Common use of Noncontractual Increases Clause in Contracts

Noncontractual Increases. If the amount of insurance is increased as a result of a noncontractual change, the increase will be underwritten by the Ceding Company in accordance with its customary standards and procedures and will be considered new reinsurance under this Agreement. MARC’s approval is required if the original policy was reinsured on a facultative basis or if the new amount will cause the reinsured amount on the life to exceed either the Automatic Binding Limits or the Jumbo Limits shown in Exhibit B. The Ceding Company and MARC will share the increased amount proportionately. Once the Ceding Company’s maximum retention has been reached, the remaining amount will be reinsured on an excess basis. Premiums for the additional reinsurance will be at the new-issue rate from the point of increase.

Noncontractual Increases. If the amount of insurance is increased as a result of a noncontractual change, change and the increase will be underwritten by the Ceding Company in accordance with its customary standards and procedures and as set forth in Article 2.2, it will be considered new reinsurance under this Agreement. Otherwise, the increase is not reinsured under this Agreement. MARC’s 's approval is required if the original policy was reinsured on a facultative basis or if the new amount will cause the reinsured amount on the life to exceed either the Automatic Binding Limits or the Jumbo Limits shown in Exhibit B. The Ceding Company and MARC will assume its share of the increased entire amount proportionately. Once in excess of the Ceding Company’s maximum retention has been reached, the remaining amount will be reinsured on an excess basis's applicable retention. Premiums for the additional reinsurance will be at the new-issue rate from the point of increase.

Noncontractual Increases. If the amount of insurance is increased as a result of a noncontractual change, change and the increase will be underwritten by the Ceding Company in accordance with its customary standards and procedures and as set forth in Article 2.2, it will be considered new reinsurance under this Agreement. Otherwise, the increase is not reinsured under this Agreement. MARC’s approval is required if the original policy was reinsured on a facultative basis or if the new amount will cause the reinsured amount on the life to exceed either the Automatic Binding Limits or the Jumbo Limits shown in Exhibit B. The Ceding Company and MARC will assume its share of the increased entire amount proportionately. Once in excess of the Ceding Company’s maximum applicable retention has been reached, the remaining amount will be reinsured on an excess basisand First Excess. Premiums for the additional reinsurance will be at the new-issue rate from the point of increase.

Noncontractual Increases. If the amount of insurance is increased as a result of a noncontractual change, the increase will be underwritten by the Ceding Company Company, through the Administrator, in accordance with its customary standards and procedures and will be considered new reinsurance under this Agreement. MARC’s approval is required if the original policy was reinsured on a facultative basis or if the new amount will cause the reinsured amount on the life to exceed either the Automatic Binding Limits or the Jumbo Limits shown in Exhibit B. The Ceding Company and MARC will assume its share of the increased entire amount proportionately. Once in excess of the Ceding Company’s maximum applicable retention has been reached, and the remaining amount will be reinsured on an excess basisfirst excess. Premiums for the additional reinsurance will be at the new-issue rate from the point of increase.

Noncontractual Increases. If the amount of insurance is increased as a result of a noncontractual change, the increase will be underwritten by the Ceding Company in accordance with its customary standards and procedures and as set forth in Article 2.2, it will be considered new reinsurance under this Agreement. Otherwise, the increase is not reinsured under this Agreement. MARC’s approval is required if the original policy was reinsured on a facultative basis or if the new amount will cause the reinsured amount on the life to exceed either the Automatic Binding Limits or the Jumbo Limits shown in Exhibit B. The Ceding Company and MARC will assume its share of the increased ceded amount proportionately. Once in excess of the Ceding Company’s maximum retention has been reached, the remaining amount will be reinsured on an excess basisapplicable retention. Premiums for the additional reinsurance will be at the new-issue rate from the point of increase.