Return of Excess Withdrawals. The Ceding Company shall return to the Reinsurer, within five (5) Business Days, assets withdrawn in excess of all amounts due under Sections 15.5(a), (b) and (e), or, in the case of Section 15.5(d) above, assets that are subsequently determined not to be due. Any assets subsequently returned in the case of Section 15.5(d) shall include interest at the Prime Rate applied on a daily basis for the amounts returned.
Appears in 4 contracts
Samples: 80% Coinsurance Agreement (Primerica, Inc.), 10% Coinsurance Agreement (Primerica, Inc.), 10% Coinsurance Agreement (Primerica, Inc.)
Return of Excess Withdrawals. The Ceding Company shall return to the Reinsurer, within five (5) Business Days, assets withdrawn in excess of all amounts due under Sections 15.5(a), (b) and (e), or, in the case of Section 15.5(d) above, assets that are subsequently determined not to be due15.5. Any assets subsequently returned in the case of Section 15.5(d) shall include interest at the Prime Rate applied on a daily basis for the amounts returned.
Appears in 3 contracts
Samples: Coinsurance Amending Agreement (Primerica, Inc.), Coinsurance Agreement (Primerica, Inc.), Coinsurance Agreement (Primerica, Inc.)
Return of Excess Withdrawals. The Ceding Company shall return to the Reinsurer, within five (5) Business Days, assets withdrawn in excess of all amounts due under Sections 15.5(a), (b) and (ec), or, in the case of Section 15.5(d) above, assets that are subsequently determined not to be due. Any assets subsequently returned in the case of Section 15.5(d15.5(c) shall include interest at the Prime Rate applied on a daily basis for the amounts returned.
Appears in 2 contracts
Samples: 90% Coinsurance Agreement (Primerica, Inc.), 90% Coinsurance Agreement (Primerica, Inc.)
