Life Reinsurance Premiums. A. Life Reinsurance Premiums Paid on a Coinsurance Basis The CEDING COMPANY shall pay the current premium as shown in Exhibit II based on the amount of life insurance reinsured, less the allowance stated in Exhibit III. In addition, the CEDING COMPANY shall pay any substandard table extra and flat extra premiums, but shall exclude the policy fee. In the event the current premium is changed, BMA shall be notified by the CEDING COMPANY immediately.
Appears in 9 contracts
Samples: Novation Agreement (Minnesota Life Variable Life Account), Novation Agreement (Minnesota Life Variable Life Account), Reinsurance Agreement (Utg Inc)