Settlement of Net Initial Consideration. The Initial Consideration minus the Initial Modified Coinsurance Adjustment minus the Initial Funds Withheld Adjustment shall be the “Net Initial Consideration.” Settlement of the Net Initial Consideration shall be made as follows:
Appears in 26 contracts
Samples: Reinsurance Agreement (Talcott Resolution Life & Annuity Insur Co Separate Account Three), Reinsurance Agreement (Talcott Resolution Life Insurance Co Separate Account Two), Reinsurance Agreement (Talcott Resolution Life & Annuity Insurance Co Separate Account Seven)