Common use of Quarterly Accountings Clause in Contracts

Quarterly Accountings. Within thirty (30) days after the end of each calendar quarter that this Agreement is in effect (or more frequently as mutually agreed by the parties), the Company shall submit to the Administrator a written statement of accounting in a form and containing such information to be agreed upon by the parties hereto (each, an “Insolvency Fund Quarterly Accounting”) setting forth the Insolvency Fund amounts assessed or payable to the extent that such assessments constitute Reinsured Risks with respect to the Novated Policies (collectively, the “Post-Effective Date Assessments”). Within thirty (30) days after the last day of each calendar quarter that this Agreement is in effect (or more frequently as mutually agreed by the parties), the Administrator shall submit to the Company a written statement of accounting in a form and containing such information to be agreed upon by the parties hereto (each, a “Quarterly Premium Tax Accounting”, and together with the Insolvency Fund Quarterly Accountings, the “Quarterly Accountings”) setting forth the estimated premium taxes due with respect to the Novated Policies as a result of premiums collected during such quarter. Concurrent with the delivery of each Quarterly Premium Tax Accounting, the Administrator shall remit to the Company the amount set forth on such Quarterly Premium Tax Accounting with respect to such estimated premium taxes due and the amount set forth in such Insolvency Fund Quarterly Accounting with respect to the Post-Effective Date Assessments, and any other amounts owed to the Company pursuant to this Agreement; provided, however, that any Post-Effective Date Assessments set forth in an Insolvency Fund Quarterly Accounting received by the Administrator less than five (5) Business Days prior to the Administrator’s delivery of such Quarterly Premium Tax Accounting will be paid within ten (10) Business Days of receipt by the Administrator of such Insolvency Fund Quarterly Accounting. Each of the parties agrees to supply to the other a copy of all supporting data used in preparing the Quarterly Accountings prepared by such party.

Quarterly Accountings. Within thirty (30) days after the end of each calendar quarter that this Agreement is in effect (or more frequently as mutually agreed by the parties), the Company shall submit to the Administrator a written statement of accounting in a form and containing such information to be agreed upon by the parties hereto (each, an “Insolvency Fund Quarterly Accounting”) setting forth the Insolvency Fund amounts assessed or payable to the extent that such assessments constitute Reinsured Risks with respect to the Novated Policies Reinsured Contracts (collectively, the “Post-Effective Date Assessments”). Within thirty (30) days after the last day of each calendar quarter that this Agreement is in effect (or more frequently as mutually agreed by the parties), the Administrator shall submit to the Company a written statement of accounting in a form and containing such information to be agreed upon by the parties hereto (each, a “Quarterly Premium Tax Accounting”, and together with the Insolvency Fund Quarterly Accountings, the “Quarterly Accountings”) setting forth the estimated premium taxes due with respect to the Novated Policies Reinsured Contracts as a result of premiums collected during such quarter. Concurrent with the delivery of each Quarterly Premium Tax Accounting, the Administrator shall remit to the Company the amount set forth on such Quarterly Premium Tax Accounting with respect to such estimated premium taxes due and the amount set forth in such Insolvency Fund Quarterly Accounting with respect to the Post-Effective Date Assessments, and any other amounts owed to the Company pursuant to this Agreement; provided, however, that any Post-Effective Date Assessments set forth in an Insolvency Fund Quarterly Accounting received by the Administrator less than five (5) Business Days prior to the Administrator’s delivery of such Quarterly Premium Tax Accounting will be paid within ten (10) Business Days of receipt by the Administrator of such Insolvency Fund Quarterly Accounting. Each of the parties agrees to supply to the other a copy of all supporting data used in preparing the Quarterly Accountings prepared by such party.

