Common use of Payment of Reinsurance Premiums Clause in Contracts

Payment of Reinsurance Premiums. A. The reinsurance premiums will be paid to us on the basis stated in Exhibit III. B. Within twenty-five days after the close of each calendar quarter, you will send us a copy of a statement listing first year and renewal reinsurance premiums less refunds and allowances (dividends and cash values, if applicable) and other data mutally agreed upon by both parties.

Appears in 3 contracts

Samples: Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii), Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii), Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii)

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Payment of Reinsurance Premiums. A. The reinsurance premiums will be paid to us on the basis stated in Exhibit IIIII. B. Within twenty-five (25) days after the close of each calendar quartermonth, you will send us a copy of a statement listing first year and renewal reinsurance premiums less refunds and allowances (dividends and cash values, if applicable) and other data mutally mutually agreed upon by both parties.

Appears in 1 contract

Samples: Reinsurance Agreement (North American Security Life Insurance Co)

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