AMOUNT AND PAYMENT OF BENEFITS. THE REINSURER will reimburse THE COMPANY for death claims paid by THE COMPANY with respect to the policies reinsured under this Agreement. The amount of the reimbursement will be equal to the percentage of the claims paid by THE COMPANY, where such percentage is the portion of the policy reinsured as shown in Schedule A. The death claims reimbursed under this Agreement will be determined from the death claims paid by THE COMPANY on or after the Effective Date.
Appears in 6 contracts
Samples: Automatic Yearly Renewable Term Reinsurance Agreement (Pruco Life Variable Appreciable Account), Automatic Yearly Renewable Term Reinsurance Agreement (Pruco Life of New Jersey Variable Appreciable Account), Automatic Yearly Renewable Term Reinsurance Agreement (Pruco Life of New Jersey Variable Appreciable Account)
AMOUNT AND PAYMENT OF BENEFITS. THE REINSURER will reimburse THE COMPANY for death claims paid by THE COMPANY with respect to the policies reinsured under this Agreement. The amount of the reimbursement will be equal to the percentage of the claims paid by THE COMPANY, where such percentage is the portion of the policy reinsured as shown in Schedule A. The death claims reimbursed under this Agreement will be determined from the death claims paid by the THE COMPANY on or after the Effective Date.
Appears in 2 contracts
Samples: Yearly Renewable Term Reinsurance Agreement (Prudential Variable Appreciable Account), Reinsurance Agreement (Pruco Life Variable Universal Account)
