Common use of Gain or Loss Clause Clause in Contracts

Gain or Loss Clause. The various items of account (e.g., Reinsurance Premium and Benefits) shall not be deemed to be separate debts but shall be used to determine the Monthly Settlements.

Appears in 3 contracts

Samples: Coinsurance Agreement (United Income Inc), Coinsurance Agreement (First Commonwealth Corp), Coinsurance Agreement (United Trust Inc /Il/)

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Gain or Loss Clause. The various items of account (e.g.account, Reinsurance Premium such as reinsurance premium and Benefits) reinsurance claims, shall not be deemed to be separate debts debts, but shall be used to determine the Monthly Settlementsquarterly settlement.

Appears in 1 contract

Samples: Automatic Indemnity Reinsurance Agreement (Mony Group Inc)

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