COMMENCEMENT AND TERMINATION OF LIABILITY. A. On liabilities ceded under the terms of this Agreement, the liability of the Reinsurer shall commence simultaneously with that of the Cedent. B. The liability of the Reinsurer for all ceded liabilities under this Agreement may terminate in accordance with: 1. the Duration of Agreement provisions of this Agreement set forth in Article XX; 2. the termination provisions set forth within Article VI; or 3. the Recapture Privileges set forth in Article IX.
Appears in 17 contracts
Samples: Automatic Reinsurance Agreement (Metlife of Ct Separate Account Eleven for Variable Annuities), Reinsurance Agreement (Metlife of Ct Separate Account Eleven for Variable Annuities), Reinsurance Agreement (Metlife Investors Variable Annuity Account One)
COMMENCEMENT AND TERMINATION OF LIABILITY. A. On liabilities ceded under the terms of this Agreement, the liability of the Reinsurer shall commence simultaneously with that of the Cedent.
B. The liability of the Reinsurer for all ceded liabilities under this Agreement may terminate in accordance with:
1. the Duration of Agreement provisions of this Agreement set forth in Article XX;
2. the termination provisions set forth within Article VI; or;
3. the Recapture Privileges set forth in Article IX. or
4. the coverage provided by the contract terminates.
Appears in 6 contracts
Samples: Automatic Reinsurance Agreement (New England Variable Annuity Separate Account), Automatic Reinsurance Agreement (Metlife Investors Variable Annuity Account One), Reinsurance Agreement (Metlife Investors Usa Separate Account A)
COMMENCEMENT AND TERMINATION OF LIABILITY. A. On liabilities ceded under the terms of this Agreement, the liability of the Reinsurer shall commence simultaneously with that of the Cedent.
B. The liability of the Reinsurer for all ceded liabilities under this Agreement may terminate in accordance with:
1. the Duration of Agreement provisions of this Agreement set forth in Article XXXIX;
2. the termination provisions set forth within Article VI; or;
3. the Recapture Privileges set forth in Article IX. or
4. the coverage provided by the contract terminates.
Appears in 3 contracts
Samples: Automatic Reinsurance Agreement (Metlife Investors Variable Annuity Account One), Automatic Reinsurance Agreement (Metlife Investors Variable Annuity Account One), Automatic Reinsurance Agreement (Metlife Investors Usa Separate Account A)
