Common use of Interest on the Unamortized Ceding Commission Clause in Contracts

Interest on the Unamortized Ceding Commission. The Ceding Company will pay the Reinsurer Interest on the Unamortized Ceding Commission at the end of each Accounting Period, subsequent to the initial Accounting Period, equal to [(i) x (ii)] + [(iii) x (iv)] + [(v) x (vi)] + [(vii) x (viii)] + [(ix) x (x)], where:

Appears in 2 contracts

Samples: Reinsurance Agreement (North American Security Life Insurance Co), Reinsurance Agreement (Manufacturers Life Insurance Co of North America Sep Acc A)

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Interest on the Unamortized Ceding Commission. The Ceding Company will pay the Reinsurer Interest on the Unamortized Ceding Commission at the end of each Accounting Period, subsequent to the initial Accounting Period, equal to [(i) x (ii)] + [{[(iii) x + (iv)] + [/ 90} x (v) x (vi)] + [(vii) x (viii)] + [(ix) x (x)], where:

Appears in 1 contract

Samples: Reinsurance Agreement (Manufacturers Life Insurance Co of North America Sep Acc A)

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Interest on the Unamortized Ceding Commission. The Ceding Company will pay the Reinsurer Interest on the Unamortized Ceding Commission at the end of each Accounting Period, subsequent to the initial Accounting Period, equal to [(i) x (ii)] + [(iii) x (iv)] + [(v) x (vi)] + [(vii) x (viii)] + [(ix) x (x)] + [(xi) x (xii)], where:

Appears in 1 contract

Samples: Reinsurance Agreement (Manufacturers Life Insurance Co of North America Sep Acc A)

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