Initial Consideration. The Ceding Company will pay the Reinsurer an Initial Consideration equal to the quota share, as defined in Schedule A, of the Account Value on all annuities reinsured under this Agreement, calculated as of the Effective Date of this Agreement.
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)