Form of Statements. All statements provided pursuant to Sections C. 1. and 2. above shall summarize the items to be settled in reasonable detail. It is intended that the statements be transmitted by facsimile or other similar means of convenient written communication, but, in the event that any statement cannot be transmitted after application of reasonable efforts, FLIC may notify MLLIC of any settlement due by oral communication, in which case FLIC shall provide hard copy of the settlement statement as promptly as practicable.
Appears in 1 contract
Sources: Assumption Reinsurance Agreement (Ml of New York Variable Annuity Separate Account)
Form of Statements. All statements provided pursuant to Sections C. 1. and 2. above shall summarize the items to be settled in reasonable detail. It is intended that the statements be transmitted by facsimile or other similar means of convenient written communication, but, in the event that any statement cannot be transmitted after application of reasonable efforts, FLIC may notify MLLIC of any settlement due by oral communication, in which case FLIC shall provide hard copy of the settlement statement as promptly as practicable.provide
Appears in 1 contract
Sources: Assumption Reinsurance Agreement (Merrill Lynch Life Variable Annunity Separate Account)