Quarterly Accountings. Within thirty Subject to Section 1.3, from and after the Effective Date, within twenty (3020) days Business Days after the end of each calendar quarter that this Agreement is in effect (or more frequently as mutually agreed by the parties), the Company shall submit to the Administrator a written statement of accounting in a form and containing such information to be agreed upon by the parties hereto (each, an “Insolvency Fund Quarterly Accounting”) setting forth the Insolvency Fund insolvency fund amounts assessed against or payable by the Company, to the extent that such assessments constitute Reinsured Risks with respect to the Novated Policies Company’s General Account Liabilities (collectively, the “Post-Effective Date Assessments”). Within thirty In addition, within twenty (3020) days Business Days after the last day of each calendar quarter that this Agreement is in effect (or more frequently as mutually agreed by the parties), the Administrator shall submit to the Company a written statement of accounting in a form and containing such information to be agreed upon by the parties hereto (each, a “Quarterly Premium Tax Accounting”, and together with the Insolvency Fund Quarterly Accountings, the “Quarterly Accountings”) setting forth the estimated premium taxes due with respect to the Novated Policies Lincoln VA Contracts as a result of premiums collected or annuitizations occurring during such quarter. Concurrent with the delivery of each Quarterly Premium Tax Accounting, the Administrator shall remit to the Company the amount set forth on such Quarterly Premium Tax Accounting with respect to such estimated premium taxes due and the amount set forth in such Insolvency Fund Quarterly Accounting with respect to the Post-Effective Date Assessments, and any other amounts owed to the Company pursuant to this Agreement; provided, however, that any Post-Effective Date Assessments set forth in an Insolvency Fund Quarterly Accounting received by the Administrator less than five (5) Business Days prior to the Administrator’s delivery of such Quarterly Premium Tax Accounting will be paid within ten (10) Business Days of receipt by the Administrator of such Insolvency Fund Quarterly Accounting. Each of the parties agrees to supply to the other a copy of all supporting data used in preparing the Quarterly Accountings prepared by such party.

Quarterly Accountings. (a) Within thirty (30) 20 days after the end of each calendar quarter that this Agreement is in effect (which Insolvency Fund assessments are assessed or more frequently as mutually agreed payable by the parties)Company, the Company shall submit to the Administrator a written statement of accounting in a form and containing such information to be agreed upon by the parties hereto Parties (each, an “Insolvency Fund Quarterly Assessment Accounting”) setting forth the Insolvency Fund amounts assessed against or payable by the Company, to the extent that such assessments constitute arise on account of Premiums under the Reinsured Risks Policies. Within five (5) Business Days of receipt of each Insolvency Fund Assessment Accounting, the Administrator shall remit to the Company the amount set forth on such Insolvency Fund Assessment Accounting with respect to the Novated Policies Insolvency Fund amounts. (collectively, the “Post-Effective Date Assessments”). b) Within thirty (30) 20 days after the last day of each calendar quarter that this Agreement in which there is in effect (or more frequently as mutually agreed by premium tax activity arising from the parties)Reinsured Policies, the Administrator shall submit to the Company a written statement of accounting in a form and containing such information to be agreed upon by the parties hereto Parties (each, a “Quarterly Premium Tax Accounting”, and together with the Insolvency Fund Quarterly Accountings, the “Quarterly Accountings”) setting forth the estimated premium taxes due with respect to on account of Premiums under the Novated Reinsured Policies as a result of premiums paid on or after the Effective Date and collected during such quarter. Concurrent with the delivery of each Quarterly Premium Tax Accounting, the Administrator shall remit to the Company the amount set forth on such Quarterly Premium Tax Accounting with respect to such estimated premium taxes due due. (c) Within 20 days after the last day of each quarter, the Company shall submit to the Administrator a written statement of accounting in a form agreed upon by the Parties (each, an “Expenses Accounting” and together with the Insolvency Fund Assessment Accountings and the Premium Tax Accounting, the “Quarterly Accountings”) including any and all out-of-pocket costs and expenses (other than the Insolvency Fund amounts) incurred or accrued directly or indirectly to third parties or Affiliates by the Company in respect of the Subject Contracts. Within five (5) Business Days of receipt of each Expenses Accounting, the Administrator shall remit to the Company the amount set forth in on such Insolvency Fund Quarterly Expenses Accounting with respect to the Post-Effective Date Assessmentssuch costs and expenses due, and as well as any other amounts owed to the Company pursuant to this Agreement; provided, however, that any Post-Effective Date Assessments set forth in an Insolvency Fund Quarterly Accounting received by the Administrator less than five (5) Business Days prior to the Administrator’s delivery of such Quarterly Premium Tax Accounting will be paid within ten (10) Business Days of receipt by the Administrator of such Insolvency Fund Quarterly Accounting. Each of the parties agrees to supply to the other a copy of all supporting data used in preparing the Quarterly Accountings prepared by such party.

