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Common use of Share Retention Clause in Contracts

Share Retention. Specified percentage Retention on every policy up to the Full Retention on a life.

Appears in 3 contracts

Sources: Reinsurance Agreement (Minnesota Life Individual Variable Universal Life Account), Yrt Reinsurance Agreement (Minnesota Life Individual Variable Universal Life Account), Reinsurance Agreement (COLI VUL-4 Series Account of First Great-West Life & Annuity Insurance CO)

Share Retention. Specified percentage Retention retention on every policy up to the Full Retention on a life.

Appears in 1 contract

Sources: Reinsurance Agreement (National Variable Life Insurance Account)

Related Clauses

  • Share Reserve
  • Share Dividends
  • Share Dividends; Split Ups
  • Shareholder Account Maintenance
  • Stock Compensation

Parent Clauses

  • Events of Default
  • Miscellaneous
  • Compensation
  • Deficiency Notices; Guarantee Notices
  • Interest in the Borrower

Sub-Clauses

  • Limitations on Transfers of Shares
  • Ownership and Share Retention
  • Restriction on Transfers
  • Share Registry; Legends on Shares; Notice of Transfers
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