Non-Guaranteed Elements. From and after the Effective Time, the Ceding Company shall establish the applicable Non-Guaranteed Elements under the Covered Insurance Policies in accordance with the Non-Guaranteed Element Policy. The Ceding Company shall take into account the recommendations of the Reinsurer in establishing such Non-Guaranteed Elements, but shall retain the ultimate authority to establish the Non-Guaranteed Elements in accordance with the Non-Guaranteed Element Policy.
Appears in 5 contracts
Samples: Reinsurance Agreement (Talcott Resolution Life Insurance Co Separate Account Seven), Reinsurance Agreement (Talcott Resolution Life Insurance Co Separate Account Seven), Reinsurance Agreement (Talcott Resolution Life & Annuity Insurance Co Separate Account Seven)
