Policy Expenses. On a quarterly basis, the Reinsurer shall pay the Ceding Company an administrative expense fee (“Policy Expenses”) to cover the cost of providing all administrative and other services necessary or appropriate in connection with the administration of the Reinsured Policies and the Reinsured Liabilities in an amount calculated in accordance with Schedule II attached hereto. The Policy Expenses shall be payable by the Reinsurer to the Ceding Company in accordance with Section 7.03.
Appears in 4 contracts
Samples: Modified Coinsurance Agreement (Athene Holding LTD), Modified Coinsurance Agreement (Athene Holding LTD), Modified Coinsurance Agreement (Athene Holding LTD)
Policy Expenses. On a quarterly basis, the The Reinsurer shall pay the Ceding Company ceding company an administrative expense fee (“Policy Expenses”) to cover the cost of providing all administrative and other services necessary or appropriate in connection with the administration and distribution (including the product development fee) of the Reinsured Policies and the Reinsured Liabilities in an amount calculated Liabilities, determined in accordance with Schedule II attached hereto. The Policy Expenses shall be payable by the Reinsurer to the Ceding Company in accordance with Section 7.03.
Appears in 2 contracts
Samples: Coinsurance Agreement (US Alliance Corp), Coinsurance Agreement (Midwest Holding Inc.)
Policy Expenses. On a quarterly basis, the The Reinsurer shall pay the Ceding Company ceding company an administrative expense fee (“Policy Expenses”) to cover the cost of providing all administrative and other services necessary or appropriate in connection with the administration and distribution (including the product development fee) of the Reinsured Policies and the Reinsured Liabilities in an amount calculated Liabilities, determined in accordance with Schedule II attached hereto. The Policy Expenses shall be payable by the Reinsurer to the Ceding Company hereto and paid on a monthly basis in accordance with Section 7.03..
Appears in 1 contract
Policy Expenses. On a quarterly basis, the The Reinsurer shall pay the Ceding Company ceding company an administrative expense fee (“Policy Expenses”) to cover the cost of providing all administrative and other services necessary or appropriate in connection with the administration and distribution (including the product development fee) of the Reinsured Policies and the Reinsured Liabilities in an amount calculated Liabilities, determined in accordance with Schedule II attached hereto. The Policy Expenses shall be payable by the Reinsurer to the Ceding Company hereto and paid on a monthly basis in accordance with Section 7.03.
Appears in 1 contract
Samples: Funds Withheld Coinsurance and Modified Coinsurance Agreement (Midwest Holding Inc.)
