Initial Ceding Commission. As consideration for the cession of the Reinsured Liabilities, the Cedant shall be entitled to a ceding commission, which amount shall be determined and settled in accordance with Section 2.4(e)(iii) of the Master Agreement, as adjusted pursuant to Sections 2.5 and 2.6 of the Master Agreement.
Appears in 2 contracts
Sources: Mm Modified Coinsurance Agreement (Massachusetts Mutual Variable Life Separate Account I), Mm Modified Coinsurance Agreement (Massachusetts Mutual Variable Life Separate Account I)
Initial Ceding Commission. As consideration for the cession of the Reinsured Liabilities, the Cedant shall be entitled to a ceding commission, which amount shall be determined and settled in accordance with Section 2.4(e)(iii2.4(e)(iv) of the Master Agreement, as adjusted pursuant to Sections 2.5 and 2.6 of the Master Agreement.
Appears in 2 contracts
Sources: BST Modified Coinsurance Agreement (MML Bay State Variable Life Separate Account I), BST Modified Coinsurance Agreement (MML Bay State Variable Life Separate Account I)