{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "number-of-years", "type": "definition", "offset": [12, 27]}], "samples": [{"hash": "63YWxrXxCxn", "uri": "/contracts/63YWxrXxCxn#recapture-period", "label": "Yearly Renewable Term Reinsurance Agreement (National Variable Life Insurance Account)", "score": 19.0, "published": true}, {"hash": "kxVKgMKNs95", "uri": "/contracts/kxVKgMKNs95#recapture-period", "label": "Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii)", "score": 18.0, "published": true}, {"hash": "kKUrZfDOo9a", "uri": "/contracts/kKUrZfDOo9a#recapture-period", "label": "Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii)", "score": 18.0, "published": true}], "size": 9, "snippet": "The minimum number of years for a cession to be reinsured before it is eligible for recapture is 10 years.", "hash": "a70532efcc490c5c68ac8bbae32870f2", "id": 1}, {"snippet_links": [{"key": "number-of-years", "type": "definition", "offset": [12, 27]}, {"key": "schedule-b", "type": "definition", "offset": [138, 148]}, {"key": "renewable-term", "type": "definition", "offset": [179, 193]}, {"key": "life-insurance", "type": "definition", "offset": [203, 217]}, {"key": "base-policy", "type": "definition", "offset": [230, 241]}, {"key": "other-insured-rider", "type": "definition", "offset": [250, 269]}, {"key": "the-standard", "type": "clause", "offset": [271, 283]}, {"key": "reinsurance-premium-rates", "type": "definition", "offset": [291, 316]}, {"key": "the-net", "type": "clause", "offset": [358, 365]}, {"key": "cost-of-insurance", "type": "definition", "offset": [384, 401]}, {"key": "increased-by", "type": "clause", "offset": [1076, 1088]}, {"key": "flat-extra-reinsurance-premiums", "type": "clause", "offset": [1116, 1147]}, {"key": "the-insured", "type": "clause", "offset": [1203, 1214]}, {"key": "flat-extra-premiums", "type": "clause", "offset": [1295, 1314]}, {"key": "first-year", "type": "definition", "offset": [1417, 1427]}], "samples": [{"hash": "kn1Vlq1Zx0o", "uri": "/contracts/kn1Vlq1Zx0o#recapture-period", "label": "Reinsurance Agreement (Ids Life Variable Life Separate Account)", "score": 18.0, "published": true}], "size": 6, "snippet": "The minimum number of years for a cession to be reinsured before it is eligible for recapture is 10 years. ING VUL3 (4/29/99) A3 06/25/99 SCHEDULE B REINSURANCE PREMIUMS - YEARLY RENEWABLE TERM BASIS\n1. LIFE INSURANCE:\na. For the base policy and the Other Insured Rider, the standard annual reinsurance premium rates per $1000 of Reinsurance Risk Amount are the net of the ALB Annual Cost of Insurance (COI) rates attached to this Schedule B and the following allowances: ------------------------------------------------------------------ Years Preferred Std Non-Tobacco Tobacco ------------------------------------------------------------------ 1 [percentage] [percentage] [percentage] ------------------------------------------------------------------ 2-10 [percentage] [percentage] [percentage] ------------------------------------------------------------------ l1+ [percentage] [percentage] [percentage] ------------------------------------------------------------------\nb. Where a substandard table rating is applied, the standard annual reinsurance premium rate will be increased by [percentage] per table.\nc. Flat Extra reinsurance premiums are the following percentages of such premiums charged the insured: -------------------------------------------------------------------- Permanent flat extra premiums (for more than 5 years duration) -------------------------------------------------------------------- First Year [percentage] -------------------------------------------------------------------- Renewal Years [percentage] -------------------------------------------------------------------- -------------------------------------------------------------------- Temporary flat extra premiums (for 5 years or less duration) -------------------------------------------------------------------- All Years [percentage] --------------------------------------------------------------------\nd. There will be no reinsurance premium charged for the Automatic Increasing Benefit Rider.", "hash": "8b927590493ce91a1a5122bb66bd28d2", "id": 2}, {"snippet_links": [{"key": "number-of-years", "type": "definition", "offset": [12, 27]}, {"key": "a-policy", "type": "clause", "offset": [32, 40]}, {"key": "reinsurance-premiums", "type": "clause", "offset": [224, 244]}, {"key": "standard-rates", "type": "clause", "offset": [289, 303]}], "samples": [{"hash": "kxVKgMKNs95", "uri": "/contracts/kxVKgMKNs95#recapture-period", "label": "Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii)", "score": 18.0, "published": true}, {"hash": "kKUrZfDOo9a", "uri": "/contracts/kKUrZfDOo9a#recapture-period", "label": "Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii)", "score": 