Experience Refund. The business reinsured under this contract shall not be eligible for an experience refund.
Experience Refund. Details of any Experience Refund payable to us will be shown in Exhibit C, Section XI (Experience Refund).
Experience Refund. Reinsurance under this Agreement is not eligible for an Experience Refund.
Experience Refund. 1. Swiss Re America shall pay the Company an experience refund equal to 50% of the Adjusted Profit, as defined in Exhibit C, for all products covered under this Agreement as set forth in Exhibit A.
Experience Refund. 1. Swiss Re Life & Health shall pay the Company an experience refund equal to 40% of the Adjusted Profit, as defined in Exhibit C, for all variable annuity contracts covered under this Agreement as set forth in Exhibit A. The experience refund calculation shall be pooled with and calculated together with all the variable annuity contracts covered under the Automatic Reinsurance Agreement dated July 1, 1994, between Transamerica Occidental Life Insurance Company and Swiss Re Life & Health. This referenced Agreement provides reinsurance coverage of the Guaranteed Minimum Death Benefit provisions within the Dreyfus Triple Advantage Variable Annuity contracts issued outside of the State of New York.
Experience Refund. Details of any Experience Refund payable to the Ceding Company will be shown in Exhibit C. Section XI. (Experience Refund).
Experience Refund. 1. Swiss Re Life & Health shall pay the Company an experience refund equal to 25% of the Adjusted Profit, as defined in Exhibit C, for all variable annuity contracts covered under this Agreement as set forth in Exhibit A.
Experience Refund. 1. Except as provided in paragraph 3, below, North American Re shall pay the Company an experience refund equal to 40% of the adjusted profit, as defined in Exhibit C.
Experience Refund. The Experience Refund shall be 100% of the net balance, provided that the net balance is greater than zero.
Experience Refund. A. If on the TERMINATION DATE or the date of recapture in accordance with Article III, paragraph F, the AGGREGATE REINSURANCE BASE PREMIUMS exceed the AGGREGATE GMDB CLAIMS, an experience refund equal to 85% of the AGGREGATE REINSURANCE EXCESS PREMIUMS is payable to the CEDING COMPANY by the REINSURER. Such experience refund, if payable, shall be included in the final statement of account and amended final statement of account, as described in Article VI, paragraphs E and F. If the AGGREGATE REINSURANCE BASE PREMIUMS do not exceed the AGGREGATE GMDB CLAIMS, no experience refund is payable.
