Ceding Allowance. Shall be as agreed to by the Reinsurer and the Company. The ceding allowance includes provision for all dividends, commissions and taxes and all other expenses of whatever nature, except loss adjustment expenses.
Ceding Allowance. On the Effective Date of this Agreement, the Reinsurer agrees to pay the Company a ceding allowance equal to one million five hundred thousand dollars ($1,500,000), which shall be paid to the Company by means of the Company retaining said amount from the reserves transferred to Reinsurer as set forth in Article III, paragraph 1.
Ceding Allowance. None. ----------------
Ceding Allowance. The Reinsurer shall allow the sum of (i) a ceding allowance to the Company of no more than 7% of Gross Collected Premium, (ii) taxes and assessments of 4% of Gross Collected Premium (or actual if higher) and (iii) actual Producer commissions paid by the Company.
Ceding Allowance. The Reinsurer shall indemnify the Cedent for ceding ---------------- allowances equal to a fixed rate times its quota share of premiums collected with respect to Policies according to the following schedule: Ceding Allowance Product Name Cumulative Premium By Plan Code ------------ ---------------------- ---------------- Class A (Front-End Load; FL3EDR A-Share; Xxxxxx Xxxxx) FL3ER3 & All Other FL3ER4 Plan Codes Less than $50,000 0.50% 7.00% $50,000 - 99,999.99 0.50% 5.75% $100,000 - 249,999.99 0.50% 4.75% $250,000 - 499,999.99 0.50% 4.00% $500,000 - 999,999.99 0.50% 3.60% $1 million or greater 0.50% 3.00% ------------------------------------------------------------------------------ Age of Oldest Owner Upon Acceptance of Purchase Commission Ceding Allowance Product Name Payment Option By Plan Code ------------ ----------- ---------- ------------------------------------- Class VA ST110R, (7-Year XX00XX XX00XX, Back-End Load) & ST110X& ST11R3 & All Other ST11M3 ST11X3 ST13R3 Plan Codes 0-79 A 7.50% 7.00% 0.50% 8.50% B 3.20% 7.00% 0.50% 7.00% C -- 7.00% 0.50% 4.00% 80-85 A 4.60% 7.00% 0.50% 5.25% B 2.60% 7.00% 0.50% 4.50% C -- 7.00% 0.50% 3.00% 86-90 A 3.30% 7.00% 0.50% 3.63% B 2.30% 7.00% 0.50% 3.25% C -- 7.00% 0.50% 2.50% ------------------------------------------------------------------------------- Class B (7-Year ST1EDR Back-End Load; ST1ER3 & All Other Xxxxxx Xxxxx) ST1ER4 Plan Codes 0 - 79 All 0.50% 6.75% 80 - 85 All 0.50% 4.50% 86 - 90 All 0.50% 3.25% ------------------------------------------------------------------------------------------- Class AA (7- ST1AGB, Year Back-End ST1AGX ST1AGR All Other Load; XX XX0XX0 & XX0XX0 & Xxxx Xxxxxxx) ST1AG4 ST1AR4 Codes 0 - 79 A 7.00% 0.50% 7.75% B 7.00% 0.50% 4.00% 80 - 85 A 7.00% 0.50% 5.00% B 7.00% 0.50% 3.00% 86 - 90 A 7.00% 0.50% 3.50% B 7.00% 0.50% 2.50% ------------------------------------------------------------------------------------------- Class XC All Other (Bonus; XX00XX & Xxxx Xxxxxxxxxx) XX00X0 Codes 0 - 79 A 7.25% 8.50% B 3.20% 7.00% 80 - 85 A 4.60% 5.25% B 2.60% 4.50% 86 - 90 A 3.30% 3.63% B 2.30% 3.25% ------------------------------------------------------------------------------------------- Class C (Level CS510R, Load; C-Share; CS51MR, All Other Wirehouses) CS51ML & CS51R3 & Plan CS51M3 CS53R3 Codes 0 - 79 All 3.20% 0.50% 4.25% 80 - 85 All 2.60% 0.50% 3.12% 86 - 90 All 2.30% 0.50% 2.56% ------------------------------------------------------------------------------------------- Class L (3-Year...
Ceding Allowance. On the Effective Date of this Agreement, the Reinsurer agrees to pay the Company a ceding allowance equal to ten dollars ($10.00).
Ceding Allowance. The Reinsurer shall pay the Ceding Company a Ceding ---------------- Allowance equal (a) minus (b), but Ceding Allowance not less than zero, where:
Ceding Allowance. The Coinsurer agrees to pay the Company, on the Coinsurance Effective Date, a ceding allowance equal to one dollar ($1.00).
Ceding Allowance. The Reinsurer will pay the Company a Ceding Allowance equal to .83333% of premium on the first $100 million of premium.
Ceding Allowance. Company shall be entitled to a Ceding Allowance of thirty six and twenty five hundredths percent (36.25%) of premium for the Policies, inclusive of all Policy and associated rider premium and fees, but exclusive of the Premium-related Taxes Allowance, for Policy premiums payable for each policy’s first 20 years of coverage, and three percent (3%) for Premiums payable for the twenty first (21st) and later years of coverage. The Ceding Allowance shall be credited to Company as a reduction in the Reinsurance Premium in accordance with Section 4.1, above.
