Common use of Risk Amounts Clause in Contracts

Risk Amounts. 4.1 NML shall retain no mortality risk on policies in the pool. Pool Reinsurers shall share equally in the net amount at risk so long as the policy is in force including by reinstatement and operation of a nonforfeiture option, except as otherwise expressly provided in Section 5, Section 6, Exhibit G, and as follows:

Appears in 5 contracts

Sources: Reinsurance Agreement (Northwestern Mutual Variable Life Account II), Reinsurance Agreement (Northwestern Mutual Variable Life Account), Reinsurance Agreement (Northwestern Mutual Variable Life Account)