Common use of The liability of the Reinsurer Clause in Contracts

The liability of the Reinsurer. on any reinsurance under this Agreement begins upon the effective date of this Agreement as set forth in Article XV, Execution, and ends after all underlying contracts associated with the reinsured HDLT5 riders have terminated or the business reinsured is otherwise recaptured or terminated. The liability of the Reinsurer to the Reinsured under this Agreement will be the remaining HDLT5 obligation to any covered contract holder after the associated contract's account value has been reduced to zero.

The liability of the Reinsurer. on any reinsurance under this Agreement begins upon the effective date of this Agreement as set forth in Article XV, Execution, and ends after all underlying contracts associated with the reinsured HDLT5 HD6+ riders have terminated or the business reinsured is otherwise recaptured or terminated. The liability of the Reinsurer to the Reinsured under this Agreement will be the remaining HDLT5 HD6+ obligation to any covered contract holder after the associated contract's account value has been reduced to zero, subject to the limits defined in Schedule A(2).

The liability of the Reinsurer. on any reinsurance under this Agreement begins upon the effective date of this Agreement as set forth in Article XV, Execution, and ends after all underlying contracts associated with the reinsured HDLT5 HD7 riders have terminated or the business reinsured is otherwise recaptured or terminated. The liability of the Reinsurer to the Reinsured under this Agreement will be the remaining HDLT5 HD7 obligation to any covered contract holder after the associated contract's account value has been reduced to zero.