Common use of Premium Accounting Clause in Contracts

Premium Accounting. The Company will pay the Reinsurer premiums in accordance with the terms specified in Exhibit C. The method and requirements for reporting and remitting premiums are outlined in Exhibit F. The Reinsurer reserves the right to charge interest on overdue premiums. The interest will be calculated according to the terms and conditions specified in Exhibit C.

Appears in 19 contracts

Samples: Reinsurance Agreement (National Variable Life Insurance Account), Reinsurance Agreement (Llac Variable Account), Reinsurance Agreement (National Variable Life Insurance Account)

AutoNDA by SimpleDocs

Premium Accounting. The Company will pay the Reinsurer premiums in accordance with the terms specified in Exhibit C. The method and requirements for reporting and remitting premiums are outlined in Exhibit F. The Reinsurer reserves the right to charge interest on overdue premiums. The interest will be calculated according to the terms and conditions specified in Exhibit C.

Appears in 3 contracts

Samples: Reinsurance Agreement (Lincoln Life & Annuity Flexible Prem Vari Life Acct M), Reinsurance Agreement (Lincoln Life Flexible Premium Variable Life Account M), Reinsurance Agreement (Lincoln Life Flexible Premium Variable Life Account M)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!