Common use of Termination Because of Non-Payment of Premium Clause in Contracts

Termination Because of Non-Payment of Premium. a) When reinsurance premiums are delinquent, the Reinsurer has the right to terminate the reinsurance risks on the statement by giving the Ceding Company thirty (30) calendar days written notice. As of the close of this thirty-day period, all of the Reinsurer's liability shall terminate for:

Appears in 4 contracts

Samples: Yrt Agreement (Nationwide Provident Vli Separate Account 1), Yrt Agreement (Nationwide Provident Vli Separate Account A), Yrt Agreement (Nationwide Provident Vli Separate Account 1)

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Termination Because of Non-Payment of Premium. a) When reinsurance premiums are delinquent, the Reinsurer has the right to terminate the reinsurance risks on the statement by giving the Ceding Company thirty (30) calendar days days' written notice. As of the close of this thirty-day period, all of the Reinsurer's liability shall terminate for:

Appears in 3 contracts

Samples: Yrt Agreement (Jnlny Separate Account Iv), Yrt Agreement (Sentry Variable Life Account I), Jackson National Separate Account Iv

Termination Because of Non-Payment of Premium. a) When reinsurance premiums are delinquent, the Reinsurer has the right to terminate the reinsurance risks on the statement by giving the Ceding Company thirty (30) calendar days days’ written notice. As of the close of this thirty-day period, all of the Reinsurer's ’s liability shall terminate for:

Appears in 2 contracts

Samples: Reinsurance Agreement, Reinsurance Agreement (WRL Series Annuity Account)

Termination Because of Non-Payment of Premium. a) When reinsurance premiums are delinquent, the Reinsurer has the right to terminate the reinsurance risks on the statement by giving the Ceding Company thirty (30) calendar days written notice. As of the close of this thirty-day period, all of the Reinsurer's liability shall terminate for:

Appears in 2 contracts

Samples: Assignment, Transfer and Novation Agreement (Ameritas Variable Separate Account V), Coinsurance Agreement (Cuna Mutual Variable Life Insurance Account)

Termination Because of Non-Payment of Premium. a) When reinsurance premiums are delinquent, the Reinsurer has the right to terminate the reinsurance risks on the statement by giving the Ceding Company thirty (30) calendar days written notice. As of the close of this thirty-day period, all of the Reinsurer's ’s liability shall terminate for:

Appears in 2 contracts

Samples: Coinsurance Agreement (Thrivent Variable Life Account I), Coinsurance Agreement (Thrivent Variable Life Account I)

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Termination Because of Non-Payment of Premium. a) When reinsurance premiums are delinquent, the Reinsurer has the right to terminate the reinsurance risks on the statement by giving the Ceding Company thirty (30) calendar days days’ written notice. As of the close of this thirty-day period, all of the Reinsurer's ’s liability shall terminate for:

Appears in 1 contract

Samples: Coinsurance Agreement (Kansas City Life Insurance Co)

Termination Because of Non-Payment of Premium. a) When reinsurance premiums are delinquent, the Reinsurer has the right to terminate the reinsurance risks on the statement by giving the Ceding Company thirty (30) calendar days written notice. As of the close of this thirty-day period, all of the Reinsurer's ’s liability shall terminate for:: Effective 10/01/2012 CONFIDENTIAL Table of Contents

Appears in 1 contract

Samples: Coinsurance Agreement (Thrivent Variable Life Account I)

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