Common use of BACKDATING Clause in Contracts

BACKDATING. The Reinsurer agrees to accept reinsurance coverage for policies backdated to save age up to six (6) months prior to the effective date of this Agreement. The Reinsurer agrees to pay allowances with effect from each policy’s issue date and the Ceding Company agrees to remit reinsurance premiums due from the policy issue date.

Appears in 3 contracts

Samples: Coinsurance Agreement (Thrivent Variable Life Account I), Coinsurance Agreement (Thrivent Variable Life Account I), Coinsurance Agreement (Thrivent Variable Life Account I)

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BACKDATING. The Reinsurer agrees to accept reinsurance coverage for policies backdated to save age up to six (6) months prior to the effective date of this Agreement. The Reinsurer agrees Agreement to pay allowances with effect from each policy’s issue date and the Ceding Company agrees to remit reinsurance premiums due from the policy issue datesave age.

Appears in 2 contracts

Samples: Reinsurance Agreement (Jackson National Separate Account Iv), Reinsurance Agreement (Jnlny Separate Account Iv)

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