Common use of Quarterly Settlements Clause in Contracts

Quarterly Settlements. A. Within twenty-five (25) days after the end of each Accounting Period, the Ceding Company will pay the Reinsurer the sum of: (i) Reinsurance Premiums, determined in accordance with Article II, plus (ii) any Modified Coinsurance Reserve Adjustment payable to the Reinsurer, determined in accordance with Article V, Paragraph 1, plus (iii) any Adjustment for Transfers Involving the Fixed Account payable to the Reinsurer, determined in accordance with Article VI, plus (iv)any Adjustments for Annuity Benefits payable to the Reinsurer, determined in accordance with Article IV, paragraph 6. B. Simultaneously, the Reinsurer will pay the Ceding Company the sum of: (i) the amount of Benefit Payments, as described in Article IV, plus (ii) the Allowance for Commissions and Expenses, determined in accordance with Article III, plus (iii) any Modified Coinsurance Reserve Adjustment payable to the Ceding Company, determined in accordance with Article V, Paragraph 1, plus (iv) any Adjustment for Transfers Involving the Fixed Account payable to the Ceding Company, determined in accordance with Article VI.

Quarterly Settlements. A. Within twenty-five thirty (2530) days after the end of each Accounting Period, the Ceding Company will pay the Reinsurer the sum of: (i) Reinsurance Premiums, determined in accordance with Article II, plus (ii) any Modified Coinsurance Reserve Adjustment payable to the Reinsurer, determined in accordance with Article V, Paragraph 1, plus plus (iii) any Adjustment for Transfers Involving the Fixed Account and Excess Lapses payable to the Reinsurer, determined in accordance with Article VI, plus . plus (iv)any iv) any Adjustments for Annuity Benefits payable to the Reinsurer, determined in accordance with Article IV, paragraph 65. B. Simultaneously, the Reinsurer will pay the Ceding Company the sum of: (i) the amount of Benefit Payments, as described in Article IV, . plus (ii) the Allowance for Commissions and Expenses, determined in accordance with Article III, plus (iii) any Modified Coinsurance Reserve Adjustment payable to the Ceding Company, determined in accordance with Article V, Paragraph 1, plus (iv) any Adjustment for Transfers Involving the Fixed Account payable to the Ceding Company, determined in accordance with Article VI.

Quarterly Settlements. A. Within twenty-five thirty (2530) days after the end of each Accounting Period, the Ceding Company will pay the Reinsurer the sum of: (i) Reinsurance Premiums, determined in accordance with Article II, plus (ii) any Modified Coinsurance Reserve Adjustment payable to the Reinsurer, determined in accordance with Article V, Paragraph 1, plus . plus (iii) any Adjustment for Transfers Involving the Fixed Account and Excess Lapses payable to the Reinsurer, determined in accordance with Article VI, plus . plus (iv)any iv) any Adjustments for Annuity Benefits payable to the Reinsurer, determined in accordance with Article IV, paragraph 65. B. Simultaneously, the Reinsurer will pay the Ceding Company the sum of: (i) the amount of Benefit Payments, as described in Article IV, plus (ii) the Allowance for Commissions and Expenses, determined in accordance with Article III, . plus (iii) any Modified Coinsurance Reserve Adjustment payable to the Ceding Company, determined in accordance with Article V, Paragraph 1, . plus (iv) any Adjustment for Transfers Involving the Fixed Account payable to the Ceding Company, determined in accordance with Article VI.

Quarterly Settlements. A. Within twenty-five (25) days after the end of each Accounting Period, the Ceding Company will pay the Reinsurer the sum of: (i) Reinsurance Premiums, determined in accordance with Article II, plus (ii) any Modified Coinsurance Reserve Adjustment payable to the Reinsurer, determined in accordance with Article V, Paragraph 1I, plus plus (iii) any Adjustment for Transfers Involving the Fixed Account payable to the Reinsurer, determined in accordance with Article VI, plus plus (iv)any iv) any Adjustments for Annuity Benefits payable to the Reinsurer, determined in accordance with Article IV, paragraph 6. B. Simultaneously, the Reinsurer will pay the Ceding Company the sum of: (i) the amount of Benefit Payments, as described in Article IV, plus (ii) the Allowance for Commissions and Expenses, determined in accordance with Article III, plus (iii) any Modified Coinsurance Reserve Adjustment payable to the Ceding Company, determined in accordance with Article V, Paragraph 1I, plus (iv) any Adjustment for Transfers Involving the Fixed Account payable to the Ceding Company, determined in accordance with Article VI.

Quarterly Settlements. A. Within twenty-five (25) days after the end of each Accounting Period, the Ceding Company will pay the Reinsurer the sum of: (i) Reinsurance Premiums, determined in accordance with Article II, plus (ii) any Modified Coinsurance Reserve Adjustment payable to the Reinsurer, determined in accordance with Article V, Paragraph 12, plus plus (iii) any Adjustment for Transfers Involving the Fixed Account payable to the Reinsurer, determined in accordance with Article VI, plus plus (iv)any iv) any Adjustments for Annuity Benefits payable to the Reinsurer, determined in accordance with Article IV, paragraph 6. B. Simultaneously, the Reinsurer will pay the Ceding Company the sum of: (i) the amount of Benefit Payments, as described in Article IV, plus (ii) the Allowance for Commissions and Expenses, determined in accordance with Article III, plus (iii) any Modified Coinsurance Reserve Adjustment payable to the Ceding Company, determined in accordance with Article V, Paragraph 12, plus (iv) any Adjustment Adjustments for Transfers Involving the Fixed Account payable to the Ceding Company, determined in accordance with Article VI.

Quarterly Settlements. A. Within twenty-five fifteen (2515) days after the end of each Accounting Period, the Ceding Company will pay the Reinsurer the sum of: (i) Reinsurance Premiums, Premiums determined in accordance with Article II, Paragraph 1, plus (ii) any Modified Coinsurance Reserve Adjustment payable to the Reinsurer, determined in accordance with Article V, Paragraph 1, plus ; plus (iii) any Adjustment for Transfers Involving the Fixed Account payable to the Reinsurer, Third Party Expense Reimbursements determined in accordance with Article VIII, plus (iv)any Adjustments for Annuity Benefits payable to the Reinsurer, determined in accordance with Article IV, paragraph 6Paragraph 3. B. Simultaneously, the Reinsurer will pay the Ceding Company the sum of: (i) the amount of Benefit Payments, as described in Article IV, plus (ii) Ceded Reinsurance Premiums determined in accordance with Article II, Paragraph 2, plus (iii) the Commission and Expense Allowance for Commissions and Expenses, determined in accordance with Article III, plus (iiiiv) any Modified Coinsurance Reserve Adjustment payable to the Ceding Company, determined in accordance with Article V, Paragraph 1l, plus (ivv) any Adjustment for Transfers Involving the Fixed Account payable to the Ceding Company, Dividends determined in accordance with Article VI, plus (vi) any Experience Refund determined in accordance with Article VII.