Common use of Periodic Premium Clause in Contracts

Periodic Premium. The Retrocedent will pay to the Retrocessionaire, in accordance with Article 7 hereof, 100% of the premiums (less brokerage and ceding commissions) received by the Retrocedent in respect of the Reinsurance Agreements on or after the Upfront Premium Payment Date.

Periodic Premium. The Retrocedent will pay to the Retrocessionaire, in accordance with Article 7 hereof, 100% of the premiums (less brokerage and ceding commissions) received by on or after the Retrocedent Effective Date in respect of the Reinsurance Agreements on or after the Upfront Premium Payment DateAgreements.