Common use of Renewal Recapture Clause in Contracts

Renewal Recapture. The Ceding Company shall also have the right, upon prior written notice to the Reinsurer, to recapture, in its sole discretion, all or a pro rata portion of End of Term Renewals arising from Policies with an Original Initial Level Premium Period ending on or after January 1, 2017 (the “Renewal Recapture Right”). No Recapture Fee is payable in connection with the recapture of any End of Term Renewal.

Appears in 10 contracts

Samples: 80% Coinsurance Agreement (Primerica, Inc.), Coinsurance Amending Agreement (Primerica, Inc.), 90% Coinsurance Agreement (Primerica, Inc.)

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