Common use of Receipt of Premium Clause in Contracts

Receipt of Premium. The initial and subsequent reinsurance premiums must be received by the Reinsurer as stated in Article 9 in order to maintain the Reinsurer's liability on each individual risk.

Appears in 7 contracts

Samples: Assignment, Transfer and Novation Agreement (Ameritas Variable Separate Account V), Coinsurance Agreement (Cuna Mutual Variable Life Insurance Account), Yrt Agreement (Jnlny Separate Account Iv)

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Receipt of Premium. The initial and subsequent reinsurance premiums must be received by the Reinsurer as stated in Article 9 in order to maintain the Reinsurer's ’s liability on each individual risk.

Appears in 4 contracts

Samples: Coinsurance Agreement (Thrivent Variable Life Account I), Coinsurance Agreement (Kansas City Life Insurance Co), Coinsurance Agreement (Thrivent Variable Life Account I)

Receipt of Premium. The initial and subsequent reinsurance premiums must be received by the Reinsurer as stated in Article 9 8 in order to maintain the Reinsurer's liability on each individual risk.

Appears in 2 contracts

Samples: Yrt Agreement (Nationwide Provident Vli Separate Account A), Yrt Agreement (Nationwide Provident Vli Separate Account 1)

Receipt of Premium. The initial and subsequent reinsurance premiums premium must be received by the Reinsurer as stated in Article 9 8 in order to maintain the Reinsurer's liability on each individual risk.

Appears in 1 contract

Samples: Reinsurance Agreement (Ameritas Variable Separate Account V)

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Receipt of Premium. The initial and subsequent reinsurance premiums must be received by the Reinsurer as stated in Article 9 Articles 8 and 10 in order to maintain the Reinsurer's ’s liability on each individual riskPolicy.

Appears in 1 contract

Samples: Coinsurance Agreement (Fortune v Separate Account)

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