Reinsurance Premiums. 1. The premium for each Covered Policy reinsured pursuant to this Agreement will be: (a) the quota share shown on Schedule A; multiplied by (b) the reinsurance premium rate calculated in accordance with Schedule B applied to the net amount at risk (hereinafter, the "Reinsurance Premium").
Appears in 10 contracts
Samples: Reinsurance Agreement (New York Life Ins & Annuity Corp Var Univ Life Sep Acc I), Reinsurance Agreement (New York Life Ins & Annuity Corp Var Univ Life Sep Acc I), Reinsurance Agreement (New York Life Ins & Annuity Corp Var Univ Life Sep Acc I)
Reinsurance Premiums. 1. The premium for each Covered Policy reinsured pursuant to this Agreement will be: (a) the quota share shown on Schedule A; multiplied by (b) the reinsurance premium rate calculated in accordance with Schedule B C applied to the net amount at risk (hereinafter, the "Reinsurance Premium").
Appears in 1 contract
Samples: Reinsurance Agreement (New York Life Ins & Annuity Corp Var Univ Life Sep Acc I)
