Common use of Initial Reinsurance Premium Clause in Contracts

Initial Reinsurance Premium. The Parties agree and acknowledge that the initial reserve transfer occurred under the Subject Reinsurance Agreements (or predecessor reinsurance agreements), and there will be no additional initial reinsurance premium or ceding commission due between the Parties as a result of entering into this Agreement except as provided in Section 4.2.

Appears in 3 contracts

Samples: Reinsurance Agreement, Reinsurance Agreement (Allstate Corp), Reinsurance Agreement (Lincoln Benefit Life Co)

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Initial Reinsurance Premium. The Parties agree and acknowledge that the initial reserve transfer occurred under the Subject Reinsurance Agreements (or predecessor reinsurance agreements), and there will be no additional initial reinsurance premium or ceding commission due between the Parties as a result of entering into this Agreement except as provided in Section 4.2.

Appears in 1 contract

Samples: Stock Purchase Agreement (Allstate Corp)

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