Reinstatements. If any Reinsured Contract that has lapsed is subsequently reinstated prior to the termination of this Agreement, the reinsurance for such Reinsured Contract under this Agreement shall be reinstated automatically. The Ceding Company shall pay the Reinsurer the Quota Share of all amounts received by the Ceding Company in connection with the reinstatement of such Reinsured Contract.
Appears in 6 contracts
Samples: Indemnity Reinsurance Agreement (Equitable Financial Life Insurance Co), Coinsurance and Modified Coinsurance Agreement (Equitable Holdings, Inc.), Coinsurance and Modified Coinsurance Agreement (Equitable Financial Life Insurance Co)
Reinstatements. If any Reinsured Contract that has lapsed lapses following the Effective Time is subsequently reinstated pursuant to the express terms of such Reinsured Contract prior to the termination of this Agreement, the reinsurance for such Reinsured Contract under this Agreement shall be reinstated automatically. The Ceding Company shall pay the Reinsurer the Quota Share of all amounts amounts, including Premiums, received by the Ceding Company in connection with the reinstatement Reinstatement of such Reinsured Contract.
Appears in 2 contracts
Samples: Coinsurance and Modified Coinsurance Agreement (Equitable Financial Life Insurance Co), Coinsurance and Modified Coinsurance Agreement (Equitable Holdings, Inc.)
Reinstatements. If any Reinsured Contract that has lapsed lapsed, been terminated or surrendered, is subsequently reinstated prior to the termination of this Agreement, the reinsurance for such Reinsured Contract under this Agreement shall be reinstated automatically. The Ceding Company shall pay the Reinsurer the Quota Share of all amounts received by the Ceding Company in connection with the reinstatement of such Reinsured Contract. Section 2.7.
Appears in 1 contract
Samples: Coinsurance and Modified Coinsurance Agreement (Prudential Annuities Life Assurance Corp/Ct)
