Common use of Premium Collection Clause in Contracts

Premium Collection. The Administrator shall promptly invest in the Separate Accounts deposits collected which relate to the Separate Account portions of Reinsured Contracts (including transfers from fixed options under the Reinsured Contracts), and promptly forward funds and required information to the underlying investment management companies, in each case in accordance with the Reinsured Contracts and any applicable agreements provided by the Company to the Administrator.

Appears in 3 contracts

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

Premium Collection. The Administrator shall promptly invest in the ▇▇▇▇ Separate Accounts deposits collected which relate to the Separate Account portions of Reinsured ▇▇▇▇ Contracts (including transfers from fixed options under the Reinsured ▇▇▇▇ Contracts), and promptly forward funds and required information to the underlying investment management companiesFunds, in each case in accordance with the Reinsured Contracts ▇▇▇▇ Contracts, the current prospectus and/or statement of additional information (as each may be amended from time to time) for the relevant ▇▇▇▇ Contract, Applicable Law and any applicable agreements provided by the Company to the Administrator.

Appears in 1 contract

Sources: Administrative Services Agreement (Allstate Financial Advisors Separate Account I)