PREMIUM RATE GUARANTEE. The Reinsurer anticipates continuing to accept premiums on the basis of the rates shown in Exhibit B, however, the Reinsurer can only guarantee that the life reinsurance premium rates payable under this Agreement shall not exceed the one-year term net premiums computed on the 1980 CSO Mortality Table at the maximum valuation interest rate allowable for the policies reinsured.
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Samples: Reinsurance Agreement (Nationwide VLI Separate Account-7), The Agreement (Llac Variable Account)
PREMIUM RATE GUARANTEE. The Reinsurer anticipates continuing to accept premiums on the basis of the rates shown in Exhibit B, however, the Reinsurer can only guarantee that the life reinsurance premium rates payable under this Agreement shall not exceed the one-year term net premiums computed on the 1980 CSO Mortality Table at the maximum valuation interest rate allowable for the policies reinsured.. GENERAL & COLOGNE LIFE RE OF AMERICA
Appears in 1 contract
PREMIUM RATE GUARANTEE. The Reinsurer anticipates continuing to accept premiums on the basis of the rates shown in Exhibit B, however, however the Reinsurer can only guarantee that the life reinsurance premium rates payable under this Agreement shall not exceed the one-year term net premiums computed on the 1980 CSO Mortality Table at the maximum valuation interest rate allowable for the policies reinsured.. 02/26/02 8 of 24 ARTICLE IX
Appears in 1 contract
Samples: Automatic Yearly Renewable Term Reinsurance Agreement (Nationwide Provident Vli Separate Account 1)
