Deposits of the Reserve. 1. The Reinsurer shall deposit with the Reinsured the Reinsurer’s quota share percentage of the modified coinsurance reserves for the business reinsured under this Agreement. 2. For the purpose of this treaty, modified coinsurance reserves are defined in Article X. 3. Deposits by the Reinsured of reinsurance premium payments into the segmented asset portfolio, in accordance with Article XV, shall satisfy the Reinsured’s obligation thereunder to deposit the reinsurance premiums to the Reinsurer.
Appears in 4 contracts
Sources: Reinsurance Agreement (Retirement Builder Variable Annuity Account), Reinsurance Agreement (Separate Account Va-2l), Reinsurance Agreement (Separate Account Va X)
Deposits of the Reserve. 1. The Reinsurer shall deposit with the Reinsured the Reinsurer’s quota share percentage of the modified coinsurance reserves for the business policies reinsured under this Agreement.
2. For the purpose of this treaty, modified coinsurance reserves are defined in Article X.X. FUV-011 – May 1, 2007 6
3. Deposits by the Reinsured of reinsurance premium payments into the segmented segregated asset portfolio, in accordance with Article XV, shall satisfy the Reinsured’s obligation thereunder hereunder to deposit the reinsurance premiums to the Reinsurer.
Appears in 3 contracts
Sources: Reinsurance Agreement (Separate Account Va B), Reinsurance Agreement (Separate Account Va C), Reinsurance Agreement (Separate Account Va X)
Deposits of the Reserve. 1. The Reinsurer shall deposit with the Reinsured the Reinsurer’s quota share percentage of the modified coinsurance reserves for the business policies reinsured under this Agreement.
2. For the purpose of this treaty, modified coinsurance reserves are defined in Article X.
3. Deposits by the Reinsured of reinsurance premium payments into the segmented segregated asset portfolio, in accordance with Article XV, shall satisfy the Reinsured’s obligation thereunder hereunder to deposit the reinsurance premiums to the Reinsurer.
Appears in 1 contract