Active Life Reserve. Actuaries for REINSURER and CEDENT shall determine the appropriate amount of active life reserve, as of the Valuation Date, for the Policies (“Active Life Reserve”). The Active Life Reserve will be deducted from the Coinsurance Premium.
Appears in 4 contracts
Samples: Coinsurance Agreement (Utg Inc), Coinsurance Agreement (Utg Inc), Coinsurance Agreement (Utg Inc)
