INCREASE IN RETENTION. 1. If Cedent should increase Cedent's Retention Limits shown in Schedule C, Cedent shall give Reinsurer prompt written notice of this increase. 2. Cedent will have the option to recapture a portion of the reinsurance under this Agreement when Cedent's Retention Limits increase.
Appears in 4 contracts
Samples: Reinsurance Agreement (New York Life Ins & Annuity Corp Var Univ Life Sep Acc I), Reinsurance Agreement (New York Life Ins & Annuity Corp Var Univ Life Sep Acc I), Reinsurance Agreement (New York Life Ins & Annuity Corp Var Univ Life Sep Acc I)
INCREASE IN RETENTION. 1. If Cedent should increase Cedent's Retention Limits shown in Schedule C, Cedent shall give Reinsurer prompt written notice of this increase.
21. Cedent will have the option to recapture a portion of the reinsurance under this Agreement when Cedent's Retention Limits increase.
Appears in 2 contracts
Samples: Reinsurance Agreement (New York Life Ins & Annuity Corp Var Univ Life Sep Acc I), Reinsurance Agreement (New York Life Ins & Annuity Corp Var Univ Life Sep Acc I)
INCREASE IN RETENTION. 1. If Cedent should increase Cedent's Retention Limits shown in Schedule C, Cedent shall give Reinsurer prompt written notice of this increase.
2. Cedent will have the option to recapture a portion all or any part of the reinsurance under this Agreement when Cedent's Retention Limits increase.
Appears in 1 contract
Samples: Facultative Reinsurance Agreement (New York Life Ins & Annuity Corp Var Univ Life Sep Acc I)
