Common use of Flat Extras Clause in Contracts

Flat Extras. However, in the case of risks bearing permanent or temporary flat extras, as described in Paragraphs 3 and 4 of Article V, Reinsurance Allowances are payable on the Reinsurance Premium Rates provided in Schedule I but are not payable on the additional flat extra mortality charge.

Appears in 2 contracts

Sources: Automatic Reinsurance Agreement (Wma Corp), Automatic Reinsurance Agreement (Wma International Corp)