Common use of Payments Upon Termination of Agreement Clause in Contracts

Payments Upon Termination of Agreement. 1. In the event that this Agreement is terminated pursuant to any provision hereof, a terminal accounting and settlement shall take place.

Appears in 4 contracts

Samples: Modified Coinsurance Agreement (Separate Account Vul-2 of the American Franklin Life Ins Co), Agreement (Separate Account Vul-2 of the American Franklin Life Ins Co), Reinsurance Assignment Agreement (Agl Separate Account Vul-2)

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Payments Upon Termination of Agreement. 1. In the event that this Agreement is terminated pursuant to any provision hereofthe provisions of Article X, a terminal accounting and settlement shall take place.

Appears in 1 contract

Samples: Portfolio Indemnity Reinsurance Agreement (Standard Management Corp)

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