Common use of RATES NOT GUARANTEED Clause in Contracts

RATES NOT GUARANTEED. The reinsurance premium rates are not guaranteed. THE REINSURER reserves the right to change the rates at any time. If THE REINSURER changes the rates, it will give THE COMPANY a 90-day prior written notice of the change. Any change applies only to reinsurance premiums due after the expiration of the notice period.

Appears in 4 contracts

Samples: Reinsurance Agreement (Pruco Life Variable Universal Account), Reinsurance Agreement (Pruco Life of New Jersey Variable Appreciable Account), Reinsurance Agreement (Pruco Life of New Jersey Variable Appreciable Account)

AutoNDA by SimpleDocs

RATES NOT GUARANTEED. The reinsurance premium rates are not guaranteed. THE REINSURER reserves the right to change the rates at any time. If THE REINSURER changes the rates, it will give THE COMPANY a 90-day prior written notice of the change. Any change applies only to reinsurance premiums due after the expiration of the notice period. THE REINSURER further agrees that THE COMPANY’s right of recapture under Section 17 of this Agreement will be triggered if THE COMPANY deems a rate change unacceptable.

Appears in 3 contracts

Samples: Automatic Yearly Renewable Term Reinsurance Agreement (Pruco Life Variable Appreciable Account), Automatic Yearly Renewable Term Reinsurance Agreement (Pruco Life Variable Universal Account), Automatic Yearly Renewable Term Reinsurance Agreement (Pruco Life Variable Universal Account)

RATES NOT GUARANTEED. The reinsurance premium rates are not guaranteed. THE REINSURER reserves the right to change the rates at any time. If THE REINSURER changes the rates, it will give THE COMPANY a 90-day prior written notice of the change. Any change applies only to reinsurance premiums due after the expiration of the notice period. THE REINSURER further agrees that THE COMPANY’s right of recapture under the ‘RECAPTURE’ section of this Agreement will be triggered if THE COMPANY deems a rate change unacceptable.

Appears in 2 contracts

Samples: Automatic Yearly Renewable Term Reinsurance Agreement (Pruco Life Variable Appreciable Account), Automatic Yearly Renewable Term Reinsurance Agreement (Pruco Life Variable Appreciable Account)

RATES NOT GUARANTEED. The reinsurance premium rates are not guaranteed. THE The REINSURER reserves the right to change the rates at any time. If THE REINSURER changes the rates, it will give THE COMPANY a 90-day time upon 180 days prior written notice of the changenotice. Any such change applies only to reinsurance premiums due Reinsured Policies effective on or after the expiration of the notice period.

Appears in 1 contract

Samples: Reinsurance Agreement (Bma Variable Life Account A)

AutoNDA by SimpleDocs

RATES NOT GUARANTEED. The reinsurance premium rates are not guaranteed. THE The REINSURER reserves the right to change the rates at any time. If THE the REINSURER changes the rates, it will give THE the CEDING COMPANY a 90-day 90 days prior written notice of the change. Any change applies only to reinsurance premiums due after the expiration of the notice period.

Appears in 1 contract

Samples: Reinsurance Agreement (Llac Variable Account)

RATES NOT GUARANTEED. The reinsurance premium rates are not guaranteed. THE REINSURER reserves the right to change the rates at any time. If THE REINSURER changes the rates, it will give THE COMPANY a 90-day prior written notice of the change. Any change applies only to reinsurance premiums due after the expiration of the notice period. THE REINSURER further agrees that THE COMPANY's right of recapture under Section 17 of this Agreement will be triggered if THE COMPANY deems a rate change unacceptable.

Appears in 1 contract

Samples: Reinsurance Agreement (Pruco Life Variable Universal Account)

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