Reinstatements. If an annuity reinsured hereunder is surrendered or -------------- annuitized, and is subsequently reinstated while this Agreement is in force, the reinsurance for such annuity will be reinstated automatically. The Ceding Company will pay the Reinsurer the Reinsurer's proportionate share of all amounts received by the Ceding Company in connection with the reinstatement of the annuity, plus any amounts previously refunded to the Ceding Company by the Reinsurer in connection with the lapse of the annuity, less any amount previously paid by Ceding Company to the Reinsurer in connection with the lapse of the annuity.
Appears in 13 contracts
Samples: Reinsurance Agreement (Separate Account B of Golden American Life Insurance Co), Reinsurance Agreement (Golden American Life Insurance Co /Ny/), Reinsurance Agreement (Separate Account B of Golden American Life Insurance Co)
Reinstatements. If an annuity reinsured hereunder is surrendered or -------------- annuitizedlapses, and is subsequently reinstated while this Agreement is in force, the reinsurance for such annuity will be reinstated automatically. The Ceding Company will pay the Reinsurer the Reinsurer's ’s proportionate share of all amounts received by the Ceding Company in connection with the reinstatement of the annuity, plus any amounts previously refunded to the Ceding Company by the Reinsurer in connection with the lapse of the annuity, less any amount previously paid by Ceding Company to the Reinsurer in connection with the lapse of the annuity.
Appears in 8 contracts
Samples: Reinsurance Agreement (WRL Series Annuity Account), Reinsurance Agreement (Separate Account VA AA), Reinsurance Agreement (Separate Account Va U)
Reinstatements. If an annuity reinsured hereunder is surrendered or -------------- annuitized, and is subsequently reinstated while this Agreement is in force, the reinsurance for such annuity will be reinstated automatically. The Ceding Company will pay the Reinsurer the Reinsurer's proportionate share of all amounts received by the Ceding Company in connection with the reinstatement of the annuity, plus any amounts previously refunded to the Ceding Company by the Reinsurer in connection with the lapse of the annuity, less any amount previously paid by Ceding Company to the Reinsurer in connection with the lapse of the annuity.
Appears in 5 contracts
Samples: Reinsurance Agreement (Hartford Life Insurance Co Separate Account Ten), Reinsurance Agreement (Hartford Life Insurance Co Separate Account Two), Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account H)
Reinstatements. If an annuity reinsured hereunder is surrendered or -------------- annuitized, and is subsequently reinstated while this Agreement is in force, the reinsurance for such annuity will be reinstated automatically. The Ceding Company will pay the Reinsurer the Reinsurer's proportionate share of all amounts received by the Ceding Company in connection with the reinstatement of the annuity, plus any amounts previously refunded to the Ceding Company by the Reinsurer in connection with the lapse of the annuity, less any amount previously paid by Ceding Company to the Reinsurer in connection with the lapse of the annuity.
Appears in 1 contract
Samples: Reinsurance Agreement (Golden American Life Insurance Co /Ny/)
