Common use of Interest Expense Charge Clause in Contracts

Interest Expense Charge. The Ceding Company will pay the Reinsurer an Interest Expense Charge at the end of each Accounting Period equal to [(i) x (ii)] + [(iii) x (iv)], where:

Appears in 2 contracts

Samples: Reinsurance Agreement (North American Security Life Insurance Co), Reinsurance Agreement (Manufacturers Life Insurance Co of North America Sep Acc A)

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Interest Expense Charge. The Ceding Company will pay the Reinsurer an Interest Expense Charge at the end of each Accounting Period equal to [(i) x (ii)] + [(iii) x (iv)] + [(v) x (vi)] + [(vii) x (viii)] + [(ix) x (x)] + [(xi) x (xii)], where:

Appears in 2 contracts

Samples: Reinsurance Agreement (Manufacturers Life Insurance Co of North America Sep Acc A), Reinsurance Agreement (North American Security Life Insurance Co)

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Interest Expense Charge. The Ceding Company will pay the Reinsurer an Interest Expense Charge at the end of each Accounting Period equal to [(i) x (ii)] + [(iii) x (iv)] + [(v) x (vi)] + [(vii) x (viii)] + [(ix) x (x)], where:

Appears in 2 contracts

Samples: Reinsurance Agreement (Manufacturers Life Insurance Co of North America Sep Acc A), Reinsurance Agreement (North American Security Life Insurance Co)

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