EARLY RECAPTURE. If at the time of a contractual or non-contractual replacement or change as described in 11.01 above, the Ceding Company elects not to continue to reinsure a particular policy with the Reinsurer, the Ceding Company must pay the Reinsurer an early recapture charge which shall be a mutually acceptable reasonable actuarial representation of the Reinsurer's estimated present value of future profits under this Agreement.
Appears in 6 contracts
Samples: Yrt Agreement (Jnlny Separate Account Iv), Yrt Agreement (Nationwide Provident Vli Separate Account A), Yrt Agreement (Nationwide Provident Vli Separate Account 1)
EARLY RECAPTURE. If at the time of a contractual or non-contractual replacement or change as described in 11.01 above, the Ceding Company elects not to continue to reinsure a particular policy with the Reinsurer, the Ceding Company must pay the Reinsurer an early recapture charge which shall be a mutually acceptable reasonable actuarial representation of the Reinsurer's ’s estimated present value of future profits under this Agreement.
Appears in 2 contracts
Samples: Coinsurance Agreement (Thrivent Variable Life Account I), Coinsurance Agreement (Thrivent Variable Life Account I)
EARLY RECAPTURE. If at the time of a contractual or non-contractual replacement or change as described in 11.01 above, the Ceding Company elects not to continue to reinsure a particular policy with the Reinsurer, the Ceding Company must pay the Reinsurer an early recapture charge which shall be a mutually acceptable reasonable actuarial representation of the Reinsurer's ’s estimated present value of future profits under this Agreement.
Appears in 1 contract
Samples: Coinsurance Agreement (Kansas City Life Insurance Co)
EARLY RECAPTURE. If at the time of a contractual or non-contractual replacement or change as described in 11.01 11.0 I above, the Ceding Company elects not to continue to reinsure a particular policy with the Reinsurer, the Ceding Company must pay the Reinsurer an early recapture charge which shall be a mutually acceptable reasonable actuarial representation of the Reinsurer's ’s estimated present value of future profits under this Agreement.
Appears in 1 contract
Samples: Coinsurance Agreement (Thrivent Variable Life Account I)
EARLY RECAPTURE. If at the time of a contractual or non-contractual replacement or change as described in 11.01 above, the Ceding Company elects not to continue to reinsure a particular policy with the Reinsurer, the Ceding Company must pay the Reinsurer an early recapture charge which shall be a mutually acceptable reasonable actuarial representation of the Reinsurer's estimated present value of future profits under this Agreementunamortized acquisition expenses.
Appears in 1 contract
Samples: Coinsurance Agreement (Cuna Mutual Variable Life Insurance Account)
EARLY RECAPTURE. If at the time of a contractual or non-contractual replacement or change as described in 11.01 above, the Ceding Company elects not to continue to reinsure a particular policy with the Reinsurer, the Ceding Company must pay the Reinsurer an early recapture charge which shall be a mutually acceptable reasonable actuarial representation of the Reinsurer's estimated present value of future profits under this Agreementunamortized acquisition expenses.
Appears in 1 contract
Samples: Assignment, Transfer and Novation Agreement (Ameritas Variable Separate Account V)
EARLY RECAPTURE. If at the time of a contractual or non-contractual replacement replace or change as described in 11.01 above, the Ceding Company elects not to continue to reinsure a particular policy with the Reinsurer, the Ceding Company must pay the Reinsurer an early recapture charge which shall be a mutually acceptable reasonable actuarial representation of the Reinsurer's estimated present value of future profits under this Agreementunamortized acquisition expenses.
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