Common use of Quarterly Accounting Period Clause in Contracts

Quarterly Accounting Period. Each Accounting Period under this Agreement will be a calendar quarter, except that: (a) the initial Accounting Period runs from the Effective Date of this Agreement through the last day of the calendar quarter during which this Agreement is executed by both parties, and (b) the final Accounting Period runs from the end of the preceding Accounting Period until the terminal accounting date of this Agreement, as described in Article VIII, Paragraph 2. However, the Reinsurer reserves the right to adjust all accounting and settlements to a calendar year-to-date basis.

Appears in 7 contracts

Samples: Reinsurance Agreement (Separate Account a of Pacific Life Insurance Co), Reinsurance Agreement (Genworth Life & Annuity VA Separate Account 2), Reinsurance Agreement (Genworth Life of New York VA Separate Account 3)

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Quarterly Accounting Period. Each Accounting Period under this Agreement will be a calendar quarter, except that: (a) the initial Accounting Period runs from the Effective Date of this Agreement through the last day of the calendar quarter during which this Agreement is executed by both parties, and (b) the final Accounting Period runs from the end of the preceding Accounting Period until the terminal accounting date of this Agreement, as described in Article VIII, Paragraph 2. However, the Reinsurer reserves the right to adjust all accounting and settlements to a calendar year-to-date basis.

Appears in 5 contracts

Samples: Reinsurance Agreement, Reinsurance Agreement, Reinsurance Agreement (Separate Account a of Pacific Life Insurance Co)

Quarterly Accounting Period. Each Accounting Period under this Agreement will be a calendar quarter, except that: (a) the initial Accounting Period runs from the Effective Date of this Agreement through the last day of the calendar quarter during which the Effective Date of this Agreement is executed by both partiesfalls, and (b) the final Accounting Period runs from the end of the preceding Accounting Period until the terminal accounting date of this Agreement, Agreement as described in Article VIIIIX, Paragraph 2. However, the Reinsurer reserves the right to adjust all accounting and settlements to a calendar year-to-date basis.

Appears in 2 contracts

Samples: Reinsurance Agreement, Reinsurance Agreement (Pacific Select Exec Separate Acct Pacific Life Ins)

Quarterly Accounting Period. Each Accounting Period under this Agreement will be a calendar quarter, except that: (a) the initial Accounting Period runs from the Effective Date of this Agreement through the last day of the calendar quarter during which the Effective Date of this Agreement is executed by both partiesfalls, and (b) the final Accounting Period runs from the end of the preceding Accounting Period until the terminal accounting date of this Agreement, Agreement as described in Article VIIIXII, Paragraph 2. However, the Reinsurer reserves the right to adjust all accounting and settlements to a calendar year-to-date basis.

Appears in 2 contracts

Samples: Reinsurance Agreement (North American Security Life Insurance Co), Reinsurance Agreement (Manufacturers Life Insurance Co of North America Sep Acc A)

Quarterly Accounting Period. Each Accounting Period under this Agreement will be a calendar quarter, except that: (a) the initial Accounting Period runs from the Effective Date of this Agreement through the last day of the calendar quarter during which the Effective Date of this Agreement is executed by both partiesfalls, and (b) the final Accounting Period runs from the end of the preceding Accounting Period until the terminal accounting date of this Agreement, Agreement as described in Article VIIIIX, Paragraph 2. HoweverThe amount in Article III, the Reinsurer reserves the right to adjust all accounting and settlements to paragraph 4 (i) (a) will be adjusted on a pro-rata basis for time periods less than a calendar year-to-date basisquarter.

Appears in 2 contracts

Samples: Reinsurance Agreement (Nasl Variable Account), Reinsurance Agreement (Nasl Variable Account)

Quarterly Accounting Period. Each Accounting Period under this Agreement will be a calendar quarter, except that: (a) the initial Accounting Period runs from the Effective Date of this Agreement through the last day of the calendar quarter during which the Effective Date of this Agreement is executed by both partiesfalls, and (b) the final Accounting Period runs from the end of the preceding Accounting Period until the terminal accounting date of this Agreement, Agreement as described in Article VIIIIX, Paragraph 2. HoweverThe amounts in Article III, the Reinsurer reserves the right to adjust all accounting paragraph 3(i) and settlements to (iv), and Article III, paragraph 4, will be adjusted on a pro-rata basis for time periods less than a calendar year-to-date basisquarter.

Appears in 2 contracts

Samples: Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account H), Reinsurance Agreement (Manufacturers Life Insurance Co of North America Sep Acc A)

Quarterly Accounting Period. Each "Accounting Period Period" under this Agreement will be a calendar quarter, except that: (a) the initial Accounting Period runs from the Effective Date of this Agreement through the last day of the calendar quarter during which this Agreement is executed by both parties, and (b) the final Accounting Period runs from the end of the preceding Accounting Period until the terminal accounting date of this Agreement, as described in Article VIII, Paragraph 2. However, the Reinsurer reserves parties hereto reserve the right to adjust all accounting and settlements to a calendar year-to-date basis.

Appears in 2 contracts

Samples: Reinsurance Agreement (PHL Variable Accumulation Account II), Reinsurance Agreement (PHL Variable Accumulation Account II)

Quarterly Accounting Period. Each Accounting Period under this Agreement will be a calendar quarter, except that: (a) the initial Accounting Period runs from the Effective Date of this Agreement through the last day of the calendar quarter during which the Effective Date of this Agreement is executed by both partiesfalls, and (b) the final Accounting Period runs from the end of the preceding Accounting Period until the terminal accounting date of this Agreement, Agreement as described in Article VIII, XII. Paragraph 2. However, the Reinsurer reserves the right to adjust all accounting The amounts in Article III. paragraphs 4 (i) (a) and settlements to 4 (ii) (a) will be adjusted on a pro-rata basis time periods less than a calendar year-to-date basisquarter.

