Common use of CONVERSIONS, EXCHANGES AND REPLACEMENTS Clause in Contracts

CONVERSIONS, EXCHANGES AND REPLACEMENTS. If a policy reinsured under this Agreement is converted, exchanged or replaced, the Ceding Company will promptly notify the Reinsurer. Unless mutually agreed otherwise, policies that are not reinsured with the Reinsurer and that exchange or convert to a plan covered under this Agreement will not be reinsured hereunder.

Appears in 6 contracts

Samples: Automatic Self Administered Yrt Reinsurance Agreement (American National Variable Life Separate Account), Yearly Renewable Term Reinsurance Agreement (American National Variable Life Separate Account), Yearly Renewable Term Reinsurance Agreement (American National Variable Life Separate Account)

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CONVERSIONS, EXCHANGES AND REPLACEMENTS. If a policy reinsured under this Agreement is converted, exchanged or replaced, the Ceding Company will promptly notify the Reinsurer. Unless mutually agreed otherwise, policies that are not reinsured with the Reinsurer and that exchange or convert to a plan covered under this Agreement will not be reinsured hereunder.

Appears in 5 contracts

Samples: Reinsurance Agreement (Penn Mutual Variable Life Account I), Reinsurance Agreement (Nationwide VLI Separate Account-7), Reinsurance Agreement (COLI VUL-4 Series Account of First Great-West Life & Annuity Insurance CO)

CONVERSIONS, EXCHANGES AND REPLACEMENTS. If a policy reinsured under this Agreement is converted, exchanged or replaced, the Ceding Company will promptly notify the Reinsurer. Unless mutually agreed otherwise, policies that are not reinsured with the Reinsurer and that exchange or convert to a plan covered under this Agreement will not be reinsured hereunder, unless such conversion, exchange or replacement is treated as new business.

Appears in 3 contracts

Samples: Reinsurance Agreement (Symetra Separate Account Sl), Automatic Yearly Renewable Term Reinsurance Agreement (Symetra Separate Account Sl), Automatic Yearly Renewable Term Reinsurance Agreement (Symetra Separate Account Sl)

CONVERSIONS, EXCHANGES AND REPLACEMENTS. If a policy reinsured under this Agreement is converted, exchanged or replaced, the Ceding Company will promptly notify the Reinsurer. Reinsurer as specified in Exhibit G. Unless mutually agreed otherwise, policies that are not reinsured with the Reinsurer and that exchange or convert to a plan covered under this Agreement will not be reinsured hereunder.

Appears in 2 contracts

Samples: Reinsurance Agreement (American National Variable Life Separate Account), Automatic Self Administered Yrt Reinsurance Agreement (American National Variable Life Separate Account)

CONVERSIONS, EXCHANGES AND REPLACEMENTS. If a policy reinsured under this Agreement is converted, exchanged or replacedreplaced , the Ceding Company will promptly notify the Reinsurer. Unless mutually agreed otherwise, policies that are not reinsured with the Reinsurer and that exchange or convert to a plan covered under this Agreement will not be reinsured hereunder.

Appears in 1 contract

Samples: Automatic Self Administered Yrt Reinsurance Agreement (American National Variable Life Separate Account)

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CONVERSIONS, EXCHANGES AND REPLACEMENTS. If a policy reinsured under this Agreement is converted, exchanged or replaced, the Ceding Company will promptly notify the Reinsurer. Unless mutually agreed otherwise, policies that are not reinsured with the Reinsurer and that exchange or convert to a plan covered under this Agreement will not be reinsured hereunder.that

Appears in 1 contract

Samples: Automatic Self Administered Yrt Reinsurance Agreement (American National Variable Life Separate Account)

CONVERSIONS, EXCHANGES AND REPLACEMENTS. If a policy reinsured under this Agreement is converted, exchanged or replaced, the Ceding Company will promptly notify the ReinsurerREINSURER. Unless mutually agreed otherwise, policies that are not reinsured with the Reinsurer REINSURER and that exchange or convert to a plan covered under this Agreement will not be reinsured hereunder.

Appears in 1 contract

Samples: Reinsurance Agreement (National Variable Life Insurance Account)

CONVERSIONS, EXCHANGES AND REPLACEMENTS. If a policy reinsured under this Agreement is converted, exchanged or replaced, the Ceding Company will promptly notify the ReinsurerXXXX. Unless mutually agreed otherwise, policies that are not reinsured with the Reinsurer XXXX and that exchange or convert to a plan covered under this Agreement will not be reinsured hereunder.

Appears in 1 contract

Samples: Automatic Yrt Reinsurance Agreement (National Variable Life Insurance Account)

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