Reinstatements. If any Reinsured Contract that has lapsed is subsequently reinstated prior to the termination of this Agreement, the reinsurance for such Reinsured Contract under this Agreement shall be reinstated automatically. The Ceding Company shall pay the Reinsurer the Quota Share of all amounts received by the Ceding Company in connection with the reinstatement of such Reinsured Contract.
Appears in 6 contracts
Samples: Indemnity Reinsurance Agreement (Equitable Financial Life Insurance Co of America), Indemnity Reinsurance Agreement (Equitable Financial Life Insurance Co), Coinsurance and Modified Coinsurance Agreement (John Hancock Life Insurance Co of New York Separate Account A)
Reinstatements. If any Reinsured Contract a contract reinsured hereunder that has lapsed was reduced, terminated, or lapsed, and is subsequently reinstated prior to the termination of this Agreementreinstated, the reinsurance for such Reinsured Contract contract under this Agreement shall will be reinstated automaticallyautomatically to the amount that would be in force if the contract had not been reduced, terminated, or lapsed. The Ceding Company shall will pay to the Reinsurer the Quota Share Reinsurer’s proportionate share of all amounts received by collected from, or charged to, the Ceding Company in connection with the reinstatement of such Reinsured Contractinsured.
Appears in 3 contracts
Samples: Reinsurance Agreement (Security National Financial Corp), Reinsurance Agreement (Midwest Holding Inc.), Reinsurance Agreement (Security National Financial Corp)
Reinstatements. If any Reinsured Contract that has lapsed lapses following the Effective Time is subsequently reinstated pursuant to the express terms of such Reinsured Contract prior to the termination of this Agreement, the reinsurance for such Reinsured Contract under this Agreement shall be reinstated automatically. The Ceding Company shall pay the Reinsurer the Quota Share of all amounts amounts, including Premiums, received by the Ceding Company in connection with the reinstatement Reinstatement of such Reinsured Contract.
Appears in 2 contracts
Samples: Coinsurance and Modified Coinsurance Agreement (Equitable Holdings, Inc.), Coinsurance and Modified Coinsurance Agreement (Equitable Financial Life Insurance Co)
Reinstatements. If any Reinsured Contract a contract reinsured hereunder that has lapsed was reduced, terminated, or lapsed, is subsequently reinstated prior to the termination of this Agreementreinstated, the reinsurance for such Reinsured Contract contract under this Agreement shall will be reinstated automaticallyautomatically to the amount that would be in force if the contract had not been reduced, terminated, or lapsed. The Ceding Company shall will pay to the Reinsurer the Quota Share Reinsurer's proportionate share of all amounts received by collected from, or charged to, the Ceding Company in connection with the reinstatement of such Reinsured Contractinsured.
Appears in 2 contracts
Samples: Portfolio Indemnity Reinsurance Agreement (Standard Management Corp), Automatic Indemnity Reinsurance Agreement (Mony Group Inc)
Reinstatements. If any Reinsured Contract Policy that has lapsed is subsequently reinstated in accordance with the terms of such Reinsured Policy or as required by Applicable Law prior to the termination of this Agreement, the reinsurance for such Reinsured Contract Policy under this Agreement shall be reinstated automatically. The Ceding Company shall pay the Reinsurer the Quota Share of all amounts received by the Ceding Company in connection with the reinstatement of such Reinsured ContractPolicy.
Appears in 1 contract
Reinstatements. If any Reinsured Contract that has lapsed lapsed, been terminated or surrendered, is subsequently reinstated prior to the termination of this Agreement, the reinsurance for such Reinsured Contract under this Agreement shall be reinstated automatically. The Ceding Company shall pay the Reinsurer the Quota Share of all amounts received by the Ceding Company in connection with the reinstatement of such Reinsured Contract.
Appears in 1 contract
Samples: Coinsurance Agreement (Prudential Annuities Life Assurance Corp/Ct)