Quarterly Accountings. Within thirty (30a) days From and after the Effective Date, within ten (10) Business Days after the end of each calendar quarter that this Agreement is in effect (or more frequently as mutually agreed by the parties), the Company shall submit to the Administrator a written statement of accounting in a form and containing such information to be agreed upon by the parties hereto (each, an “Insolvency Fund Quarterly Accounting”) setting forth the Insolvency Fund amounts assessed any guaranty fund and involuntary mechanism assessments and similar charges against or payable by Company, to the extent that such assessments constitute Reinsured Risks with respect to the Novated Policies Insurance Liabilities (collectively, the “Post-Effective Date Assessments”). If Administrator objects to the amount of an Insolvency Fund Quarterly Accounting, it shall have thirty (30) days following its receipt of such Insolvency Funding Quarterly Accounting to notify Company of its objection, unless Company’s time frame for contesting such assessments or charges terminates earlier than the end of such thirty (30) day period, in which case, Administrator shall give notice of its objection no later than five (5) Business Days prior to the last day of such contest period. In the event of such an objection, Administrator and Company shall work in good faith to reach agreement on the amount of the Insolvency Fund Quarterly Accounting as soon as practicable. Within twenty (20) days of reaching such agreement, Administrator shall remit to Company the agreed upon amount of the Insolvency Fund Quarterly Accounting with respect to the Post-Effective Date Assessments. Company agrees to supply Administrator a copy of all supporting data used in preparing the Insolvency Fund Quarterly Accountings. (b) In addition, within thirty (30) days after the last day of each calendar quarter that this Agreement is in effect (or more frequently as mutually agreed by the parties), the Administrator shall submit to the Company a written statement of accounting in a form and containing such information to be agreed upon by the parties hereto (each, a “Quarterly Premium Tax Accounting”, and together with the Insolvency Fund Quarterly Accountings, the “Quarterly Accountings”) setting forth the estimated premium taxes due with respect and arising on account of all collected premiums under the Insurance Contracts attributable to the Novated Policies as a result of premiums collected during such quarter. Concurrent with the delivery of each Quarterly Premium Tax Accounting, the Administrator shall remit to the Company the amount set forth on such Quarterly Premium Tax Accounting with respect to such estimated premium taxes due and the amount set forth in such Insolvency Fund Quarterly Accounting with respect taxes, to the Post-Effective Date Assessments, and any other amounts owed to the Company pursuant to this Agreement; provided, however, that any Post-Effective Date Assessments set forth in an Insolvency Fund Quarterly Accounting received by the extent such premium taxes constitute Insurance Liabilities. Administrator less than five (5) Business Days prior to the Administrator’s delivery of such Quarterly Premium Tax Accounting will be paid within ten (10) Business Days of receipt by the Administrator of such Insolvency Fund Quarterly Accounting. Each of the parties agrees to supply to the other Company a copy of all supporting data used in preparing the Quarterly Accountings prepared by such partyPremium Tax Accountings.

