Common use of AUTOMATIC PROVISIONS Clause in Contracts

AUTOMATIC PROVISIONS. A. On or after the EFFECTIVE DATE of this Agreement, CEDING COMPANY shall automatically cede and REINSURER shall automatically accept a Quota Share percentage, as provided in Schedule E, with respect to the CEDING COMPANY'S liability for the GMDB CLAIMS for each ACTIVE CONTRACT reinsured under this Agreement as provided in this Article.

Appears in 4 contracts

Samples: Annuity Reinsurance Agreement (Ameritas Variable Separate Account Va-2), Reinsurance Agreement (Ameritas Variable Separate Account Va-2), Reinsurance Agreement (Ameritas Variable Separate Account Va-2)

AutoNDA by SimpleDocs

AUTOMATIC PROVISIONS. A. On or after the EFFECTIVE DATE of this Agreement, CEDING COMPANY shall automatically cede and REINSURER shall automatically accept a Quota Share percentage, as provided in Schedule E, with respect to the CEDING COMPANY'S liability for the GMDB CLAIMS and EEB CLAIMS for each ACTIVE CONTRACT reinsured under this Agreement as provided in this Article.

Appears in 3 contracts

Samples: Variable Annuity Reinsurance Agreement (Ameritas Variable Separate Account Va-2), Annuity Reinsurance Agreement (Variable Separate Account of Anchor National Life Insur Co), Annuity Reinsurance Agreement (Variable Separate Account of Anchor National Life Insur Co)

AUTOMATIC PROVISIONS. A. On or after the EFFECTIVE DATE of this Agreement, CEDING COMPANY shall automatically cede and REINSURER shall automatically accept a Quota Share percentage, as provided in Schedule E, with respect to the CEDING COMPANY'S ’S liability for the GMDB CLAIMS for each ACTIVE CONTRACT reinsured under this Agreement as provided in this Article.

Appears in 3 contracts

Samples: Reinsurance Agreement (Guardian Separate Account R), Annuity Reinsurance Agreement (Guardian Separate Account R), Annuity Reinsurance Agreement (Symetra SEPARATE ACCOUNT C)

AUTOMATIC PROVISIONS. A. On or after the EFFECTIVE DATE of this Agreement, CEDING COMPANY shall automatically cede and REINSURER shall automatically accept a Quota Share percentage, as provided in Schedule E, with respect to the CEDING COMPANY'S ’S liability for the GMDB CLAIMS and EEB CLAIMS for each ACTIVE CONTRACT reinsured under this Agreement as provided in this Article.

Appears in 2 contracts

Samples: Reinsurance Agreement (Guardian Separate Account R), Annuity Reinsurance Agreement (Guardian Separate Account R)

AutoNDA by SimpleDocs

AUTOMATIC PROVISIONS. A. On or after the EFFECTIVE DATE of this Agreement, CEDING COMPANY shall automatically cede and REINSURER shall automatically accept a Quota Share percentage, as provided in Schedule E, with respect to the CEDING COMPANY'S ’S liability for the GMDB REINSURANCE CLAIMS for each ACTIVE CONTRACT reinsured under this Agreement as provided in this Article.

Appears in 1 contract

Samples: Annuity Reinsurance Agreement (Symetra SEPARATE ACCOUNT C)

Time is Money Join Law Insider Premium to draft better contracts faster.