Common use of Non-Guaranteed Elements Clause in Contracts

Non-Guaranteed Elements. The Company shall set all rider charges, interest rates to be credited on the Reinsured Contracts and other non-guaranteed elements of the Reinsured Contracts (“Non-Guaranteed Elements”) from and after the Inception Date. The Company shall allow the Reinsurer to participate in all decisions made by the Company with respect to setting Non-Guaranteed Elements.

Appears in 3 contracts

Sources: Reinsurance Agreement (Genworth Financial Inc), Reinsurance Agreement (Genworth Financial Inc), Reinsurance Agreement (Ge Life & Annuity Assurance Co)

Non-Guaranteed Elements. The Company shall set all rider charges, interest rates to be credited on the Reinsured Contracts and other non-guaranteed elements of the Reinsured Contracts ("Non-Guaranteed Elements") from and after the Inception Date. The Company shall allow the Reinsurer to participate in all decisions made by the Company with respect to setting Non-Guaranteed Elements.

Appears in 2 contracts

Sources: Reinsurance Agreement (Ge Life & Annuity Assurance Co Iv), Reinsurance Agreement (Ge Capital Life Separate Account Ii)