Common use of Segregated Custodial Account Clause in Contracts

Segregated Custodial Account. The Segregated Custodial Account will be separate custodial accounts established by the Ceding Company with respect to the assets supporting the Modified Coinsurance Reserve for those Annuities for the purpose of segregating the Segregated Asset Portfolio. If AUIM is not the Advisor for the Segregated Custodial Account, the Ceding Company shall grant the Reinsurer “read only” access to the Segregated Custodial Account at all times during the duration of this Agreement.

Appears in 5 contracts

Samples: Reinsurance Agreement (WRL Series Annuity Account), Reinsurance Agreement (WRL Series Annuity Account), Reinsurance Agreement (Separate Account Va U)

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Segregated Custodial Account. The Segregated Custodial Account will be separate custodial accounts established by the Ceding Company with respect to the assets supporting the Modified Coinsurance Reserve for those Annuities for the purpose of segregating the Segregated Asset Portfolio. If AUIM is not the Advisor for the Segregated Custodial Account, the Ceding Company shall grant the Reinsurer “read only” access to the Segregated Custodial Account at all times during the duration of this Agreement.

Appears in 3 contracts

Samples: Reinsurance Agreement (Separate Account Va Q), Reinsurance Agreement (Separate Account Va-2l), Reinsurance Agreement (Separate Account Va B)

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