Common use of FACULTATIVE PROVISIONS Clause in Contracts

FACULTATIVE PROVISIONS. A. The CEDING COMPANY will have the option to submit any case facultatively which it does not wish to cede automatically or which it may not cede automatically under the provisions of Article I.

Appears in 5 contracts

Samples: Yearly Renewable Term Agreement (Protective Variable Life Separate Account), Automatic Agreement (Ids Life of New York Account 8), Automatic Agreement (Ids Life Variable Life Separate Account)

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FACULTATIVE PROVISIONS. A. The CEDING COMPANY will shall have the option to submit cede any case facultatively which it does not wish to cede automatically or which it may not cede automatically under the provisions of Article I.

Appears in 1 contract

Samples: Automatic Reinsurance Agreement (Vel Ii Account of Allmerica Financial Life Ins & Ann Co)

FACULTATIVE PROVISIONS. A. The CEDING COMPANY will have the option to submit any case facultatively which it does not wish to cede automatically or which it may not cede automatically under the provisions of Article I.

Appears in 1 contract

Samples: Reinsurance Agreement (Separate Account B of Paragon Life Insurance Co)

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FACULTATIVE PROVISIONS. A. The CEDING COMPANY will have the option to submit any group or case facultatively which it does not wish to cede automatically or which it may not cede automatically under the provisions of Article I.

Appears in 1 contract

Samples: Automatic and Facultative Yearly Renewable Term Agreement (Massachusetts Mutual Variable Life Separate Account I)

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