AUTOMATIC EXCESS REINSURANCE. A. On and after the Effective Date of this Agreement, subject to the limit of Reinsurer's liability set forth in Schedule A and all other terms, conditions and limitations set forth in this Agreement and the Schedules attached to and made a part hereof, NASL shall cede and the Reinsurer shall accept 50% of NASL'S guaranteed death benefit liability under the Variable Annuity Contracts, as described in Article II A.
Appears in 7 contracts
Samples: Reinsurance Agreement (Nasl Variable Account), Reinsurance Agreement (Nasl Variable Account), Reinsurance Agreement (Nasl Variable Account)
AUTOMATIC EXCESS REINSURANCE. A. On and after the Effective Date of this Agreement, subject to the limit of Reinsurer's liability set forth in Schedule A and all other terms, conditions and limitations set forth in this Agreement and the Schedules attached to and made a part hereof, NASL shall cede and the Reinsurer shall accept 50% [*] of NASL'S guaranteed death benefit liability under the Variable Annuity Contracts, as described in Article II A.
Appears in 3 contracts
Samples: Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account H), Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account H), Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account H)
