Adjustment of Trust Assets and Withdrawals. (a) The amount of assets to be maintained in the Reinsurance Trust Account shall be adjusted following the end of each calendar quarter in accordance with the Reserve Report for the last calendar month of each calendar quarter provided to the Reinsurer pursuant to the terms of Section 8.1. Such report shall set forth the amount by which the Security Balance equals or exceeds the Required Balance, in each case as of the end of the immediately preceding calendar quarter.
Appears in 4 contracts
Samples: Coinsurance Agreement (Primerica, Inc.), Coinsurance Agreement (Primerica, Inc.), Coinsurance Agreement (Primerica, Inc.)
Adjustment of Trust Assets and Withdrawals. (a) The amount of assets to be maintained in each of the Reinsurance Trust Account Accounts shall be adjusted following the end of each calendar quarter in accordance with the Reserve Report for the last calendar month of each calendar quarter provided to the Reinsurer pursuant to the terms of Section 8.1. Such report shall set forth the amount by which the Security Balance equals or exceeds the Required Balance, in each case as of the end of the immediately preceding calendar quarter.
Appears in 2 contracts
Samples: Coinsurance Agreement (Primerica, Inc.), Coinsurance Agreement (Primerica, Inc.)
