Common use of Estimations Clause in Contracts

Estimations. If the amounts, as described in Paragraph 3 above, cannot be determined by the dates described in Paragraph 4 above, on an exact basis, such payments will be paid in accordance with a mutually agreed upon formula which will approximate the actual payments. Adjustments will then be made to reflect actual amounts when they become available.

Appears in 19 contracts

Samples: Reinsurance Agreement (Separate Account Va-2l), Reinsurance Agreement (Separate Account Va V), Reinsurance Agreement (WRL Series Annuity Account)

AutoNDA by SimpleDocs

Estimations. If the amounts, as described in Paragraph 3 above, ----------- cannot be determined by the dates described in Paragraph 4 above, on an exact basis, such payments will be paid in accordance with a mutually agreed upon formula which will approximate the actual payments. Adjustments will then be made to reflect actual amounts when they become available.

Appears in 13 contracts

Samples: Reinsurance Agreement (Separate Account B of Golden American Life Insurance Co), Reinsurance Agreement (Separate Account B of Golden American Life Insurance Co), Reinsurance Agreement (Separate Account B of Golden American Life Insurance Co)

Estimations. If the amounts, as described defined in Paragraph 3 above, cannot be determined by the dates described in Paragraph 4 above, on an exact basis, such payments will be paid in accordance with a mutually agreed upon formula which will approximate the actual payments. Adjustments will then be made to reflect actual amounts when they become available.

Appears in 9 contracts

Samples: Reinsurance Agreement (Jefferson National Life Annuity Account G), Reinsurance Agreement (Separate Account a of Pacific Life Insurance Co), Reinsurance Agreement (Genworth Life & Annuity VA Separate Account 2)

Estimations. If the amounts, as described in Paragraph 3 4 above, cannot be determined by the dates described in Paragraph 4 5 above, on an exact basis, such payments will be paid in accordance with a mutually agreed upon formula which will approximate the actual payments. Adjustments will then be made to reflect actual amounts when they become available.

Appears in 3 contracts

Samples: Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account H), Reinsurance Agreement (Nasl Variable Account), Reinsurance Agreement (Nasl Variable Account)

Estimations. If the amounts, as described in Paragraph 3 2 above, cannot be determined by the dates described in Paragraph 4 3 above, on an exact basis, such payments will be paid in accordance with a mutually agreed upon formula which will approximate the actual payments. Adjustments will then be made to reflect actual amounts when they become available.

Appears in 2 contracts

Samples: Reinsurance Agreement, Reinsurance Agreement (Pacific Select Exec Separate Acct Pacific Life Ins)

Estimations. If the amounts, as described in Paragraph Paragraphs 3 and 4 above, cannot be determined by the dates described in Paragraph 4 5 above, on an exact basis, such payments will be paid in accordance with a mutually agreed upon formula which will approximate the actual payments. Adjustments will then be made to reflect actual amounts when they become available.

Appears in 2 contracts

Samples: Reinsurance Agreement (North American Security Life Insurance Co), Reinsurance Agreement (Manufacturers Life Insurance Co of North America Sep Acc A)

Estimations. If the amounts, as described in Paragraph Paragraphs 3 and 4 above, cannot be determined by the dates described in Paragraph 4 5 above, on an exact basis, such payments will be paid in accordance with a mutually agreed agreed-upon formula which will approximate the actual payments. Adjustments will then be made to reflect actual amounts when they those become available.

Appears in 1 contract

Samples: Reinsurance Agreement (Vericity, Inc.)

AutoNDA by SimpleDocs

Estimations. If the amounts, as described in Paragraph Sections 3 and 4 above, cannot be determined by the dates described in Paragraph 4 abovethose sections, on an exact basis, such payments will be paid in accordance with a mutually agreed upon formula which will approximate the actual payments. Adjustments will then be made to reflect actual amounts when they become available.

Appears in 1 contract

Samples: Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account H)

Estimations. If the amounts, amounts as described in Paragraph 3 above, cannot be determined by the dates described in Paragraph 4 above, above on an exact basis, such payments will be paid in accordance with a mutually agreed upon formula which will approximate the actual payments. Adjustments will then be made to reflect actual amounts when they become available.

Appears in 1 contract

Samples: Reinsurance Agreement (Hartford Life Insurance Co Separate Account Ten)

Estimations. If the amounts, as described in Paragraph 3 above, cannot be ----------- determined by the dates described in Paragraph 4 above, on an exact basis, such payments will be paid in accordance with a mutually agreed upon formula which will approximate the actual payments. Adjustments will then be made to reflect actual amounts when they become available.

Appears in 1 contract

Samples: Reinsurance Agreement (General American Separate Account Two)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!