Net Reinsurance Premium definition

Net Reinsurance Premium means an amount equal to: [***] [***] [***] = Net Reinsurance Premium [***] [***]

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Net Reinsurance Premium has the definition set forth in Article 7, Section 2.

Net Reinsurance Premium means the amount set forth in Section 3.1(a).

Examples of Net Reinsurance Premium in a sentence

Any positive Net Reinsurance Premium Balance for a month is payable to the Reinsurer.
Such interest will accrue from the due date of the underpaid Net Reinsurance Premium Balance and be computed as described in Section XXII.P.
The Net Reinsurance Premium Balance payable each month equals the sum of the Reinsurance Premiums described above in Section A, minus the sum of any unearned Reinsurance Premiums described above in Section D.
If the Ceding Company overpays a Net Reinsurance Premium Balance and the Reinsurer accepts the overpayment, the Reinsurer's acceptance of the overpayment will not constitute or create an additional reinsurance liability, and it will not result in any additional reinsurance.
If the Ceding Company fails to make a full payment of the Net Reinsurance Premium Balance, due to an Error defined in Article IX, the amount of reinsurance coverage provided by the Reinsurer on the risks related to such underpayment shall not be reduced.
The absolute value of any negative Net Reinsurance Premium Balance for a month is payable to the Ceding Company.
The Net Reinsurance Premium Balance payable each month equals the sum of the Allocated Retention.
If the Ceding Company fails to make a full payment of the Net Reinsurance Premium Allocated Retention Pool -- Effective 10/1/2008 Between HLIC and Swiss Re Balance, due to an Error defined in Article IX, the amount of reinsurance coverage provided by the Reinsurer on the risks related to such underpayment shall not be reduced.
Allocated Retention Pool (Excess Risks) -- Effective October 1, 2008 Between HLIC and Canada Life The absolute value of any negative Net Reinsurance Premium Balance for a month is payable to the Ceding Company.
Allocated Retention Pool (Excess Risks) -- Effective October 1, 2008 Between HLAIC and Canada Life The absolute value of any negative Net Reinsurance Premium Balance for a month is payable to the Ceding Company.

More Definitions of Net Reinsurance Premium

Net Reinsurance Premium means, with respect to a Statement of Assets and Liabilities, for any one of Seller, FGWLA or CLAC, the liabilities for such company shown in such Statement of Assets and Liabilities minus the assets for such company shown in such Statement of Assets and Liabilities.

Net Reinsurance Premium has the meaning set forth in the LPT Agreement.

Net Reinsurance Premium means an amount equal to: [***] [***] [***] = Net Reinsurance Premium Where Gross Premiums Earned under the Policies are equal to the total of insurance premiums collected by the Ceding Company in relation with the Policies without any deduction of any tax, stamp fee or duty. Any tax, stamp fee, or duty due to federal, state, or local authorities with respect to the Policies will be paid by the Ceding Company to the relevant authorities and will have no impact on the reinsurance accounts, either past, present or future, of this Agreement.

Net Reinsurance Premium shall be the reinsurance premium due under this Contract, computed in accordance with the Reinsurance Premium Article, net of brokerage and applicable Federal Excise Tax.

Net Reinsurance Premium means the Gross Reinsurance Premium less any Federal Excise Tax or Withholding under FATCA, applicable under this Contract.