the end of the reporting periodReporting Period. Interest will be calculated using The Ceding Company or Munich Re, U.S. (Life) has the index specified right to exercise the interest penalty which shall equal the annual effective interest rate based on the 180 day Treasury rate as reported in Article 13.5 − Interest Ratethe Wall Street Journal on the date the payment becomes due plus 100 basis points (1%).
Appears in 2 contracts
Sources: Reinsurance Agreement (Nationwide VL Separate Account-G), Reinsurance Agreement (Nationwide Vli Separate Account 4)
Delayed Payment. Premium balances that remain unpaid for more than thirty (30) days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as thirty (30) days after the end of the reporting period. Interest will be calculated using the index specified in Article 13.5 − Interest Rate13.7.
Appears in 2 contracts
Sources: Automatic Yrt Reinsurance Agreement (Tiaa-Cref Life Separate Account Vli-1), Reinsurance Agreement (National Variable Life Insurance Account)
Delayed Payment. Premium balances that remain unpaid for more than thirty (30) days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as thirty (30) days after the end of the reporting period. Interest will be calculated using the index specified in Article 13.5 − - Interest Rate.
Appears in 2 contracts
Sources: Reinsurance Agreement (Ids Life of New York Account 8), Reinsurance Agreement (Ids Life of New York Account 8)
Delayed Payment. Premium balances that remain unpaid for more than thirty (30) days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as thirty (30) days after the end of the reporting period. Interest will be calculated using the index specified in Article 13.5 − - Interest Rate.. IDSL VUL4 / LP Select Treaty 6
Appears in 1 contract
Sources: Reinsurance Agreement (Ids Life Variable Life Separate Account)
Delayed Payment. Premium balances that remain unpaid for more than thirty (30) days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as thirty (30) days after the end of the reporting period. Interest will be calculated using the index specified in Article 13.5 − Interest Rate.-
Appears in 1 contract
Sources: Reinsurance Agreement (Ids Life Variable Life Separate Account)
Delayed Payment. Premium balances that remain unpaid for more than thirty (30) days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as thirty (30) days after the end of the reporting period. Interest will be calculated using the index specified in Article 13.5 − Interest Rate.IDSL - [redacted] 7 VUL IV Plus/VUL IV Plus-ES Doc# 2081398
Appears in 1 contract
Sources: Reinsurance Agreement (Ids Life Variable Life Separate Account)
Delayed Payment. Premium Undisputed premium balances that remain unpaid for more than thirty (30) 60 days after from the Remittance Date remit date will incur interest from the end of the reporting period. The Remittance Date remit date is defined as thirty (30) 20 days after the end of the reporting period. Interest will be calculated using the index specified 13-week Treasury Bill rate reported in Article 13.5 − Interest Ratethe "Money Rates" section of the Wall Street Journal for the last business day of the month of that reporting period.
Appears in 1 contract
Sources: Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii)
Delayed Payment. Premium balances that remain unpaid for more than thirty (30) days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as thirty (30) days after the end of the reporting period. Interest will be calculated using the index specified in In Article 13.5 − Interest Rate12,5.
Appears in 1 contract
Sources: Automatic and Facultative Yrt Reinsurance Agreement (Nationwide VL Separate Account-G)