Facultative Submissions. Applications for reinsurance on a facultative basis will be made in accordance with Exhibit A-2. Unless the Reinsurer provides written consent to an extension, the Company will have the number of days specified in Exhibit A-2 from the date of the Reinsurer’s final offer in which to place the policy with the insured/owner, after which the Reinsurer’s offer will expire without further notice or obligation. The terms of this Agreement will apply to each accepted facultative offer, unless the offer specifies different terms.
Appears in 5 contracts
Samples: Reinsurance Agreement, Reinsurance Agreement (Tiaa-Cref Life Separate Account Vli-1), Reinsurance Agreement (Thrivent Variable Life Account I)
Facultative Submissions. Applications for reinsurance on a facultative basis will be made in accordance with Exhibit A-2. Unless the Reinsurer provides written consent to an extension, the Company will have the number of days specified in Exhibit A-2 from the date of the Reinsurer’s 's final offer in which to place the policy with the insured/owner, after which the Reinsurer’s 's offer will expire without further notice or obligation. The terms of this Agreement will apply to each accepted facultative offer, unless the offer specifies different terms.
Appears in 4 contracts
Samples: Reinsurance Agreement (Allstate Life of N Y Var Life Sep Acct A), Reinsurance Agreement (Allstate Assurance Co Variable Life Separate Account), Reinsurance Agreement (Ameritas Variable Separate Account V)
Facultative Submissions. Applications for reinsurance on a facultative basis will be made in accordance with Exhibit A-2. Unless the Reinsurer provides written consent to an extension, the Company will have the number of days specified in Exhibit A-2 from the date of the Reinsurer’s final offer in which to place the policy with the insured/owner, after which the Reinsurer’s offer will expire without further notice or obligation. The terms of this Agreement will apply to each accepted facultative offer, unless the offer specifies different terms.. 196474US-08 ml 20070727 (ODB#I02020US-08) 3
Appears in 2 contracts
Samples: Reinsurance Agreement (Nationwide VL Separate Account-G), Reinsurance Agreement (Nationwide VL Separate Account-G)
Facultative Submissions. Applications for reinsurance on a facultative basis will be made in accordance with Exhibit A-2. Unless the Reinsurer provides written consent to an extension, the Company will have the number of days specified in Exhibit A-2 from the date of the Reinsurer’s 's final offer in which to place notify the policy with the insured/ownerReinsurer in writing of its underwriting decision, after which the Reinsurer’s 's offer will expire without further notice or obligation. The terms of this Agreement will apply to each accepted facultative offer, unless the offer specifies different terms.
Appears in 1 contract
Samples: Reinsurance Agreement (Symetra Separate Account Sl)
Facultative Submissions. Applications for reinsurance on a facultative basis will be made in accordance with Exhibit A-2. Unless the Reinsurer provides written consent to an extension, the Company will have the number of days specified in Exhibit A-2 from the date of the Reinsurer’s ' s final offer in which to place the policy with the insured/owner, after which the Reinsurer’s ' s offer will expire without further notice or obligation. The terms of this Agreement will apply to each accepted facultative offer, unless the offer specifies different terms.
Appears in 1 contract
Samples: Reinsurance Agreement (Ameritas Variable Separate Account V)
Facultative Submissions. Applications for reinsurance on a facultative basis will be made in accordance with Exhibit A-2. Unless the Reinsurer provides written consent to an extension, the Company will have the number of days specified in Exhibit A-2 from the date of the Reinsurer’s 's final offer in which to place the policy with the insured/owner, after which the Reinsurer’s 's offer will expire without further notice or obligation. The terms of this Agreement will apply to each accepted facultative offer, unless the offer specifies different terms.,
Appears in 1 contract
Samples: Reinsurance Agreement (Nationwide VLI Separate Account-7)
