Common use of Duration of Coinsurance Clause in Contracts

Duration of Coinsurance. This Agreement will be effective as of the Effective Time. Subject to the provisions of this Article IX, this Agreement will remain in effect, and the reinsurance provided hereunder will remain in force, until termination of the policy or policies on which the reinsurance is based in accordance with the terms of this Agreement. Except as provided in Sections 9.3, the Reinsured Policies are not eligible for recapture by the Company.

Appears in 4 contracts

Samples: Coinsurance Agreement (Athene Annuity & Life Co), Coinsurance Agreement (Athene Holding LTD), Coinsurance Agreement (Athene Holding LTD)

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Duration of Coinsurance. This Agreement will be effective as of the Effective Time. Subject to the provisions of this Article IXX, this Agreement will remain in effect, and the reinsurance provided hereunder will remain in force, until termination of the policy or policies on which the reinsurance is based (whether by expiration of the term thereof or by novation thereof by the Reinsurer or one of its Affiliates) in accordance with the terms of this Agreement. Except as provided in Sections 9.310.3, the Reinsured Policies are not eligible for recapture by the Company.

Appears in 1 contract

Samples: Coinsurance and Assumption Agreement (Athene Annuity & Life Co)

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Duration of Coinsurance. This Agreement will be effective as of the Effective Time. Subject to the provisions of this Article IXX, this Agreement will remain in effect, and the reinsurance provided hereunder will remain in force, until termination of the policy or policies on which the reinsurance is based (whether by expiration of the term thereof or by novation thereof by the Reinsurer or one of its Affiliates) in accordance with the terms of this Agreement. Except as provided in Sections 9.3Section 10.3, the Reinsured Policies are not eligible for recapture by the Company.

Appears in 1 contract

Samples: Coinsurance and Assumption Agreement (Athene Holding LTD)

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