Common use of Discrepancy with Conditional Receipt Clause in Contracts

Discrepancy with Conditional Receipt. In the case where the conditional receipt is given for an amount less than the policy application, the Reinsurer shall not be liable for more than its proportionate share of the maximum limit as shown in the Company's conditional receipt. 02/26/02 4 of 24 ARTICLE V

Appears in 1 contract

Sources: Reinsurance Agreement (Nationwide Provident Vli Separate Account 1)

Discrepancy with Conditional Receipt. In the case where the conditional receipt is given for an amount less than the policy application, the Reinsurer shall not be liable for more than its proportionate share of the maximum limit as shown in the Company's conditional receipt. 02/26/02 11/13/01 4 of 24 ARTICLE V

Appears in 1 contract

Sources: Reinsurance Agreement (Nationwide Provident Vli Separate Account 1)

Discrepancy with Conditional Receipt. In the case where the conditional receipt is given for an amount less than the policy application, the Reinsurer shall not be liable for more than its proportionate share of the maximum limit as shown in the Company's conditional receipt. 02/26/02 4 of 24 ARTICLE VGENERAL & COLOGNE LIFE RE OF AMERICA

Appears in 1 contract

Sources: Reinsurance Agreement (Carillon Life Account)