Conversions, Replacements and Exchanges Sample Clauses
Conversions, Replacements and Exchanges. Any plan offered by the Company and available to the insured at time of replacement or exchange.
Conversions, Replacements and Exchanges. (i) For purposes of the Reinsurance Agreement and this Amendment No. 3, all conversions, exchanges and replacements of the Reinsured Policies and the Third Amendment Additional Policies shall be coinsured by the Reinsurer on a 100% quota share basis. For the avoidance of doubt, the provisions of Section 2.4 of the Reinsurance Agreement with respect to Other Reinsurance shall apply to such conversions, replacements and exchanges.
(ii) For purposes of Amendment No. 2, all conversions, exchanges and replacements of the Second Amendment Additional Policies (as such term is defined in Amendment No. 2) shall be coinsured by the Reinsurer on a 100% quota share basis net of the Excluded Share as specified in Amendment No. 2. For the avoidance of doubt, the provisions of Section 2.4 of the Reinsurance Agreement with respect to Other Reinsurance shall apply to such conversions, replacements and exchanges. For purposes of Amendment No. 2, the term “Excluded Share” (as defined therein) shall be deemed to include (x) any Excluded Share specified in Annex A-1 thereto and (y) any policy ceded to Raven Re as a conversion, exchange or replacement of a Reinsured Policy or a Second Amendment Additional Policy. For the avoidance of doubt, the Excluded Share with respect to the Second Amendment Additional Policies shall be ceded to the Reinsurer pursuant to this Amendment No. 3, subject to the occurrence of the Third Amendment Closing Date.
Conversions, Replacements and Exchanges. Any plan offered by the Company and available to the insured at time of conversion, replacement or exchange. (Effective October 9, 2017) IT IS HEREBY AGREED by and between the Company and the Reinsurer, that effective April 3, 2017 (the "Effective Date"), this Agreement is hereby amended to reflect the addition of the Milestone VUL-G product under the existing terms of this Agreement. THEREFORE, as of the Effective Date, Exhibit B and Exhibit E are hereby replaced in their entirety with the attached Exhibit 8-Amended and Exhibit E-Amended. This Agreement may be executed simultaneously in any number of counterparts, each of which shall be deemed an original, but all of which shall constitute one and the same instrument. In witness whereof, the Parties to this Agreement have executed this Agreement in duplicate. SYMETRA LIFE INSURANCE COMPANY By: HANNOVER LIFE REASSURANCE COMPANY OF AMERICA By: (Effective April 3, 2017) Policy plans, riders and benefits issued on plans shown below may qualify for automatic reinsurance under the terms of this Agreement.
Conversions, Replacements and Exchanges. Any plan offered by the Company and available to the insured at time of conversion, replacement or exchange. [CERTAIN PORTIONS OF THIS EXHIBIT CONTAIN CONFIDENTIAL INFORMATION. THE CONFIDENTIAL PORTIONS OF THIS EXHIBIT ARE IDENTIFIED AS [REDACTED] AND HAVE BEEN OMITTED.] Amendment No.2 Number HA3503/SYMT02 West Des Moines, Iowa (the "Company") HANNOVER LIFE REASSURANCE COMPANY OF AMERICA Orlando, Florida (the "Reinsurer") IT IS HEREBY AGREED by and between the Company and the Reinsurer, that effective May 1, 2015 (the "Effective Date"), this Agreement is hereby amended to clearly express the manner in which First Year reinsurance premiums for Survivorship policies with Temporary Flat Extras, as described in Exhibit E.1, are calculated. THEREFORE, as of the Effective Date, Exhibit E is hereby replaced in its entirety by the attached Exhibit E Amended. This Agreement may be executed simultaneously in any number of counterparts, each of which shall be deemed an original, but all of which shall constitute one and the same instrument. In witness whereof, the Parties to this Agreement have executed this Agreement in duplicate. SYMETRA LIFE INSURANCE COMPANY By: HANNOVER LIFE REASSURANCE COMPANY OF AMERICA By effective April 1, 2017 Number HA3503/SYMT-02 to West Des Moines, Iowa (the "Company") IT IS HEREBY AGREED by and between the Company and the Reinsurer, that effective April 1, 2017 (the "Effective Date"), this Agreement is hereby amended to increase the Company's Retention Limits.
Conversions, Replacements and Exchanges. Any plan offered by the Company and available to the insured at time of replacement or exchange. There are currently no conversion options available on the products and riders covered by this Agreement.