Common use of Ceding Commission Clause in Contracts

Ceding Commission. The Ceding Company will pay the Reinsurer an initial ceding commission due at the end of the first Accounting Period for an amount equal to $223,608,040. In addition, the Reinsurer will pay the Ceding Company a Ceding Commission at the end of the first and all subsequent Accounting Periods equal to (i) times (ii), with respect to the Annuities, where:

Appears in 9 contracts

Samples: Reinsurance Agreement (Separate Account Va Q), Reinsurance Agreement (Separate Account Va-2l), Reinsurance Agreement (Separate Account Va B)

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Ceding Commission. The Ceding Company Reinsurer will pay the Reinsurer Ceding Company an initial ceding commission due at the end of the first Accounting Period for an amount equal to $223,608,04012,779,843. In addition, the Reinsurer will pay the Ceding Company a Ceding Commission at the end of the first and all subsequent Accounting Periods equal to (i) times (ii), with respect to the Annuities, where:

Appears in 5 contracts

Samples: Reinsurance Agreement (Separate Account Va U), Reinsurance Agreement (WRL Series Annuity Account), Reinsurance Agreement (WRL Series Annuity Account)

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