Common use of Payment of Reinsurance Premiums Clause in Contracts

Payment of Reinsurance Premiums. 1. The REINSURED shall send the LINCOLN each month a report in substantial accord with Schedule C, Part II, showing all outstanding first-year policies for which the REINSURED’S records have been completed and all renewal reinsurance premiums on reinsurance policies having anniversaries in the preceding month.

Appears in 2 contracts

Samples: Risk Premium Reinsurance Agreement (Union Security Insurance Co Variable Account C), Risk Premium Reinsurance Agreement (Union Security Insurance Co Variable Account C)

AutoNDA by SimpleDocs

Payment of Reinsurance Premiums. 1. The REINSURED shall send the LINCOLN each month a report in substantial accord with Schedule C, Part IIthe appropriate form in the Administrative Forms Schedule, showing all outstanding first-first year policies for which the REINSURED’S records have been completed and all renewal reinsurance premiums on reinsurance policies having anniversaries in the preceding monthpremiums.

Appears in 2 contracts

Samples: Risk Premium Reinsurance Agreement (Union Security Insurance Co Variable Account C), Risk Premium Reinsurance Agreement (Union Security Insurance Co Variable Account C)

AutoNDA by SimpleDocs

Payment of Reinsurance Premiums. 1. A. The REINSURED shall send the LINCOLN each month a report in substantial accord with Schedule C, Part IIthe appropriate form in the Administrative Forms Schedule, showing all outstanding first-year policies for which the REINSURED’S 'S records have been completed and all renewal reinsurance premiums on reinsurance policies having anniversaries in the preceding month.

Appears in 1 contract

Samples: Risk Premium Reinsurance Agreement (Vel Ii Account of Allmerica Financial Life Ins & Ann Co)

Time is Money Join Law Insider Premium to draft better contracts faster.