Common use of Benefit Payments Clause in Contracts

Benefit Payments. Benefit Payments, as referred to in this Agreement, means the sum of (i) Claims, as described in Xxxxxxxxx 0 xxxxx, (xx) Cash Surrender Values, as described in Paragraph 3 below, and (iii) Annuity Payments, as described in Paragraph 7 below.

Appears in 8 contracts

Samples: Reinsurance Agreement (Separate Account Va B), Reinsurance Agreement (WRL Series Annuity Account), Reinsurance Agreement (Separate Account Va Q)

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Benefit Payments. Benefit Payments, as referred to in this Agreement, means the sum of (i) Claims, as described in Xxxxxxxxx 0 xxxxx, (xx) Cash Surrender ValuesValues and cancellation proceeds, as described in Xxxxxxxxx 0 xxxxx, (xxx) Partial Withdrawals, as described in Paragraph 3 4 below, and (iiiiv) Annuity Payments, as described in Paragraph 7 8 below.

Appears in 6 contracts

Samples: Reinsurance Agreement (Genworth Life of New York VA Separate Account 1), Reinsurance Agreement (Genworth Life & Annuity VA Separate Account 2), Reinsurance Agreement (Genworth Life of New York VA Separate Account 3)

Benefit Payments. Benefit Payments, as referred to in this Agreement, means the sum of (i) Claims, as described in Xxxxxxxxx 0 xxxxx, (xx) Cash Surrender Values, as described in Xxxxxxxxx 0 xxxxx, (xxx) Partial Withdrawals, as described in Paragraph 3 4 below, and (iiiiv) Annuity Payments, as described in Paragraph 7 8 below.

Appears in 3 contracts

Samples: Reinsurance Agreement (Genworth Life & Annuity VA Separate Account 2), Reinsurance Agreement (Genworth Life of New York VA Separate Account 3), Reinsurance Agreement (Genworth Life & Annuity VA Separate Account 2)

Benefit Payments. Benefit Payments, as referred to in this Agreement, means the Quota Share of the sum of (i) Claims, as described in Xxxxxxxxx 0 xxxxx, (xx) Cash Surrender ValuesValues and cancellation proceeds, as described in Paragraph 3 belowXxxxxxxxx 0 xxxxx, and (iiixxx) Partial Withdrawals, as described in Xxxxxxxxx 0 xxxxx, (xx) Annuity Payments, as described in Paragraph 6 below, and (v) Additional Liability, as described in Paragraph 7 below.

Appears in 2 contracts

Samples: Reinsurance Agreement (PHL Variable Accumulation Account II), Reinsurance Agreement (PHL Variable Accumulation Account II)

Benefit Payments. Benefit Payments, as referred to in this Agreement, means the sum of (i) Claims, as described in Xxxxxxxxx Pxxxxxxxx 0 xxxxx, (xx) Cash Surrender ValuesValues and cancellation proceeds, as described in Pxxxxxxxx 0 xxxxx, (xxx) Partial Withdrawals, as described in Paragraph 3 4 below, and (iiiiv) Annuity Payments, as described in Paragraph 7 8 below.

Appears in 1 contract

Samples: Reinsurance Agreement (Separate Account a of Pacific Life Insurance Co)

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Benefit Payments. Benefit Payments, as referred to in this Agreement, means the sum of (i) Claims, as described in Xxxxxxxxx 0 xxxxxParagraph 2 below, and (xxii) Cash Surrender Values, as described in Paragraph 3 below, and (iii) Annuity Payments, as described in Paragraph 7 belowwaiver benefits.

Appears in 1 contract

Samples: Reinsurance Agreement (Pacific Select Exec Separate Acct Pacific Life Ins)

Benefit Payments. Benefit Payments, as referred to in this Agreement, means the sum of (i) Claims, Claims as described in Xxxxxxxxx 0 xxxxx, Paragraph 2 below and (xxii) Cash Surrender Values, Values as described in Paragraph 3 below, and (iii) Annuity Payments, as described . No liability will arise under this Agreement for the Reinsurer to reimburse Benefit Payments which are not determined in Paragraph 7 belowaccordance with the terms of the annuities reinsured hereunder.

Appears in 1 contract

Samples: Reinsurance Agreement (Liberty Financial Companies Inc /Ma/)

Benefit Payments. Benefit Payments, as referred to in this Agreement, ---------------- means the sum of (i) Claims, as described in Xxxxxxxxx 0 xxxxxParagraph 2 below, and (xxii) Cash Surrender Values, as described in Paragraph 3 below, and (iii) Annuity Payments, as described in Paragraph 7 below.

Appears in 1 contract

Samples: Reinsurance Agreement (General American Separate Account Two)

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