Common use of PAYMENTS TO REINSURER Clause in Contracts

PAYMENTS TO REINSURER. 1. The premium to be paid to us by you with respect to each policy reinsured, as specified in Schedule A, will be our quota share percentage, as specified in Schedule B, of the gross premium corresponding to the portion of the policy included under this reinsurance agreement. 2. You will pay to us our quota share percentage of the Administrative Services Fees which are paid to you through the Administrative Services Agreements with the underlying fund companies. 3. You will pay to us our quota share percentage of any gain due to as-of-processing.

Appears in 2 contracts

Samples: Variable Annuity Reinsurance Agreement (Country Investors Variable Annunity Account), Variable Annuity Reinsurance Agreement (Country Investors Variable Annunity Account)

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PAYMENTS TO REINSURER. 1. The premium to be paid to us by you with respect to each policy certificate reinsured, as specified in Schedule A, will be our quota share percentage, as specified in Schedule B, of the gross premium corresponding to the portion of the policy certificate included under this reinsurance agreement. 2. You will pay to us our quota share percentage of the Administrative Services Fees which are paid to you through the Administrative Services Agreements with the underlying fund companies. 3. You will pay to us our quota share percentage of any gain due to as-of-processing.

Appears in 2 contracts

Samples: Variable Universal Life Reinsurance Agreement (Country Investors Variable Life Account), Variable Universal Life Reinsurance Agreement (Country Investors Variable Life Account)

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PAYMENTS TO REINSURER. 1. The premium to be paid to us by you with respect to each policy contract reinsured, as specified in Schedule A, will be our quota share percentage, as specified in Schedule B, of the gross premium consideration corresponding to the portion of the policy contract included under this reinsurance agreement. 2. You will pay to us our quota share percentage of the Administrative Services Fees which are paid to you through the Administrative Services Agreements with the underlying fund companies. 3. You will pay to us our quota share percentage of any gain due to as-of-processing.

Appears in 2 contracts

Samples: Reinsurance Agreement (Country Investors Variable Annunity Account), Reinsurance Agreement (Country Investors Variable Annunity Account)

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