Insurance Contract Changes. Except (a) as directed or agreed by the Reinsurer in writing, (b) for any changes initiated by the applicable Policyholder of any Reinsured Contract pursuant to the terms of such Reinsured Contract or (c) for any changes mandated by any Governmental Authority or applicable Law, the Ceding Company shall not change the terms of any Reinsured Contract. This Section 2.2 shall not apply to any changes to Non-Guaranteed Elements, which shall be governed exclusively by Section 2.8.
Appears in 2 contracts
Samples: Coinsurance and Modified Coinsurance Agreement (Guardian Separate Account R), Coinsurance and Modified Coinsurance Agreement (Guardian Separate Account R)
Insurance Contract Changes. Except (a) as directed or agreed by the Reinsurer in advance in writing, (b) for any changes initiated by the applicable Policyholder of any Reinsured Contract pursuant to the terms of such Reinsured Contract or (c) for any changes mandated by any Governmental Authority or applicable Law, the Ceding Company shall not change the terms of any Reinsured Contract. This Section 2.2 2.02 shall not apply to any changes to Non-Guaranteed Elements, which shall be governed exclusively by Section 2.82.08.
Appears in 2 contracts
Samples: Coinsurance and Modified Coinsurance Agreement (John Hancock Life Insurance Co of New York Separate Account A), Coinsurance and Modified Coinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account H)
Insurance Contract Changes. Except (a) as directed or agreed by the Reinsurer in advance in writing, (b) for any changes initiated by the applicable Policyholder of any Reinsured Contract pursuant to the terms of such Reinsured Contract or (c) for any changes mandated by any Governmental Authority or applicable Law, the Ceding Company shall not change the terms of any Reinsured Contract. This Section 2.2 shall not apply to any changes to Non-Guaranteed Elements, which shall be governed exclusively by Section 2.8.
Appears in 2 contracts
Samples: Coinsurance and Modified Coinsurance Agreement (Equitable Financial Life Insurance Co), Coinsurance and Modified Coinsurance Agreement (Equitable Holdings, Inc.)
Insurance Contract Changes. Except (a) as directed or agreed by the Reinsurer in writing, (b) for any changes initiated by the applicable Reinsurer (or its duly appointed assignee or delegatee) acting on behalf of the Ceding Company in the Reinsurer’s capacity as Administrator, (c) for any changes initiated by a Policyholder of any Reinsured Contract pursuant to the express terms of such Reinsured Contract Policy or (cd) for any changes mandated by any Governmental Authority Entity or applicable Applicable Law, the Ceding Company shall not change the terms of any Reinsured Contract. This Section 2.2 shall not apply to any changes to Non-Guaranteed Elements, which shall be governed exclusively by Section 2.8Policy.
Appears in 1 contract
Samples: Coinsurance and Modified Coinsurance Agreement (Farmers Annuity Separate Account A)
Insurance Contract Changes. Except (a) as directed by or agreed consented to by the Reinsurer Reinsurer, in writing, or (b) for any changes change initiated by the applicable Policyholder Contractholder, claimant or beneficiary of any Reinsured Contract pursuant to the terms of such a Reinsured Contract or (c) for any changes mandated by any Governmental Authority or applicable Applicable Law, the Ceding Company shall not not, on its own initiative, change the terms of any Reinsured Contract. This Section 2.2 shall not apply to any changes to Non-Guaranteed Elements, which shall be governed exclusively by Section 2.8.
Appears in 1 contract
Samples: Reinsurance Agreement (Farmers Annuity Separate Account A)
