Delayed Payment Rate. The term “Delayed Payment Rate,” as used in this Agreement, shall mean a rate that is equal to [300 basis points plus [(i) divided by (ii)]] divided by four, where:
Appears in 6 contracts
Samples: Reinsurance Agreement (WRL Series Annuity Account), Reinsurance Agreement (Separate Account Va-2l), Reinsurance Agreement (Separate Account Va B)
