Common use of Liability and Payment Clause in Contracts

Liability and Payment. The Reinsurer shall accept the decision of the --------------------- Ceding Company with respect to the determination and payment of amounts comprising Net Benefit Payments.

Appears in 2 contracts

Samples: Reinsurance Agreement (New England Variable Annuity Separate Account), Reinsurance Agreement (First MetLife Investors Variable Annuity Account One)

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Liability and Payment. The Reinsurer shall accept the decision of the --------------------- Ceding Company with respect to the determination and payment of amounts comprising Net Policy Benefit Payments. The Reinsurer shall pay the Indemnification for Benefit Payments in the mode of settlement under the Reinsured Policy.

Appears in 2 contracts

Samples: Reinsurance Agreement (Metlife Investors Usa Separate Account A), Reinsurance Agreement (Metropolitan Life Separate Account E)

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