MLIC Initial Premium definition
MLIC Initial Premium has the meaning set forth in the Master Transaction Agreement.
Examples of MLIC Initial Premium in a sentence
Each of the MLIC Initial Premium, Pre-Closing Net Settlement, Transferred Assets, Estimated Initial Required Balance and Ceding Commission will be determined, adjusted, settled and paid in accordance with Article II of the Master Transaction Agreement; provided, that any adjustment applicable to the Pre-Closing Net Settlement shall be determined and settled in accordance with the second Net Settlement hereunder following the Closing Date.