Common use of Partial Recapture Clause in Contracts

Partial Recapture. If only some of the Riders reinsured hereunder are recaptured, as described in Article I, Paragraph 5, then the accounting and settlements described above will thereafter be made with respect to the remaining Riders reinsured hereunder and not recaptured. Adjustments in the amounts due from either the Ceding Company or the Reinsurer will be made accordingly.

Appears in 3 contracts

Samples: Reinsurance Agreement (Lincoln Life Variable Annuity Account N), Reinsurance Agreement (Lincoln Life Variable Annuity Account N), Reinsurance Trust Agreement (Lincoln Life Variable Annuity Account N)

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Partial Recapture. If as permitted under the terms of this Agreement, only some of the Riders reinsured hereunder are recaptured, as described in Article I, Paragraph 5, then the accounting and settlements described above will thereafter be made with respect to the remaining Riders reinsured hereunder and not recaptured. Adjustments in the amounts due from either the Ceding Company or the Reinsurer will be made accordingly.

Appears in 2 contracts

Samples: Reinsurance Agreement, Reinsurance Agreement (Separate Account a of Pacific Life Insurance Co)

Partial Recapture. If If, as permitted under the terms of this Agreement, only some of the Riders reinsured hereunder are recaptured, as described in Article I, Paragraph 5, then the accounting and settlements described above will thereafter be made with respect to the remaining Riders reinsured hereunder and not recaptured. Adjustments in the amounts due from either the Ceding Company or the Reinsurer will be made accordingly.

Appears in 1 contract

Samples: Reinsurance Agreement (Pruco Life Flexible Premium Variable Annuity Account)

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Partial Recapture. If only some of the Riders reinsured hereunder are recaptured, as described in Article IVI, Paragraph 52, then the accounting and settlements described above will thereafter be made with respect to the remaining Riders reinsured hereunder and that have not been recaptured. Adjustments in the amounts due from either the Ceding Company or the Reinsurer will be made accordingly.

Appears in 1 contract

Samples: Reinsurance Agreement (Lincoln Life Variable Annuity Account N)

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