STATUTORY RESERVE. The term "Statutory Reserve", as used in this Agreement with respect to the Policies, means (a) - (ii) where: (a) is the sum of the following items that pertain to reinsurance liabilities hereunder: (i) Aggregate reserve as shown on the Annual Statement; and (ii) Premiums paid in advance as shown on the Annual Statement. (b) is the net deferred and uncollected premiums as shown on the Annual Statement.
Appears in 13 contracts
Samples: Reinsurance Agreement (Metlife Investors Usa Separate Account A), Reinsurance Agreement (Metlife Investors Variable Annuity Account One), Reinsurance Agreement (First Metlife Investors Variable Annuity Account One)
