Ceding While Retaining Less Than Full Retention. When the Company retains or has retained less than its maximum limit of retention on a life and all other conditions in Section C above are satisfied, the Company may cede automatically only an amount equal to or less than the amount retained.
Appears in 4 contracts
Samples: Reinsurance Agreement (Nationwide VLI Separate Account-7), The Agreement (Llac Variable Account), The Agreement (Vel Ii Account of Allmerica Financial Life Ins & Ann Co)
Ceding While Retaining Less Than Full Retention. When the Company retains or has retained less than its maximum limit of retention on a life and all other conditions in Section C above are satisfied, the Company may cede automatically only an amount equal to or less than the amount retained.. 2/26/02 2 of 24 ARTICLE III
Appears in 1 contract
Samples: Automatic Yearly Renewable Term Reinsurance Agreement (Nationwide Provident Vli Separate Account 1)
Ceding While Retaining Less Than Full Retention. When the Company retains or has retained less than its maximum limit of retention on a life and all other conditions in Section C above are satisfied, the Company may cede automatically only an amount equal to or less than the amount retained.. 11/13/01 2 of 24
Appears in 1 contract
Samples: Automatic Yearly Renewable Term Reinsurance Agreement (Nationwide Provident Vli Separate Account 1)
