Common use of Terminal Accounting Clause in Contracts

Terminal Accounting. In the event that all of the reinsurance under this Agreement is terminated in accordance with Article 15, Commencement and Termination, a terminal accounting and settlement shall take place, subject to Article 5, Funds Withheld Balance.

Appears in 4 contracts

Samples: Coinsurance Funds Withheld Reinsurance Agreement, Reinsurance Agreement (Symetra Financial CORP), Reinsurance Agreement (Symetra Financial CORP)

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Terminal Accounting. In the event that all of the reinsurance under this Agreement is terminated in accordance with Article 1517, Commencement and Termination, a terminal accounting and settlement shall take place, subject to Article 5, Funds Withheld Balance.

Appears in 3 contracts

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

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