Terminal Accounting. Terminal Accounting" shall mean the accounting delivered by the Reinsurer to the Company, providing for the settlement between the parties upon termination of this Agreement and/or recapture of the Contracts reinsured hereunder.
Appears in 2 contracts
Sources: Automatic Reinsurance Agreement (Variable Annuity Account B), Automatic Reinsurance Agreement (Variable Annuity Account B)
Terminal Accounting. Terminal Accounting" shall mean the accounting delivered by the Reinsurer to the Company, providing for the settlement between the parties upon termination of this Agreement and/or recapture of the Contracts Policies reinsured hereunder.
Appears in 1 contract
Sources: Coinsurance and Servicing Agreement (Kansas City Life Insurance Co)