18.0, "published": true}, {"hash": "k4it9WODwlg", "uri": "/contracts/k4it9WODwlg#recapture-period", "label": "Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii)", "score": 18.0, "published": true}], "size": 4, "snippet": "The minimum number of years for a policy to be reinsured before it is eligible for recapture is 10 years. Smoker Year Smoker ----- --------------------- 1 0% 2- 10 158% + $.10 per $1000 11+ 113% + $.10 per $1000 Substandard reinsurance premiums shall be at the appropriate multiple of the standard rates.", "hash": "2e3a1a6315f9da3c649aa1bf19ee0563", "id": 3}, {"snippet_links": [{"key": "the-parties-agree", "type": "clause", "offset": [0, 17]}, {"key": "period-of-the-project", "type": "clause", "offset": [32, 53]}, {"key": "commencing-on-the", "type": "clause", "offset": [73, 90]}, {"key": "the-secretary", "type": "clause", "offset": [96, 109]}, {"key": "acceptance-of-the-project", "type": "clause", "offset": [143, 168]}], "samples": [{"hash": "5KzhXoL2gWc", "uri": "/contracts/5KzhXoL2gWc#recapture-period", "label": "Cost Share Agreement", "score": 34.5908884558, "published": true}, {"hash": "iya56GNNKrV", "uri": "/contracts/iya56GNNKrV#recapture-period", "label": "Cost Share Agreement", "score": 32.631074848, "published": true}, {"hash": "1rFKcfijcrV", "uri": "/contracts/1rFKcfijcrV#recapture-period", "label": "Economic Development Agreement", "score": 32.1876213001, "published": true}], "size": 4, "snippet": "The Parties agree the recapture period of the Project is ten (10) years, commencing on the date the Secretary or the LPA gives notice of final acceptance of the Project.", "hash": "29dec3d49223005e64e15bbcff3e1eaf", "id": 4}, {"snippet_links": [{"key": "after-15-years", "type": "clause", "offset": [26, 40]}, {"key": "effective-date-of-this-agreement", "type": "definition", "offset": [75, 107]}], "samples": [{"hash": "d8vjpH5xaSE", "uri": "/contracts/d8vjpH5xaSE#recapture-period", "label": "Pool Reinsurance Agreement (PHL Variable Accumulation Account)", "score": 30.3264887064, "published": true}, {"hash": "ajyosTMRRB7", "uri": "/contracts/ajyosTMRRB7#recapture-period", "label": "Pool Reinsurance Agreement (Nassau Life Variable Universal Life Account)", "score": 30.3264887064, "published": true}, {"hash": "9azyNSXaAvS", "uri": "/contracts/9azyNSXaAvS#recapture-period", "label": "Pool Reinsurance Agreement (Nassau Life Variable Accumulation Account)", "score": 30.3264887064, "published": true}], "size": 3, "snippet": "Recapture will be allowed after 15 years. This period will be based on the effective date of this Agreement.", "hash": "f1841820ac08b1a7dedd7879b844d6bc", "id": 5}, {"snippet_links": [{"key": "ten-years", "type": "clause", "offset": [32, 41]}], "samples": [{"hash": "gStouD3AGB", "uri": "/contracts/gStouD3AGB#recapture-period", "label": "Pool Reinsurance Agreement (Nassau Life Variable Accumulation Account)", "score": 30.3264887064, "published": true}, {"hash": "c8KT9W8omhO", "uri": "/contracts/c8KT9W8omhO#recapture-period", "label": "Pool Reinsurance Agreement (Nassau Life Variable Universal Life Account)", "score": 30.3264887064, "published": true}, {"hash": "1TIS2ECVhrT", "uri": "/contracts/1TIS2ECVhrT#recapture-period", "label": "Pool Reinsurance Agreement (PHL Variable Accumulation Account)", "score": 30.3264887064, "published": true}], "size": 3, "snippet": "Recapture will be allowed after ten years.", "hash": "5757c07fb6c8898be1a3c781228e3c2e", "id": 6}, {"snippet_links": [{"key": "number-of-years", "type": "definition", "offset": [0, 15]}], "samples": [{"hash": "kY9uEmdMYmk", "uri": "/contracts/kY9uEmdMYmk#recapture-period", "label": "Automatic Yrt Reinsurance Agreement (Tiaa-Cref Life Separate Account Vli-1)", "score": 21.0, "published": true}, {"hash": "aqceeSd9DQk", "uri": "/contracts/aqceeSd9DQk#recapture-period", "label": "Automatic Yrt Reinsurance Agreement (Tiaa-Cref Life Separate Account Vli-1)", "score": 19.0, "published": true}], "size": 3, "snippet": "Number of years: 10 years", "hash": "8eb01e72a905b8c3bc13994fc4e11c8f", "id": 7}, {"snippet_links": [{"key": "ten-years", "type": "clause", "offset": [32, 41]}, {"key": "right-to-recapture", "type": "clause", "offset": [58, 76]}, {"key": "in-force", "type": "definition", "offset": [90, 98]}, {"key": "this-agreement", "type": "clause", "offset": [105, 119]}], "samples": [{"hash": "aJfmwJHJVbs", "uri": "/contracts/aJfmwJHJVbs#recapture-period", "label": "Novation Agreement (Nassau Life Variable Universal Life Account)", "score": 30.3264887064, "published": true}, {"hash": "3qjZI6OXytD", "uri": "/contracts/3qjZI6OXytD#recapture-period", "label": "Automatic Reinsurance Agreement (Nassau Life Variable Universal Life Account)", "score": 30.3264887064, "published": true}], "size": 2, "snippet": "Recapture will be allowed after ten years. We reserve the right to