Common use of Basis of Recapture Clause in Contracts

Basis of Recapture. If you increase the retention limits or your pool percentage shown in Exhibit A, you may make a corresponding reduction in eligible reinsurance cessions. Policies are eligible for recapture if:

Appears in 5 contracts

Samples: Automatic Reinsurance Agreement (Variable Account II of AGL of Delaware), Automatic Reinsurance Agreement (Usl Separate Account Usl Vl-R), Automatic Reinsurance Agreement (Agl Separate Account Vl-R)

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Basis of Recapture. If you increase the retention limits or your pool percentage shown in Exhibit A, you may make a corresponding reduction in eligible reinsurance cessions. Policies are eligible for recapture if:

Appears in 4 contracts

Samples: Automatic Reinsurance Agreement (Union Security Insurance Co Variable Account C), Automatic Reinsurance Agreement (Usl Separate Account Usl Vl-R), Automatic Reinsurance Agreement (Nationwide Provident Vli Separate Account 1)

Basis of Recapture. If you we increase the retention limits or your pool percentage shown in Exhibit A, you we may make a corresponding reduction in eligible reinsurance cessions. Policies are eligible for recapture if:

Appears in 3 contracts

Samples: Reinsurance Agreement (Nassau Life Variable Accumulation Account), Reinsurance Agreement (PHL Variable Accumulation Account), Reinsurance Agreement (Nassau Life Variable Universal Life Account)

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Basis of Recapture. If you increase the retention limits or your pool the percentage of the risk that you retain, shown in Exhibit A, you may make a corresponding reduction in eligible reinsurance cessions. Policies are eligible for recapture if:

Appears in 1 contract

Samples: Automatic Reinsurance Agreement Effective November (Travelers Fund Ul for Variable Life Insurance)

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