Quarterly Accountings. (a) Within thirty (30) 20 days after the end of each calendar quarter that this Agreement is in effect (which Insolvency Vehicle assessments are assessed or more frequently as mutually agreed payable by the parties)Company, the Company shall submit to the Administrator a written statement of accounting in a form and containing such information to be agreed upon by the parties hereto Parties (each, an “Insolvency Fund Quarterly Vehicle Assessment Accounting”) setting forth the Insolvency Fund Vehicle amounts assessed against or payable by the Company, to the extent that such assessments constitute arise on account of Premiums under the Reinsured Risks Policies. Within five (5) Business Days of receipt of each Insolvency Vehicle Assessment Accounting, the Administrator shall remit to the Company the amount set forth on such Insolvency Vehicle Assessment Accounting with respect to the Novated Policies Insolvency Vehicle amounts. (collectively, the “Post-Effective Date Assessments”). b) Within thirty (30) 20 days after the last day of each calendar quarter that this Agreement in which there is in effect (or more frequently as mutually agreed by premium tax activity arising from the parties)Reinsured Policies, the Administrator shall submit to the Company a written statement of accounting in a form and containing such information to be agreed upon by the parties hereto Parties (each, a “Quarterly Premium Tax Accounting”, and together with the Insolvency Fund Quarterly Accountings, the “Quarterly Accountings”) setting forth the estimated premium taxes due with respect to on account of Premiums under the Novated Reinsured Policies as a result of premiums paid on or after the Effective Date and collected during such quarter. Concurrent with the delivery of each Quarterly Premium Tax Accounting, the Administrator shall remit to the Company the amount set forth on such Quarterly Premium Tax Accounting with respect to such estimated premium taxes due due. (c) Within 20 days after the last day of each quarter, the Company shall submit to the Administrator a written statement of accounting in a form agreed upon by the Parties (each, an “Expenses Accounting” and together with the Insolvency Vehicle Assessment Accountings and the Premium Tax Accounting, the “Quarterly Accountings”) including any and all out-of-pocket costs and expenses (other than the Insolvency Vehicle amounts) incurred or accrued directly or indirectly to third parties or Affiliates by the Company in respect of the Subject Contracts. Within five (5) Business Days of receipt of each Expenses Accounting, the Administrator shall remit to the Company the amount set forth in on such Insolvency Fund Quarterly Expenses Accounting with respect to the Post-Effective Date Assessmentssuch costs and expenses due, and as well as any other amounts owed to the Company pursuant to this Agreement; provided, however, that any Post-Effective Date Assessments set forth in an Insolvency Fund Quarterly Accounting received by the Administrator less than five (5) Business Days prior to the Administrator’s delivery of such Quarterly Premium Tax Accounting will be paid within ten (10) Business Days of receipt by the Administrator of such Insolvency Fund Quarterly Accounting. Each of the parties agrees to supply to the other a copy of all supporting data used in preparing the Quarterly Accountings prepared by such party.

Quarterly Accountings. Within thirty (30) days after the end of each calendar quarter that this Agreement is in effect (or more frequently as mutually agreed by the parties), the Company shall submit to the Administrator a written statement of accounting in a form and containing such information to be agreed upon by the parties hereto (each, an “"Insolvency Fund Quarterly Accounting”") setting forth the Insolvency Fund amounts assessed or payable to the extent that such assessments constitute Reinsured Risks reinsured risks with respect to the Novated Policies (collectively, the “"Post-Effective Date Assessments”"). Within thirty (30) days after the last day of each calendar quarter that this Agreement is in effect (or more frequently as mutually agreed by the parties), the Administrator shall submit to the Company a written statement of accounting in a form and containing such information to be agreed upon by the parties hereto (each, a “"Quarterly Premium Tax Accounting”", and together with the Insolvency Fund Quarterly Accountings, the “"Quarterly Accountings”") setting forth the estimated premium taxes due with respect to the Novated Policies as a result of premiums collected during such quarter. Concurrent with the delivery of each Quarterly Premium Tax Accounting, the Administrator shall remit to the Company the amount set forth on such Quarterly Premium Tax Accounting with respect to such estimated premium taxes due and the amount set forth in such Insolvency Fund Quarterly Accounting with respect to the Post-Effective Date Assessments, and any other amounts owed to the Company pursuant to this Agreement; providedPROVIDED, howeverHOWEVER, that any Post-Effective Date Assessments set forth in an Insolvency Fund Quarterly Accounting received by the Administrator less than five (5) Business Days prior to the Administrator’s 's delivery of such Quarterly Premium Tax Accounting will be paid within ten fifteen (1015) Business Days of receipt by the Administrator of such Insolvency Fund Quarterly Accounting. Each of the parties agrees to supply to the other a copy of all supporting data used in preparing the Quarterly Accountings prepared by such party.

