Common use of Terminal Accounting and Settlement Clause in Contracts

Terminal Accounting and Settlement. (a) In the event that this Agreement is terminated for both in-force and new business, for any reasons, a shall occur. (b) The “ ” shall be the earliest of: (a) of this Agreement, or (b) any . (c) The final . (d) Reinsurer shall provide the . (e) If the Ceding Company or . (f) It is the intent of the parties that .

Appears in 1 contract

Sources: Automatic and Facultative Yrt Agreement (Massachusetts Mutual Variable Life Separate Account I)

Terminal Accounting and Settlement. (a) In the event that this Agreement is terminated for both in-force and new business, for any reasons, a shall occur. (b) The “ ” shall be the earliest of: (a) the of this Agreement, or (b) any . (c) The final . (d) Reinsurer shall provide the . (e) If the Ceding Company or . (f) It is the intent of the parties that .. [page break]

Appears in 1 contract

Sources: Automatic and Facultative Yrt Agreement (Massachusetts Mutual Variable Life Separate Account I)