Common use of Expense and Risk Charge Clause in Contracts

Expense and Risk Charge. The Expense and Risk Charge for an Accounting Period shall equal the sum of (a) thirty three ten thousanths percent (0.0033%) times the Modified Coinsurance Reserve as of the beginning of the Accounting Period and (b) the reasonable cost of limiting, reducing or mitigating risk exposure of any assets described in Schedule E, paragraph 3.

Appears in 1 contract

Samples: Reinsurance Agreement (Metlife Inc)

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Expense and Risk Charge. The Expense and Risk Charge for an Accounting Period shall equal the sum of (a) thirty three five ten thousanths percent (0.00330.0035%) times the Modified Coinsurance Reserve as of the beginning of the Accounting Period and (b) the reasonable cost of limiting, reducing or mitigating risk exposure of any assets described in Schedule E, paragraph 3.

Appears in 1 contract

Samples: Reinsurance Agreement (Metlife Inc)

Expense and Risk Charge. The Expense and Risk Charge for an Accounting Period shall equal the sum of (a) thirty three ten one thousanths percent (0.00330.003%) times the Modified Coinsurance Reserve as of the beginning of the Accounting Period and (b) the reasonable cost of limiting, reducing or mitigating risk exposure of any assets described in Schedule E, paragraph 3.

Appears in 1 contract

Samples: Reinsurance Agreement (Metlife Inc)

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Expense and Risk Charge. The Expense and Risk Charge for an Accounting Period shall equal the sum of (a) thirty three ten thousanths percent (0.0033%) the Expense and Risk Charge Percent set forth in Paragraph 3 below times the Modified Coinsurance Reserve as of the beginning of the Accounting Period and (b) the reasonable cost of limiting, reducing or mitigating risk exposure of any assets described in Schedule E, paragraph Paragraph 3.

Appears in 1 contract

Samples: Reinsurance Agreement (Metlife Inc)

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