Common use of The liability of the Reinsurer Clause in Contracts

The liability of the Reinsurer. on any reinsurance under this Agreement begins upon the effective date of this Agreement as set forth in Article XV, Execution, and ends after all underlying insurance contracts associated with the reinsured HDGRO benefit riders have terminated or the business reinsured is otherwise recaptured or terminated. The liability of the Reinsurer to the Reinsured under this Agreement will be the HD GRO benefit obligation to any covered contract holder on the maturity date of the guarantee to the extent the guarantee exceeds the contract's account value, subject to the limits defined in Schedule A(2).

The liability of the Reinsurer. on any reinsurance under this Agreement begins upon the effective date of this Agreement as set forth in Article XV, Execution, and ends after all underlying insurance contracts associated with the reinsured HDGRO benefit HD7 riders have terminated or the business reinsured is otherwise recaptured or terminated. The liability of the Reinsurer to the Reinsured under this Agreement will be the HD GRO benefit remaining HD7 obligation to any covered contract holder on after the maturity date of the guarantee to the extent the guarantee exceeds the associated contract's account valuevalue has been reduced to zero, subject to the limits defined in Schedule A(2).

The liability of the Reinsurer. on any reinsurance under this Agreement begins upon the effective date of this Agreement as set forth in Article XV, Execution, and ends after all underlying insurance contracts associated with the reinsured HDGRO benefit HDLT5 riders have terminated or the business reinsured is otherwise recaptured or terminated. The liability of the Reinsurer to the Reinsured under this Agreement will be the HD GRO benefit remaining HDLT5 obligation to any covered contract holder on after the maturity date of the guarantee to the extent the guarantee exceeds the associated contract's account value, subject value has been reduced to the limits defined in Schedule A(2)zero.

The liability of the Reinsurer. on any reinsurance under this Agreement begins upon the effective date of this Agreement as set forth in Article XV, Execution, and ends after all underlying insurance contracts associated with the reinsured HDGRO benefit HD7 riders have terminated or the business reinsured is otherwise recaptured or terminated. The liability of the Reinsurer to the Reinsured under this Agreement will be the HD GRO benefit remaining HD7 obligation to any covered contract holder on after the maturity date of the guarantee to the extent the guarantee exceeds the associated contract's account value, subject value has been reduced to the limits defined in Schedule A(2)zero.

The liability of the Reinsurer. on any reinsurance under this Agreement begins upon the effective date of this Agreement as set forth in Article XV, Execution, and ends after all underlying insurance contracts associated with the reinsured HDGRO benefit HD6+ riders have terminated or the business reinsured is otherwise recaptured or terminated. The liability of the Reinsurer to the Reinsured under this Agreement will be the HD GRO benefit remaining HD6+ obligation to any covered contract holder on after the maturity date of the guarantee to the extent the guarantee exceeds the associated contract's account valuevalue has been reduced to zero, subject to the limits defined in Schedule A(2).

The liability of the Reinsurer. on any reinsurance under this Agreement begins upon the effective date of this Agreement as set forth in Article XV, Execution, and ends after all underlying insurance contracts associated with the reinsured HDGRO benefit HD7+ riders have terminated or the business reinsured is otherwise recaptured or terminated. The liability of the Reinsurer to the Reinsured under this Agreement will be the HD GRO benefit remaining HD7+ obligation to any covered contract holder on after the maturity date of the guarantee to the extent the guarantee exceeds the associated contract's account valuevalue has been reduced to zero, subject to the limits defined in Schedule A(2).