Quarterly Accountings. Within thirty (30) days after the end of each calendar quarter that this Agreement is in effect ending after the Closing Date (or more frequently as mutually agreed by the parties), the Company shall submit to the Administrator Reinsurer a written statement of accounting in a form and containing such information to be agreed upon by the parties hereto (each, an “Insolvency Fund Quarterly Accounting”) setting forth the Insolvency Fund amounts assessed or payable to the extent that such assessments constitute Reinsured Risks with respect to the Novated Policies (collectively, the “Post-Effective Date Assessments”). Within thirty (30) days after the last day of each calendar quarter that this Agreement is in effect ending after the Closing Date (or more frequently as mutually agreed by the parties), the Administrator Reinsurer shall submit to the Company a written statement of accounting in a form and containing such information to be agreed upon by the parties hereto (each, a “Quarterly Premium Tax Accounting”, and together with the Insolvency Fund Quarterly Accountings, the “Quarterly Accountings”) setting forth the estimated premium taxes due with respect to the Novated Reinsured Policies as a result of premiums collected during such quarter. Concurrent with the delivery of each Quarterly Premium Tax Accounting, the Administrator Reinsurer shall remit to the Company the amount set forth on such Quarterly Premium Tax Accounting with respect to such estimated premium taxes due and the amount set forth in such Insolvency Fund Quarterly Accounting with respect to the Post-Effective Date Assessments, and any other amounts owed to the Company pursuant to this Agreement; provided, however, that any Post-Effective Date Assessments set forth in an Insolvency Fund Quarterly Accounting received by the Administrator Reinsurer less than five (5) Business Days prior to the AdministratorReinsurer’s delivery of such Quarterly Premium Tax Accounting will be paid within ten (10) Business Days of receipt by the Administrator Reinsurer of such Insolvency Fund Quarterly Accounting. Each of the parties agrees to supply to the other a copy of all supporting data used in preparing the Quarterly Accountings prepared by such party. For the avoidance of doubt, the first Insolvency Fund Quarterly Accounting and Quarterly Premium Tax Accounting shall cover the period from the Inception Date through June 30, 2004.

Quarterly Accountings. Within thirty (30) days after the end of each calendar quarter that this Agreement is in effect (or more frequently as mutually agreed by the parties), the Company shall submit to the Administrator a written statement of accounting in a form and containing such information to be agreed upon by the parties hereto (each, an “Insolvency Fund Quarterly Accounting”) setting forth the Insolvency Fund amounts assessed or payable to the extent that such assessments constitute Reinsured Risks with respect to the Novated Policies Reinsured Contracts (collectively, the “Post-Effective Date Assessments”). Within thirty (30) days after the last day of each calendar quarter that this Agreement is in effect (or more frequently as mutually agreed by the parties), the Administrator shall submit to the Company a written statement of accounting in a form and containing such information to be agreed upon by the parties hereto (each, a “Quarterly Premium Tax Accounting”, and together with the Insolvency Fund Quarterly Accountings, the “Quarterly Accountings”) setting forth the estimated premium taxes due with respect to the Novated Policies Reinsured Contracts as a result of premiums collected during such quarter. Concurrent with the delivery of each Quarterly Premium Tax Accounting, the Administrator shall remit to the Company the amount set forth on such Quarterly Premium Tax Accounting with respect to such estimated premium taxes due and the amount set forth in such Insolvency Fund Quarterly Accounting with respect to the Post-Effective Date Assessments, and any other amounts owed to the Company pursuant to this Agreement; provided, however, that any Post-Effective Date Assessments set forth in an Insolvency Fund Quarterly Accounting received by the Administrator less than five (5) Business Days prior to the Administrator’s delivery of such Quarterly Premium Tax Accounting will be paid within ten (10) Business Days of receipt by the Administrator of such Insolvency Fund Quarterly Accounting. Each of the parties agrees to supply to the other a copy of all supporting data used in preparing the Quarterly Accountings prepared by such party.Fund