Common use of Rate Guarantee Clause in Contracts

Rate Guarantee. A. The YRT rates set out in this Agreement are fixed for the twelve month period following the policy date of any any Covered Policy. Thereafter, and with respect to any rate increase pursuant to paragraphs B or C of this section, reinsurance rates may not exceed the U.S. statutory net valuation premium applicable to the Covered Policies, calculated using the appropriate guaranteed mortality table and interest assumption.

Rate Guarantee. A. The YRT rates set out in this Agreement are fixed for the twelve month period following the policy date of any any Covered PolicyPolicy . Thereafter, and with respect to any rate increase pursuant to paragraphs B or C of this section, reinsurance rates may not exceed the U.S. statutory net valuation premium applicable to the Covered Policies, calculated using the appropriate guaranteed mortality table and interest assumption.

Rate Guarantee. A. The YRT rates set out in this Agreement are fixed for the twelve month period following the policy date of any any Covered Policy. Thereafter, and with respect to any rate increase pursuant to paragraphs B or C of this section, reinsurance rates may not exceed the U.S. statutory net valuation premium applicable to the Covered Policies, calculated using the appropriate guaranteed mortality table and interest assumption.