Common use of Benefit Payments Clause in Contracts

Benefit Payments. Subject to the provisions of the Administrative Services Agreement, the Reinsurer shall have responsibility and authority for all benefit payment determinations or settlements, and shall be solely responsible for all expenses associated with benefit payment determinations or settlements pursuant to and in accordance with the Administrative Services Agreement, dated as of the date of this Agreement, between the Company and the Reinsurer, as the same may be amended from time to time (the "Administrative Services Agreement").

Appears in 4 contracts

Samples: Coinsurance Agreement (Jackson VFL Variable Annuity Separate Account), Coinsurance Agreement (Jackson VFL Variable Life Separate Account), Coinsurance Agreement (Jackson VFL Variable Life Separate Account)

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Benefit Payments. Subject to the provisions of the Core Administrative Services Agreement, the Reinsurer shall have responsibility and authority for all benefit payment determinations or settlements, and shall be solely responsible for all expenses associated with benefit payment determinations or settlements pursuant to and in accordance with the Core Administrative Services Agreement, dated as of the date of this AgreementClosing Date, between the Company FAFLIC and the Reinsurer, as the same may be amended from time to time (the "Administrative Services AgreementCORE ADMINISTRATIVE SERVICES AGREEMENT").

Appears in 2 contracts

Samples: Faflic Trust Agreement (Separate Acct Va K of First Allmerica Financial Life Ins Co), Faflic Trust Agreement (Vel Ii Acct of State Mutual Life Assur Co of America)

Benefit Payments. Subject to the provisions of the Administrative Services Agreement, the The Reinsurer shall have full responsibility and authority for all benefit payment determinations or settlements, and shall be solely responsible for all expenses associated with benefit payment determinations or settlements pursuant to and in accordance with the Administrative Services Agreement, dated as of the date of this Agreement, between the Company and the Reinsurer, as the same may be amended from time to time (the "Charter Administrative Services Agreement").

Appears in 1 contract

Samples: Purchase Agreement (Charter National Variable Annuity Account)

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Benefit Payments. Subject to the provisions of the Administrative Services Agreement, the The Reinsurer shall have full responsibility and authority for all benefit payment determinations or settlements, and shall be solely responsible for all expenses associated with benefit payment determinations or settlements pursuant to and in accordance with the Administrative Services Agreement, dated as of the date of this Agreement, between the Company and the Reinsurer, as the same may be amended from time to time (the "ILIC Administrative Services Agreement").

Appears in 1 contract

Samples: Purchase Agreement (Intramerica Variable Annuity Account)

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