TERMINATION BECAUSE OF NON-PAYMENT OF PREMIUMS. When Reinsurance Premiums are delinquent, Reinsurer shall have the right to terminate the reinsurance risks on the statement by giving Cedent thirty (30) days' written notice. As of the close of this thirty (30) day period all of Reinsurer's liability will terminate for:
Appears in 8 contracts
Samples: Reinsurance Agreement (New York Life Ins & Annuity Corp Var Univ Life Sep Acc I), Automatic (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)
TERMINATION BECAUSE OF NON-PAYMENT OF PREMIUMS. When Reinsurance Premiums are delinquent, Reinsurer shall we have the right to terminate the reinsurance risks on the statement by giving Cedent you thirty (30) days' day's written notice. As AS of the close of this thirty (30) day period all of Reinsurer's our liability will terminate for:
Appears in 1 contract
Samples: Reinsurance Agreement (New York Life Ins & Annuity Corp Var Univ Life Sep Acc I)
TERMINATION BECAUSE OF NON-PAYMENT OF PREMIUMS. When Reinsurance Premiums are delinquent, Reinsurer shall have the right to terminate the reinsurance risks on the statement by giving Cedent thirty (30) NYLIAC 2001 COLI REINSURANCE AGREEMENT days' written notice. As of the close of this thirty (30) day period all of Reinsurer's liability will terminate for:
Appears in 1 contract
Samples: Reinsurance Agreement (Corporate Sponsored Vul Separate Account I)
