Reinstatements. If an Annuity lapses 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 Quota Share Percentage of all amounts received by the Ceding Company in connection with the reinstatement of such Annuity plus any amounts previously refunded to the Ceding Company by the Reinsurer in connection with the lapse of such Annuity.
Appears in 7 contracts
Samples: Reinsurance Agreement, Reinsurance Agreement (WRL Series Annuity Account), Reinsurance Agreement (Separate Account Va B)
Reinstatements. If an Annuity lapses lapses, 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 Quota Share Percentage Reinsurer's proportionate share of all amounts received by the Ceding Company in connection with the reinstatement of such Annuity the Annuity, plus any amounts previously refunded to the Ceding Company by the Reinsurer in connection with the lapse of such the Annuity.
Appears in 6 contracts
Samples: Reinsurance Agreement (Genworth Life & Annuity VA Separate Account 2), Reinsurance Agreement (Genworth Life of New York VA Separate Account 3), Reinsurance Agreement (Genworth Life of New York VA Separate Account 1)
Reinstatements. If an Annuity lapses lapses, 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 Quota Share Percentage of all amounts received by the Ceding Company in connection with the reinstatement of such Annuity the Annuity, plus any amounts previously refunded to the Ceding Company by the Reinsurer in connection with the lapse of such the Annuity.
Appears in 2 contracts
Samples: Reinsurance Agreement (PHL Variable Accumulation Account II), Reinsurance Agreement (PHL Variable Accumulation Account II)
Reinstatements. If an Annuity lapses lapses, 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 Quota Share Percentage Reinsurer’s proportionate share of all amounts received by the Ceding Company in connection with the reinstatement of such Annuity the Annuity, plus any amounts previously refunded to the Ceding Company by the Reinsurer in connection with the lapse of such the Annuity.
Appears in 1 contract
Samples: Reinsurance Agreement (Separate Account a of Pacific Life Insurance Co)
