Common use of RETENTION LIMIT CHANGES Clause in Contracts

RETENTION LIMIT CHANGES. If the Company changes its retention limits, it will provide the Reinsurer with written notice of the new retention limits and the effective date. A change to the Company's Retention Limits in Exhibit D will not affect the Reinsured Policies in force at the time of such a change except as specifically provided for elsewhere in this Agreement.

Appears in 9 contracts

Samples: Reinsurance Agreement (National Variable Life Insurance Account), Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii), Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii)

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RETENTION LIMIT CHANGES. If the Company changes its retention limits, it will provide the Reinsurer with written notice of the new retention limits and the effective date. A change to the Company's Retention Limits in Exhibit D will not affect the Reinsured Policies in force at the time of such a change except as specifically provided for elsewhere in this Agreement. Furthermore, such a change will not affect the Automatic Acceptance Limits in Exhibit E unless mutually agreed by the Company and the Reinsurer.

Appears in 7 contracts

Samples: Reinsurance Agreement (Nationwide Vli Separate Account 5), Reinsurance Agreement (Lincoln Life & Annuity Flexible Premium Variable Life Account M), Reinsurance Agreement (Lincoln Life & Annuity Flexible Prem Vari Life Acct M)

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RETENTION LIMIT CHANGES. If the Company changes its retention limits, it will provide the Reinsurer with written notice of the new retention limits and the effective date. A change to the Company's Retention Limits in Exhibit D will not affect the Reinsured Policies in force at the time of such a change except as specifically provided for elsewhere in this Agreement.

Appears in 3 contracts

Samples: Reinsurance Agreement (Llac Variable Account), Reinsurance Agreement (Llac Variable Account), Reinsurance Agreement (Llac Variable Account)

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