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Common use of Funds Withheld Adjustment Clause in Contracts

Funds Withheld Adjustment. The “Funds Withheld Adjustment” shall be calculated for each Accounting Period as [(1) – (2)], where:

Appears in 11 contracts

Sources: Reinsurance Agreement (Talcott Resolution Life & Annuity Insurance Co Separate Account Seven), Reinsurance Agreement (Talcott Resolution Life & Annuity Insurance Co Separate Account Seven), Reinsurance Agreement (Talcott Resolution Life & Annuity Insur Co Separate Account Three)

Related Clauses

  • Market Adjustment
  • CPI Adjustment
  • True-Up Adjustments
  • Market Adjustments
  • Year-End Adjustment

Parent Clauses

  • Settlement of Net Initial Consideration
  • Retained Asset Accounts
  • Settlement
  • Funds Withheld Adjustment
  • RESERVES AND FUNDS WITHHELD

Sub-Clauses

  • Funds Withheld Adjustment
  • Initial Funds Withheld Adjustment
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