Common use of Continuing Allowances Clause in Contracts

Continuing Allowances. Continuing allowances with respect to the Reinsured Policies, the Second Amendment Additional Policies and the Third Amendment Additional Policies shall be determined pursuant to Section 6 hereof, in lieu of and notwithstanding (i) Section 14 of and Annex C to Amendment No. 2 or (ii) provisions of the Reinsurance Agreement relating to continuing ceding and expenses allowances (including Exhibits C-4, C-6 and C-8 thereto) or the reciprocal policy fee allowances in respect to Other Reinsurance arrangements referred to in Section 2.4 thereof.

Appears in 2 contracts

Sources: Automatic Reinsurance Agreement (Fidelity & Guaranty Life), Automatic Reinsurance Agreement (Fidelity & Guaranty Life)