Administrative Expense Allowance. For each Monthly Accounting Period, the Reinsurer shall pay to the Ceding Company an amount equal to the Expense Allowances for such Monthly Accounting Period in consideration for the administration of the Reinsured Contracts. Such amount shall be paid as part of the Monthly Net Settlements pursuant to Section 3.03(c).
Appears in 2 contracts
Samples: Coinsurance and Modified Coinsurance Agreement (John Hancock Life Insurance Co of New York Separate Account A), Coinsurance and Modified Coinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account H)
Administrative Expense Allowance. For each Monthly Quarterly Accounting Period, the Reinsurer shall pay to the Ceding Company an amount equal to the Expense Allowances for such Monthly Quarterly Accounting Period in consideration for the administration of the Reinsured Contracts. Such amount shall be paid as part of the Monthly Quarterly Net Settlements pursuant to Section 3.03(c3.3(a).
Appears in 2 contracts
Samples: Indemnity Reinsurance Agreement (Equitable Financial Life Insurance Co), Indemnity Reinsurance Agreement (Equitable Financial Life Insurance Co of America)
Administrative Expense Allowance. For each Monthly Accounting Period, the Reinsurer shall pay to the Ceding Company an amount equal to the Expense Allowances for such Monthly Accounting Period in consideration for the administration of the Reinsured Contracts. Such amount shall be paid as part of the Monthly Net Settlements pursuant to Section 3.03(c3.3(a).. 1007933761v22
Appears in 2 contracts
Samples: Coinsurance and Modified Coinsurance Agreement (Equitable Financial Life Insurance Co), Coinsurance and Modified Coinsurance Agreement (Equitable Holdings, Inc.)
Administrative Expense Allowance. For each Monthly Accounting Period, the Reinsurer shall pay to the Ceding Company an amount equal to the Expense Allowances for such Monthly Accounting Period in consideration for the administration of the Reinsured Contracts. Such amount shall be paid as part of the Monthly Net Settlements pursuant to Section 3.03(c3.3(c).
Appears in 2 contracts
Samples: Coinsurance and Modified Coinsurance Agreement (Equitable Holdings, Inc.), Coinsurance and Modified Coinsurance Agreement (Equitable Financial Life Insurance Co)
