Common use of REINSURANCE REPORTING Clause in Contracts

REINSURANCE REPORTING. A. Within 30 days from the close of the calendar month, the Ceding Company will forward to Continental a statement or electronic medium reflecting the premiums due including any adjustments from the prior month. The Ceding Company will also remit a check for the balance due or will submit a request for payment of any net amount due from Continental. No interest is payable on amounts paid within 30 days from the date the statement is prepared.

Appears in 2 contracts

Samples: Reinsurance Agreement (Hartford Life & Annuity Insurance Co Separate Account Ten), Reinsurance Agreement (American National Variable Annuity Separate Account)

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REINSURANCE REPORTING. A. Within 30 days from the close of the calendar month, the Ceding Company will forward to Continental a statement or electronic medium reflecting the premiums due including any adjustments from the prior month. The Ceding Company will also remit a check for the balance due or will submit a request for payment of any net amount due from Continental. No interest is payable on amounts paid within 30 days from the date the statement is prepareddays.

Appears in 2 contracts

Samples: Reinsurance Agreement (Ge Life & Annuity Assurance Co Iv), Ge Capital Life Separate Account Ii

REINSURANCE REPORTING. A. Within 30 days from the close of the calendar month, the Ceding Company will forward to Continental a statement or electronic medium reflecting the premiums due including any adjustments from the prior month. The Ceding Company will also remit a check for the balance due or will submit a request for payment of any net amount due from Continental. , No interest is payable on amounts paid within 30 days from the date the statement is prepared.

Appears in 2 contracts

Samples: Reinsurance Agreement (Talcott Resolution Life Insurance Co Separate Account Two), Reinsurance Agreement (Hartford Life Insurance Co Separate Account Ten)

REINSURANCE REPORTING. A. Within 30 thirty (30) days from the close of the calendar month, the Ceding Company will forward to Continental a statement or electronic medium reflecting the premiums due including any adjustments from the prior month. The Ceding Company will also remit a check for the balance due or will submit a request for payment of any net amount due from Continental. No interest is payable on amounts paid within 30 days from the date the statement is preparedthirty (30) days.

Appears in 2 contracts

Samples: Guaranteed Minimum Death Benefit Reinsurance Agreement (Variable Account D of Union Security Insurance Co), Guaranteed Minimum Death Benefit Reinsurance Agreement (Variable Account D of Union Security Insurance Co)

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REINSURANCE REPORTING. A. Within 30 days from the close of the calendar month, the Ceding Company will forward to Continental a statement or electronic medium reflecting the premiums due including any adjustments from the prior month. The Ceding Company will also remit a check for the balance due or will submit a request for payment of for any net amount due from Continental. No interest is payable on amounts paid within 30 thirty (30) days from the date the statement is preparedreporting date.

Appears in 1 contract

Samples: Novation Agreement (Metlife of Ct Separate Account Eleven for Variable Annuities)

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