Common use of Estimations Clause in Contracts

Estimations. If the amounts, as described in Paragraph 3 above, cannot be determined by the dates described in Paragraph 4 above, on an exact basis, such payments will be paid in accordance with a mutually agreed upon formula which will approximate the actual payments. Adjustments will then be made to reflect actual amounts when they become available.

Appears in 19 contracts

Sources: Reinsurance Agreement (Separate Account Va V), Reinsurance Agreement (Separate Account Va B), Reinsurance Agreement (Separate Account Va Q)

Estimations. If the amounts, as described in Paragraph 3 above, ----------- cannot be determined by the dates described in Paragraph 4 above, on an exact basis, such payments will be paid in accordance with a mutually agreed upon formula which will approximate the actual payments. Adjustments will then be made to reflect actual amounts when they become available.

Appears in 13 contracts

Sources: Reinsurance Agreement (Separate Account B of Golden American Life Insurance Co), Reinsurance Agreement (Separate Account B of Golden American Life Insurance Co), Reinsurance Agreement (Golden American Life Insurance Co /Ny/)

Estimations. If the amounts, as described defined in Paragraph 3 above, cannot be determined by the dates described in Paragraph 4 above, on an exact basis, such payments will be paid in accordance with a mutually agreed upon formula which will approximate the actual payments. Adjustments will then be made to reflect actual amounts when they become available.

Appears in 9 contracts

Sources: Reinsurance Agreement (Jefferson National Life Annuity Account G), Reinsurance Agreement (Separate Account a of Pacific Life Insurance Co), Reinsurance Agreement (Genworth Life & Annuity VA Separate Account 2)

Estimations. If the amounts, as described in Paragraph 3 4 above, cannot be determined by the dates described in Paragraph 4 5 above, on an exact basis, such payments will be paid in accordance with a mutually agreed upon formula which will approximate the actual payments. Adjustments will then be made to reflect actual amounts when they become available.

Appears in 3 contracts

Sources: Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account H), Reinsurance Agreement (Nasl Variable Account), Reinsurance Agreement (Nasl Variable Account)

Estimations. If the amounts, as described defined in Paragraph 3 4 above, cannot be determined by the at such dates described as defined in Paragraph 4 5 above, on an exact basis, such payments will be paid in accordance with a mutually agreed upon agreeable formula which will approximate the actual payments. Adjustments will then be made to reflect actual amounts when they become available.

Appears in 3 contracts

Sources: Reinsurance Agreement (Security National Financial Corp), Reinsurance Agreement (Security National Financial Corp), Reinsurance Agreement (Security National Financial Corp)

Estimations. If the amounts, as described in Paragraph Paragraphs 3 and 4 above, cannot be determined by the dates described in Paragraph 4 5 above, on an exact basis, such payments will be paid in accordance with a mutually agreed upon formula which will approximate the actual payments. Adjustments will then be made to reflect actual amounts when they become available.

Appears in 2 contracts

Sources: Reinsurance Agreement (North American Security Life Insurance Co), Reinsurance Agreement (Manufacturers Life Insurance Co of North America Sep Acc A)

Estimations. If the amounts, as described in Paragraph 3 above, amounts due hereunder cannot be determined by the at such ----------- dates described as defined in Paragraph 4 3 above, on an exact basis, such payments will be paid in accordance with a mutually agreed upon formula which will approximate the based on reasonable estimations of actual payments. Adjustments will then be made to reflect actual amounts when they become availabledue as soon as possible.

Appears in 2 contracts

Sources: Indemnity Retrocession Agreement (Metlife Investors Variable Annuity Account One), Indemnity Retrocession Agreement (Metlife of Ct Separate Account Eleven for Variable Annuities)

Estimations. If the amounts, as described in Paragraph 3 2 above, cannot be determined by the dates described in Paragraph 4 3 above, on an exact basis, such payments will be paid in accordance with a mutually agreed upon formula which will approximate the actual payments. Adjustments will then be made to reflect actual amounts when they become available.

Appears in 2 contracts

Sources: Reinsurance Agreement, Reinsurance Agreement (Pacific Select Exec Separate Acct Pacific Life Ins)

Estimations. If the amounts, as described in Paragraph Sections 3 and 4 above, cannot be determined by the dates described in Paragraph 4 abovethose sections, on an exact basis, such payments will be paid in accordance with a mutually agreed upon formula which will approximate the actual payments. Adjustments will then be made to reflect actual amounts when they become available.

Appears in 1 contract

Sources: Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account H)

Estimations. If the amounts, as described defined in Paragraph 3 4 above, cannot be determined by the dates described in Paragraph 4 5 above, on an exact basis, such payments will be paid in accordance with a mutually agreed upon formula which will approximate the actual payments. Adjustments will then be made to reflect actual amounts when they become available.

Appears in 1 contract

Sources: Reinsurance Agreement (PHL Variable Accumulation Account II)

Estimations. If the amounts, as described defined in Paragraph 3 4 above, cannot be determined by the dates described at such dates, as defined in Paragraph 4 5 above, on an exact basis, such payments will be paid in accordance with a mutually agreed upon agreeable formula which that will approximate the actual payments. Adjustments will then be made to reflect actual amounts when they become available.

Appears in 1 contract

Sources: Reinsurance Agreement (Security National Financial Corp)

Estimations. If the amounts, as described in Paragraph Paragraphs 3 and 4 above, cannot be determined by the dates described in Paragraph 4 5 above, on an exact basis, such payments will be paid in accordance with a mutually agreed agreed-upon formula which will approximate the actual payments. Adjustments will then be made to reflect actual amounts when they those become available.

Appears in 1 contract

Sources: Reinsurance Agreement (Vericity, Inc.)

Estimations. If the amounts, amounts as described in Paragraph 3 above, cannot be determined by the dates described in Paragraph 4 above, above on an exact basis, such payments will be paid in accordance with a mutually agreed upon formula which will approximate the actual payments. Adjustments will then be made to reflect actual amounts when they become available.

Appears in 1 contract

Sources: Reinsurance Agreement (Hartford Life Insurance Co Separate Account Ten)

Estimations. If the amounts, as described defined in Paragraph 3 2 above, cannot be determined by the at such dates described in Paragraph 4 above, on an exact basis, such payments will be paid in accordance with a mutually agreed upon formula which will approximate the actual payments. Adjustments will then be made to reflect actual amounts when they become are available.

Appears in 1 contract

Sources: Excess of Loss Reinsurance Agreement (Americo Life Inc)

Estimations. If the amounts, as described in Paragraph 3 above, cannot be ----------- determined by the dates described in Paragraph 4 above, on an exact basis, such payments will be paid in accordance with a mutually agreed upon formula which will approximate the actual payments. Adjustments will then be made to reflect actual amounts when they become available.

Appears in 1 contract

Sources: Reinsurance Agreement (General American Separate Account Two)