Maximum Credit to Be Taken. Notwithstanding the foregoing, credit for reinsurance taken by the Ceding Company for reinsurance ceded to the Reinsurer hereunder shall not exceed the aggregate of the net amount of reserves plus the liability for any unallocated amounts which has been set up and reported to the Ceding Company as being held by the Reinsurer and by each subsequent reinsurer.
Appears in 7 contracts
Samples: Reinsurance Agreement, Reinsurance Agreement (WRL Series Annuity Account), Reinsurance Agreement (Separate Account Va B)
Maximum Credit to Be Taken. Notwithstanding the foregoing, credit for reinsurance taken by the Ceding Company for reinsurance ceded to the Reinsurer hereunder shall not exceed the aggregate total amount of the net amount of reserves plus the liability for any unallocated amounts which has been set up and reported to the Ceding Company as being held by the Reinsurer and by each subsequent reinsurerSecurity Trust Base Amount.
Appears in 3 contracts
Samples: Coinsurance and Modified Coinsurance Agreement (Separate Account Va B), Coinsurance and Modified Coinsurance Agreement (Separate Account Va B), Coinsurance and Modified Coinsurance Agreement (Separate Account Va-2l)
