SETTLEMENT AND REPORTING. 1. While this Agreement is in effect, GLENBROOK shall pay to ALLSTATE no less frequently than quarterly, with respect to eligible Policies, a reinsurance premium equal to (or the accounting equivalent of) the sum of Items (a), (b), (c), and (d) below less the sum of Items (e) and (f) below.
Appears in 2 contracts
Samples: Coinsurance Agreement (Glenbrook Life & Annuity Co), Coinsurance Agreement (Glenbrook Life & Annuity Co Variable Annuity Account)
SETTLEMENT AND REPORTING. 1. While this Agreement is in effect, GLENBROOK shall pay to ALLSTATE no less frequently than quarterly, with respect to eligible PoliciesPolicies under this Agreement, a reinsurance premium equal to (or the accounting equivalent of) the sum of Items Item (a), ) less Item (b), (c), and (d) below less the sum of Items (e) and (f) below.
Appears in 2 contracts
Samples: Modified Coinsurance Agreement (Glenbrook Life & Annuity Co), Modified Coinsurance Agreement (Glenbrook Life & Annuity Co Variable Annuity Account)
