Common use of Calculation of Initial Funds Withheld Adjustment Clause in Contracts

Calculation of Initial Funds Withheld Adjustment. The Reinsurer shall owe to the Ceding Company an initial funds withheld adjustment (the “Initial Funds Withheld Adjustment”) equal to [(1) + (2)], where: Xxxxxxx Resolution Life Insurance Company and TR Re, Ltd. Annuity Reinsurance Agreement Effective October 1, 2021 Page 11

Appears in 15 contracts

Samples: Reinsurance Agreement (Talcott Resolution Life Insurance Co Separate Account Seven), Reinsurance Agreement (Talcott Resolution Life Insurance Co Separate Account Three), Reinsurance Agreement (Talcott Resolution Life Insurance Co Separate Account Two)

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