Common use of AUTOMATIC PORTION RETAINED Clause in Contracts

AUTOMATIC PORTION RETAINED. THE COMPANY and its affiliates will retain at least 10% of the policy risk amount. THE COMPANY may cede up to 90% of the policy risk amount, up to the First Layer of Coverage amounts, on a first-dollar quota share basis to all THIRD-PARTY REINSURERS including THE REINSURER and the M Life Insurance Company under the Modco Agreement. THE COMPANY and its affiliates will retain 100% of the policy risk amount in excess of the First Layer of Coverage amounts up to its retention limit.

AUTOMATIC PORTION RETAINED. THE COMPANY and its affiliates will retain at least 10% of the policy net amount at risk amountup to the First Layer of Coverage amounts shown in Schedule A, Section 5 below. THE COMPANY may cede up to 9065% of the policy risk amount, up to the First Layer of Coverage amounts, amount on a first-dollar quota share basis to all THIRD-PARTY REINSURERS including THE REINSURER and the M Life Insurance Company under the Modco Agreementother reinsurers. In addition, THE COMPANY and its affiliates will retain 100% of the policy risk amount in excess of the First Layer of Coverage amounts up to its retention limitCoverage.

AUTOMATIC PORTION RETAINED. THE COMPANY and its affiliates will retain at least 10% of the policy net amount at risk amountup to the First Layer of Coverage amounts shown in Schedule A, Section 5 below. THE COMPANY may cede up to 9080% of the policy risk amount, up to the First Layer of Coverage amounts, amount on a first-dollar quota share basis to all THIRD-PARTY REINSURERS including THE REINSURER and the M Life Insurance Company under the Modco Agreementother reinsurers. In addition, THE COMPANY and its affiliates will retain 100% of the policy risk amount in excess of the First Layer of Coverage amounts up to its retention limitCoverage.

AUTOMATIC PORTION RETAINED. THE COMPANY and its affiliates will retain at least 10% of the policy net amount at risk amountup to the First Layer of Coverage amounts shown in Schedule A, Section 5 below. THE COMPANY may cede up to 9080% of the policy risk amount, up to the First Layer of Coverage amounts, amount on a first-dollar quota share basis to all THIRD-PARTY REINSURERS including THE REINSURER and the M Life Insurance Company under the Modco Agreementother reinsurers. In addition, THE COMPANY and its affiliates will retain 100% of the policy risk amount in excess of the First Layer of Coverage amounts up to its retention limitCoverage. THE COMPANY will also retain THE REINSURER’s share of the first $500,000.