Termination Rate. For Accounting Periods beginning January 1, 1995 and thereafter, the Termination Rate in any Accounting Period equals 1 - [(i) / (ii)], where:
Appears in 2 contracts
Samples: Reinsurance Agreement (North American Security Life Insurance Co), Reinsurance Agreement (Manufacturers Life Insurance Co of North America Sep Acc A)
Termination Rate. For Accounting Periods beginning January 1, 1995 and thereafter, the The Termination Rate in any Accounting Period equals 1 - [(i) / divided by (ii)], where:
Appears in 2 contracts
Samples: Reinsurance Agreement (North American Security Life Insurance Co), Reinsurance Agreement (Manufacturers Life Insurance Co of North America Sep Acc A)