Appears in 1 contract

Samples: Reinsurance Agreement (Hartford Life Insurance Co Separate Account Ten)

Quarterly Accounting Period. Each Accounting Period under this Agreement will be a calendar quarter, except that: (a) the initial Accounting Period runs from the Effective Date of this Agreement through the last day of the calendar quarter during which the Effective Date of this Agreement is executed by both partiesfalls, and (b) the final Accounting Period runs from the end of the preceding Accounting Period until the terminal accounting date of this Agreement, Agreement as described in Article VIIIXII, Paragraph 2. HoweverThe amounts in Article III, the Reinsurer reserves the right to adjust all accounting paragraphs 4 (i) (a) and settlements to 4 (ii) (a) will be adjusted on a pro-rata basis time periods less than a calendar year-to-date basisquarter.

Appears in 1 contract

Samples: Reinsurance Agreement (Hartford Life Insurance Co Separate Account Two)

Quarterly Accounting Period. Each Accounting Period under this Agreement will be a calendar quarter, except that: that (a) the initial Accounting Period runs from the Effective Date of this Agreement through the last day of the calendar quarter during which the Effective Date of this Agreement is executed by both partiesfalls, and (b) the final Accounting Period runs from the end of the preceding Accounting Period until the terminal accounting date of this Agreement, Agreement as described in Article VIIIIX, Paragraph 2. HoweverThe amount in Article III, the Reinsurer reserves the right to adjust all accounting and settlements to paragraph 4 (i) (a) will be adjusted on a pro-rata basis for time periods less than a calendar year-to-date basis.quarter

Appears in 1 contract

Samples: Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account H)

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Quarterly Accounting Period. Each Accounting Period under this Agreement will be a calendar quarter, except that: (a) the initial Accounting Period runs from the Effective Date of this Agreement through the last day of the calendar quarter during which the Effective Date of this Agreement is executed by both partiesfalls, and (b) the final Accounting Period runs from the end of the preceding Accounting Period until the terminal accounting date of this Agreement, Agreement as described in Article VIIIX, Paragraph 2. However, the Reinsurer reserves the right to adjust all accounting and settlements to a calendar year-to-date basis.

Appears in 1 contract

Samples: Reinsurance Agreement (Liberty Financial Companies Inc /Ma/)

Quarterly Accounting Period. Each Accounting Period under this Agreement will be a calendar quarter, except that: (a) the initial Accounting Period runs from the Effective Date of this Agreement through the last day of the calendar quarter during which this Agreement is executed by both partiesDecember 31, 2000, and (b) the final Accounting Period runs from the end of the preceding Accounting Period until the terminal accounting date of this Agreement, Agreement as described in Article VIIIVII, Paragraph 2. However, the Reinsurer reserves the right to adjust all accounting and settlements to a calendar year-to-date basis.

Appears in 1 contract

Samples: Excess of Loss Reinsurance Agreement (Americo Life Inc)

Quarterly Accounting Period. Each Accounting Period under this Agreement will be a calendar quarter, except that: (a) the initial Accounting Period runs from the Effective Date of this Agreement through the last day of the calendar quarter during which this Agreement is executed by both parties, and (b) the final Accounting Period runs from the end of the preceding Accounting Period until the terminal accounting date of this Agreement, as described in Article VIIIIX, Paragraph 2. However, the Reinsurer reserves the right to adjust all accounting and settlements to a calendar year-to-date basis.

Appears in 1 contract

Samples: Reinsurance Agreement (SBL Variable Annuity Account Xiv)

Quarterly Accounting Period. Each Accounting Period under this --------------------------- Agreement will be a calendar quarter, except that: (a) the initial Accounting Period runs from the Effective Date of this Agreement through the last day of the calendar quarter during which the Effective Date of this Agreement is executed by both partiesfalls, and (b) the final Accounting Period runs from the end of the preceding Accounting Period until the terminal accounting date of this Agreement, Agreement as described in Article VIIIX, Paragraph 2). HoweverThe amounts in Article III, the Reinsurer reserves the right to adjust all accounting Paragraphs 3) a) i), 3) e) i) and settlements to Article IV Paragraph 1) will be adjusted on a pro-rata basis for time periods less than a calendar year-to-date basisquarter.

Appears in 1 contract

Samples: Reinsurance Agreement (Golden American Life Insurance Co /Ny/)

Quarterly Accounting Period. Each Accounting Period Period” under this Agreement will be a calendar quartermonth, except that: (a) the initial Accounting Period runs from the Effective Date of this Agreement through though the last day of the calendar quarter month during which this Agreement is executed by both parties, and (b) the final Accounting Period runs from the end of the preceding Accounting Period until the terminal accounting date of this Agreement, as described in Article VIII, Paragraph 2. However, the Reinsurer reserves patties hereto reserve the right to adjust all accounting and settlements to a calendar year-to-date basis.

Appears in 1 contract

Samples: Reinsurance Agreement (Jefferson National Life Annuity Account G)

Quarterly Accounting Period. Each Accounting Period under this Agreement --------------------------- will be a calendar quarter, except that: (a) the initial Accounting Period runs from the Effective Date effective date of this Agreement through the last day of the calendar quarter during which the effective date of this Agreement is executed by both partiesfalls, and (b) the final Accounting Period runs from the end of the preceding Accounting Period until the terminal transitional accounting date of this Agreement, Agreement as described in Article VIIIX, Paragraph 2. However, the Reinsurer reserves the right to adjust all accounting and settlements to a calendar fiscal year-to-date basis.

Appears in 1 contract

Samples: Reinsurance Agreement (General American Separate Account Two)

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