Common use of PREMIUM ADJUSTMENT Clause in Contracts

PREMIUM ADJUSTMENT. Reinsurance premiums for the interval during which the policy was lapsed will be paid to THE REINSURER by THE COMPANY.

Appears in 23 contracts

Samples: Automatic and Facultative (Pruco Life of New Jersey Variable Appreciable Account), Automatic and Facultative (Pruco Life Variable Appreciable Account), Automatic and Facultative (Pruco Life Variable Universal Account)

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PREMIUM ADJUSTMENT. Reinsurance premiums for the interval during which the policy was lapsed will be paid to THE REINSURER by THE COMPANYthe Reinsurer on the same basis as the Ceding Company charged its policy owner for the reinstatement.

Appears in 5 contracts

Samples: Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii), Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii), Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii)

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PREMIUM ADJUSTMENT. Reinsurance premiums for the interval during which the policy was lapsed will be paid to THE REINSURER by THE COMPANY____ on the same basis as CEDING COMPANY charged its policy owner for the reinstatement.

Appears in 1 contract

Samples: Reinsurance Agreement (National Variable Life Insurance Account)

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