BALANCES IN DEFAULT. The Reinsurer reserves the right to charge interest at the Prime Rate plus 2% as stated in the Wall Street Journal on the 1st business day in January prior to the due date of the premium when:
Appears in 6 contracts
Samples: Automatic and Facultative Yrt Reinsurance Agreement (Life Investors Variable Life Account A), Automatic and Facultative Coinsurance Agreement (Kansas City Life Insurance Co), Automatic and Facultative Yrt Reinsurance Agreement (National Variable Life Insurance Account)
BALANCES IN DEFAULT. The Reinsurer reserves the right to charge interest at the Prime Rate plus 2% as stated in the Wall Street Journal on the 1st business day in January 1, prior to the due date of the premium when:
Appears in 2 contracts
Samples: Minnesota Life Variable Life Account, Minnesota Life Variable Life Account
BALANCES IN DEFAULT. The Reinsurer reserves the right to charge interest at the Prime Rate prime rate plus 2% [REDACTED] as stated in the Wall Street Journal on the 1st business day in January prior to the due date of the premium when:
Appears in 2 contracts
Samples: Automatic and Facultative Yrt Reinsurance Agreement (Jackson National Separate Account Iv), Automatic and Facultative Yrt Reinsurance Agreement (Jnlny Separate Account Iv)
BALANCES IN DEFAULT. The Reinsurer reserves the right to charge interest at the Prime Rate plus 2% as stated published in the Wall Street Journal on the 1st business day in January prior to the due date of the premium when:
Appears in 2 contracts
Samples: Coinsurance Reinsurance Agreement (Symetra Financial CORP), Coinsurance Reinsurance Agreement (Symetra Financial CORP)
BALANCES IN DEFAULT. The Reinsurer reserves the right to charge interest at the Prime Rate prime rate plus 2% [REDACTED]% as stated in the Wall Street Journal on the 1st business day in January prior to the due date of the premium when:
Appears in 2 contracts
Samples: Automatic and Facultative Yrt Reinsurance Agreement (Jackson National Separate Account Iv), Automatic and Facultative Yrt Reinsurance Agreement (Jnlny Separate Account Iv)
BALANCES IN DEFAULT. The Reinsurer reserves the right to charge interest at the Prime Rate prime rate plus 2% as stated in the Wall Street Journal on the 1st business day in January prior to the due date of the premium when:
Appears in 1 contract
