Common use of Agreement Termination Clause in Contracts

Agreement Termination. This Agreement will be in effect for an indefinite period and may be terminated as to new reinsurance at any time by either party giving ninety (90) days written notice of termination. The day the notice is mailed to the other party's home office, or, if the mail is not used, the day it is delivered to the other party's home office or to an officer of the other party will be the first day of the ninety (90) day period. During the ninety (90) day period, this Agreement will continue to operate in accordance with its terms.

Appears in 5 contracts

Samples: Automatic and Facultative Coinsurance Reinsurance Agreement (Cuna Mutual Variable Life Insurance Account), Reinsurance Agreement (Jackson National Separate Account Iv), Automatic and Facultative Yrt Reinsurance Agreement (Jnlny Separate Account Iv)

AutoNDA by SimpleDocs

Agreement Termination. This Agreement will be in effect for an indefinite period and may be terminated as to new reinsurance after the first thirty-six (36) months by the Ceding Company, or by the Reinsurer at any time by either party upon giving ninety (90) days written notice of terminationtermination to the other party. The day the notice is mailed to the other party's home office’s Home Office, or, if the mail is not used, the day it is delivered to the other party's home office ’s Home Office or to an officer Officer of the other party will be the first day of the ninety (90) day period. During the ninety (90) day period, this Agreement will continue to operate in accordance with its terms.

Appears in 3 contracts

Samples: Coinsurance Reinsurance Agreement (Symetra Financial CORP), Coinsurance Reinsurance Agreement (Symetra Financial CORP), Coinsurance Reinsurance Agreement (Symetra Financial CORP)

Agreement Termination. This Agreement will be in effect for an indefinite period and may be terminated as to new reinsurance at any time by either party giving ninety (90) days written notice of termination. The day the notice is mailed to the other party's home officeHome Office, or, if the mail is not used, the day it is delivered to the other party's home office Home Office or to an officer Officer of the other party will be the first day of the ninety (90) day period. During the ninety (90) day period, this Agreement will continue to operate in accordance with its terms.

Appears in 3 contracts

Samples: Reinsurance Agreement (Ameritas Variable Separate Account V), Reinsurance Agreement (National Variable Life Insurance Account), Automatic and Facultative Yrt Reinsurance Agreement (Canada Life of America Variable Life Account 1)

Agreement Termination. This Agreement will be in effect for an indefinite period and may be terminated as to new reinsurance at any time by either party giving ninety (90) days days' written notice of termination. The day the notice is mailed to the other party's home officeHome Office, or, if the mail is not used, the day it is delivered to the other party's home office Home Office or to an officer Officer of the other party will be the first day of the ninety (90) day period. During the ninety (90ninety-(90) day period, this Agreement will continue to operate in accordance with its terms.

Appears in 2 contracts

Samples: Reinsurance Agreement (Minnesota Life Variable Life Account), Reinsurance Agreement (Minnesota Life Variable Life Account)

Agreement Termination. This Agreement will be in effect for an indefinite period and may be terminated as to new reinsurance at any time by either party giving ninety (90) days written notice of termination. The day the notice is mailed to the other party's home office’s Home Office, or, if the mail is not used, the day it is delivered to the other party's home office ’s Home Office or to an officer Officer of the other party will be the first day of the ninety (90) day period. During the ninety (90) day period, this Agreement will continue to operate in accordance with its terms.

Appears in 2 contracts

Samples: Reinsurance Treaty (Life Investors Variable Life Account A), Automatic and Facultative Coinsurance Reinsurance Agreement (Kansas City Life Insurance Co)

Agreement Termination. This Agreement will be in effect for an indefinite period and may be terminated as to new reinsurance at any time by either party giving ninety (90) days written notice of termination. The day the notice is mailed to the other party's ’s home office, or, if the mail is not used, the day it is delivered to the other party's ’s home office or to an officer of the other party will be the first day of the ninety (90) day period. During the ninety (90) day period, this Agreement will continue to operate in accordance with its terms.

Appears in 2 contracts

Samples: Reinsurance Agreement (Thrivent Variable Life Account I), Automatic and Facultative Yrt Reinsurance Agreement (Farm Bureau Life Variable Account)

Agreement Termination. This Agreement will be in effect for an indefinite period and may be terminated as to new reinsurance at any time by either party giving ninety (90) days written notice of termination. The day the notice is mailed to the other party's home officeHome Office, or, if the mail is not used, the day it is delivered to the other party's home office Home Office or to an officer Officer of the other party will be the first day of the ninety (90) day period. During the ninety (90ninety(90) day period, this Agreement will continue to operate in accordance with its terms.

Appears in 1 contract

Samples: Risk Premium Reinsurance Agreement (Life Insurance Separate Account of Usaa Life Insurance Co)

AutoNDA by SimpleDocs

Agreement Termination. This Agreement will be in effect for an indefinite period and may be terminated as to new reinsurance at any time by either party giving ninety (90) days written notice of termination. The day the notice is mailed to the other party's home office’s Home Office, or, if the mail is not used, the day it is delivered to the other party's home office ’s Home Office or to an officer Officer of the other party will be the first day of the ninety (90) day period. During the ninety (90ninety(90) day period, this Agreement will continue to operate in accordance with its terms.

Appears in 1 contract

Samples: Reinsurance Agreement (Union Security Insurance Co Variable Account C)

Agreement Termination. This Agreement will be in effect for an indefinite indefmite period and may be terminated as to new reinsurance at any time by either party giving ninety (90) days written notice of termination. The day the notice is mailed to the other party's home officeHome Office, or, if the mail is not used, the day it is delivered to the other party's home office Home Office or to an officer Officer of the other party will be the first day of the ninety (90) day period. During the ninety (90) day period, this Agreement will continue to operate in accordance with its terms.

Appears in 1 contract

Samples: Reinsurance Agreement (Carillon Life Account)

Agreement Termination. This Agreement will be in effect for an indefinite period and may be terminated as to new reinsurance AS TO NEW REINSURANCE at any time by either party giving ninety (90) days written notice of termination. The day the notice is mailed to the other party's home officeHome Office, or, if the mail is not used, the day it is delivered to the other party's home office Home Office or to an officer Officer of the other party will be the first day of the ninety (90) day period. During the ninety (90) day period, this Agreement will continue to operate in accordance with its terms.

Appears in 1 contract

Samples: Reinsurance Agreement (Vel Ii Account of Allmerica Financial Life Ins & Ann Co)

Agreement Termination. This Agreement will be in effect for an indefinite period and may be terminated as to new reinsurance at any time by either party giving ninety (90) days days’ written notice of termination. The day the notice is mailed to the other party's home office’s Home Office, or, if the mail is not used, the day it is delivered to the other party's home office ’s Home Office or to an officer Officer of the other party will be the first day of the ninety (90) day period. During the ninety (90ninety-(90) day period, this Agreement will continue to operate in accordance with its terms.

Appears in 1 contract

Samples: Reinsurance Agreement (Minnesota Life Variable Life Account)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!