Crediting Rates. The Ceding Company and the Reinsurer shall establish the Crediting Rate on any date of determination as set forth based on the procedures in Schedule V.
Crediting Rates. The Company will be responsible for determining credited rates regarding the Subject Business; provided, however, that the Company shall notify the Reinsurer in writing of all credited rates as and when determined by the Company and the Reinsurer shall have ten (10) Business Days during which to object to any proposed increase in credited rates which case the Company shall not implement such increased credited rates. The parties agree to cooperate with each other to resolve the objections identified by the Reinsurer as soon as practicable to permit the Company to implement mutually agreeable credited rates of the Subject Business. To the extent the Reinsurer does not object to the credited rates within such ten (10) Business Day period, the credited rates of the Subject Business determined by the Company shall be deemed approved by the Reinsurer and the Company shall have the right to implement such credited rates. The Company agrees not to reduce credited interest rates of the Subject Business below contractual minimum levels. ARTICLE IV:
Crediting Rates. Seller shall set crediting rates with --------------- respect to the Non-Novated Contracts from and after the Effective Date, taking into account the recommendations of LLANY with respect thereto.
Crediting Rates. The Ceding Company and the Reinsurer understand and agree that the procedure for establishing crediting rates with respect to the Reinsured Contracts shall be as set forth in Schedule M. Notwithstanding the preceding, except as required to comply with Applicable Laws, in the event that the Ceding Company sets any crediting rates in regard to the Reinsured Contracts in an amount greater than the amount set forth in the preceding sentence without the Reinsurer’s prior written consent, an amount equal to such excess shall be payable to the Reinsurer and reported by the Ceding Company for each Accounting Period to the Reinsurer.
Crediting Rates. 26 4.17 Disposition of PNAC and PRV............................................................... 26 4.18
Crediting Rates. Each Seller shall adopt the crediting rates that shall --------------- be prescribed by Purchasers and approved by Sellers, such approval not to be unreasonably withheld, for its respective business for the first quarter of 1998 and shall cooperate with Purchasers prior to Closing in determining the crediting rates to be applied thereafter.
Crediting Rates. The following language shall be added as the last --------------- two sentences of SECTION 4.16 of the Agreement: "Notwithstanding the foregoing, with respect to the VALIC Contracts to which PNAC and PRL are parties, Sellers shall set all non-guaranteed elements of the Reinsured Contracts from and after the Effective Time (as defined in the respective Reinsurance Agreements), taking into account the recommendations of the Purchasers with respect thereto."
Crediting Rates. The Ceding Company and the Reinsurer have established the initial Crediting Rate as of the Initial Settlement Date (as set forth on Schedule V), and on any date of determination thereafter, the Crediting Rate shall be set as set forth based on the procedures in Schedule V.
Crediting Rates. Reinsured shall set crediting rates with respect to Policies from and after the
Crediting Rates. UNUM shall set crediting rates with --------------- respect to the Non-Novated Contracts as directed by Lincoln after consultation with UNUM.
