Common use of Method of Recapture Clause in Contracts

Method of Recapture. You will give us written notice of your intention to recapture within ninety days of the effective date of your retention increase. If you elect to recapture at a later date, you will give us additional written notice before you begin the recapture. When you have given us written notice of your intent to recapture, and the date that the recapture will begin:

Appears in 7 contracts

Samples: Automatic Reinsurance Agreement (Union Security Insurance Co Variable Account C), Automatic Reinsurance Agreement (Usl Separate Account Usl Vl-R), Automatic Reinsurance Agreement (Agl Separate Account Vl-R)

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Method of Recapture. You will give us written notice of your intention to recapture within ninety days of the effective date of your retention or pool percentage increase. If you elect to recapture at a later date, you will give us additional written notice before you begin the recapture. When you have given us written notice of your intent to recapture, and the date that the recapture will begin:

Appears in 5 contracts

Samples: Automatic Reinsurance Agreement (Variable Account II of AGL of Delaware), Automatic Reinsurance Agreement (Agl Separate Account Vl-R), Automatic Reinsurance Agreement (Usl Separate Account Usl Vl-R)

Method of Recapture. You will If we give us you written notice of your our intention to recapture due to an increase in our retention limits, we will do so within ninety days of the effective date of your our retention limits increase. If you However, the prior sentence not withstanding, we may elect to recapture at a later date, provided we give you will give us additional written notice before you we begin the recapture. When you we have given us you written notice of your our intent to recapture, and the date that we will begin the recapture will beginprocess of recapture:

Appears in 1 contract

Samples: Reinsurance Agreement (Phlvic Variable Universal Life Account)

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Method of Recapture. You will give us written notice of your intention to recapture within ninety days of the effective date of your retention or quota share percentage increase. If you elect to recapture at a later date, you will give us additional written notice before you begin the recapture. When you have given us written notice of your intent to recapture, and the date that the recapture will begin:

Appears in 1 contract

Samples: Automatic Reinsurance Agreement (Life Insurance Separate Account of Usaa Life Insurance Co)

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