Common use of Facultative Submission Clause in Contracts

Facultative Submission. The liability of the Reinsurer for automatically ceded reinsurance shall commence simultaneously with that of the Ceding Company. The liability of the Reinsurer for reinsurance ceded automatically shall terminate simultaneously with that of the Ceding Company’s liability or as specified in accordance with the provisions of Article III –

Appears in 5 contracts

Samples: Automatic Yrt Agreement (Massachusetts Mutual Variable Life Separate Account I), Automatic Yrt Agreement (Massachusetts Mutual Variable Life Separate Account I), Automatic Yrt Agreement (Massachusetts Mutual Variable Life Separate Account I)

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Facultative Submission. The liability of the Reinsurer for automatically ceded reinsurance shall commence simultaneously with that of the Ceding Company, subject to the provisions of Paragraph E of this Article. The liability of the Reinsurer for reinsurance ceded automatically shall terminate simultaneously with that of the Ceding Company’s liability or as specified in accordance with the provisions of Article III IV – Premiums, Payments and Reports or Article X

Appears in 3 contracts

Samples: Automatic Yrt Agreement (Massachusetts Mutual Variable Life Separate Account I), Automatic Yrt Agreement (Massachusetts Mutual Variable Life Separate Account I), Reinsurance Contract (Massachusetts Mutual Variable Life Separate Account I)

Facultative Submission. The liability of the Reinsurer for automatically ceded reinsurance shall commence simultaneously with that of the Ceding Company. The liability of the Reinsurer for reinsurance ceded automatically shall terminate simultaneously with that of the Ceding Company’s liability or as specified in accordance with the provisions of Article III IV – Premiums, Payments and Reports or Article X

Appears in 2 contracts

Samples: Selected Reinsurance Agreements (Massachusetts Mutual Variable Life Separate Account I), Automatic Yrt Agreement (Massachusetts Mutual Variable Life Separate Account I)

Facultative Submission. The liability of the Reinsurer for automatically ceded reinsurance shall commence simultaneously with that of the Ceding Company. The liability of the Reinsurer for reinsurance ceded automatically shall terminate simultaneously with that of the Ceding Company’s liability or as specified in accordance with the provisions of Article III –IV – Premiums, Payments and Reports.

Appears in 2 contracts

Samples: Automatic and Facultative Yrt Agreement (Massachusetts Mutual Variable Life Separate Account I), Automatic and Facultative Yrt Agreement (Massachusetts Mutual Variable Life Separate Account I)

Facultative Submission. The liability of the Reinsurer for automatically ceded reinsurance shall commence simultaneously with that of the Ceding Company. The liability of the Reinsurer for reinsurance ceded automatically shall terminate simultaneously with that of the Ceding Company’s liability or as specified in accordance with the provisions of Article III IV

Appears in 2 contracts

Samples: Selected Reinsurance Agreements (Massachusetts Mutual Variable Life Separate Account I), Automatic Yrt Agreement (Massachusetts Mutual Variable Life Separate Account I)

Facultative Submission. The liability of the Reinsurer for automatically ceded reinsurance shall commence simultaneously with that of the Ceding Company, subject to the provisions of Paragraph E of this Article. The liability of the Reinsurer for reinsurance ceded automatically shall terminate simultaneously with that of the Ceding Company’s liability or as specified in accordance with the provisions of Article III IV – Premiums, Payments and Reports or Article IX

Appears in 1 contract

Samples: Automatic and Facultative Yrt Agreement (Massachusetts Mutual Variable Life Separate Account I)

Facultative Submission. The liability of the Reinsurer for automatically ceded reinsurance shall commence simultaneously with that of the Ceding Company, subject to the provisions of Paragraph E of this Article. The liability of the Reinsurer for reinsurance ceded automatically shall terminate simultaneously with that of the Ceding Company’s liability or as specified in accordance with the provisions of Article III –IV—Premiums, Payments and Reports or Article X—

Appears in 1 contract

Samples: Reinsurance Contract (Massachusetts Mutual Variable Life Separate Account I)

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Facultative Submission. The liability of the Reinsurer for automatically ceded reinsurance shall commence simultaneously with that of the Ceding Company. The liability of the Reinsurer for reinsurance ceded automatically shall terminate simultaneously with that of the Ceding Company’s liability or as specified in accordance with the provisions of Article III –IV – Premiums, Payments and Reports, or Article IX – Policy Changes or Article X – Increase in Retention. [page break]

Appears in 1 contract

Samples: Selected Reinsurance Agreements (Massachusetts Mutual Variable Life Separate Account I)

Facultative Submission. The liability of the Reinsurer for automatically ceded reinsurance shall commence simultaneously with that of the Ceding Company, subject to the provisions of Paragraph E of this Article. The liability of the Reinsurer for reinsurance ceded automatically shall terminate simultaneously with that of the Ceding Company’s liability or as specified in accordance with the provisions of Article III –IV – Premiums, Payments and Reports or Article X – Increase in Retention. [page break]

Appears in 1 contract

Samples: Selected Reinsurance Agreements (Massachusetts Mutual Variable Life Separate Account I)

Facultative Submission. The liability of the Reinsurer for automatically ceded reinsurance shall commence simultaneously with that of the Ceding Company, subject to the provisions of Paragraph E of this Article. The liability of the Reinsurer for reinsurance ceded automatically shall terminate simultaneously with that of the Ceding Company’s liability or as specified in accordance with the provisions of Article III –ceded

Appears in 1 contract

Samples: Automatic and Facultative Yrt Agreement (Massachusetts Mutual Variable Life Separate Account I)

Facultative Submission. The liability of the Reinsurer for automatically ceded reinsurance shall commence simultaneously with that of the Ceding Company. The liability of the Reinsurer for reinsurance ceded automatically shall terminate simultaneously with that of the Ceding Company’s liability or as specified in accordance with the provisions of Article III –IV – Premiums, Payments and Reports, or Article IX – Policy Changes or Article X – Increase in Retention.

Appears in 1 contract

Samples: Automatic Yrt Agreement (Massachusetts Mutual Variable Life Separate Account I)

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