recapture all business in force under this Agreement after such business has been in force for ten years.", "hash": "ce4a3f6b73f5483e00634562c3698e4b", "id": 8}, {"snippet_links": [{"key": "in-the-case", "type": "clause", "offset": [0, 11]}, {"key": "first-triggering-event", "type": "definition", "offset": [19, 41]}, {"key": "subject-to", "type": "definition", "offset": [56, 66]}, {"key": "eligible-compensation", "type": "clause", "offset": [99, 120]}, {"key": "to-the-executive", "type": "clause", "offset": [145, 161]}, {"key": "two-years", "type": "clause", "offset": [172, 181]}, {"key": "prior-to-the", "type": "clause", "offset": [182, 194]}], "samples": [{"hash": "1LbvwgPRiiE", "uri": "/contracts/1LbvwgPRiiE#recapture-period", "label": "Employment Agreement (Federal Home Loan Mortgage Corp)", "score": 19.0, "published": true}, {"hash": "fIbJuD2YKxA", "uri": "/contracts/fIbJuD2YKxA#recapture-period", "label": "Recapture Agreement (Federal Home Loan Mortgage Corp)", "score": 17.0, "published": true}], "size": 2, "snippet": "In the case of the first Triggering Event, compensation subject to recapture may include Recapture Eligible Compensation (as defined below) paid to the Executive for up to two years prior to the Triggering Event.", "hash": "51dfe1dad4b00a4a393e19ddb5e87549", "id": 9}, {"snippet_links": [{"key": "number-of-years", "type": "definition", "offset": [99, 114]}, {"key": "as-specified", "type": "clause", "offset": [115, 127]}, {"key": "effective-date-of-the", "type": "clause", "offset": [148, 169]}, {"key": "reduction-in", "type": "definition", "offset": [170, 182]}, {"key": "first-policy", "type": "definition", "offset": [226, 238]}, {"key": "following-the", "type": "definition", "offset": [251, 264]}, {"key": "expiration-of-the", "type": "clause", "offset": [265, 282]}, {"key": "day-notice-period", "type": "clause", "offset": [295, 312]}, {"key": "policy-anniversary-date", "type": "definition", "offset": [338, 361]}, {"key": "required-minimum", "type": "definition", "offset": [371, 387]}, {"key": "mutually-agreed", "type": "clause", "offset": [426, 441]}, {"key": "the-ceding-company", "type": "clause", "offset": [465, 483]}], "samples": [{"hash": "9ZRNvdz72wJ", "uri": "/contracts/9ZRNvdz72wJ#recapture-period", "label": "Automatic and Facultative Yrt Reinsurance Agreement (Nationwide VL Separate Account-G)", "score": 21.2778918549, "published": true}], "size": 2, "snippet": "An in-force policy shall not be eligible for recapture until it has been reinsured for the minimum number of years as specified in Exhibit D.4. The effective date of the reduction in reinsurance shall be the later of:\n(a) the first policy anniversary following the expiration of the ninety (90) day notice period to recapture; or\n(b) the policy anniversary date when the required minimum number of years is attained; or\n(c) a mutually agreed effective date between the Ceding Company and MARC.", "hash": "bdcf50405982483575cc5dae8dc92831", "id": 10}], "next_curs": "ClkSU2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjULEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhlyZWNhcHR1cmUtcGVyaW9kIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"title": "RECAPTURE PERIOD", "parents": [["severability", "SEVERABILITY"], ["medical-information-bureau", "MEDICAL INFORMATION BUREAU"], ["execution", "EXECUTION"], ["recapture-of-state-investment", "Recapture of State Investment"], ["special-cost-sharing-program-requirements", "Special Cost Sharing Program Requirements"]], "children": [["age-basis", "AGE BASIS"], ["", ""], ["facultative-rate-limit", "FACULTATIVE RATE LIMIT"], ["automatic-acceptance-limits", "AUTOMATIC ACCEPTANCE LIMITS"], ["plans-reinsured", "PLANS REINSURED"]], "size": 53, "id": "recapture-period", "related": [["recapture", "Recapture", "Recapture"], ["landlords-termination-right", "Landlord\u2019s Termination Right", "Landlord\u2019s Termination Right"], ["non-renewal-termination", "Non-Renewal Termination", "Non-Renewal Termination"], ["recapture-provision", "RECAPTURE PROVISION", "RECAPTURE PROVISION"], ["termination-option", "Termination Option", "Termination Option"]], "related_snippets": [], "updated": "2025-07-07T12:37:39+00:00", "also_ask": [], "drafting_tip": null, "explanation": "The Recapture Period clause defines a specific timeframe during which a party, typically a lender or lessor, can reclaim certain rights or assets if predefined conditions are met. For example, in a lease or financing agreement, this period may allow the original owner to recover property or benefits if the other party defaults or fails to meet obligations. The core function of this clause is to protect the interests of the original owner by providing a clear mechanism for regaining control or value, thereby mitigating risk in the event of non-compliance."}, "json": true, "cursor": ""}}