Common use of Termination Rate Clause in Contracts

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)

AutoNDA by SimpleDocs

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)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.