NML and definition

NML and. Pool Reinsurer anticipate that the premium rates specified in Exhibits A and E for individual reinsured policies will remain in effect so long as those policies are reinsured under this Agreement. Pool Reinsurer guarantees to provide the coverage at rates no higher than the yearly renewable term net premium on the valuation mortality basis of the underlying policies. If Pool Reinsurer does increase the reinsurance premium rates, NML has the right to recapture the coverage immediately at no cost or penalty.
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Examples of NML and in a sentence

  • NML and Pool Reinsurer hereby consent to the jurisdiction of such court to enforce Section 15 and to confirm and enforce the performance of any arbitration award obtained hereunder.

  • The parties agree to act in all things with the highest good faith; however, if NML and Pool Reinsurers, or any of them, cannot mutually resolve a dispute which arises out of, or relates to this Agreement, the dispute shall be decided through arbitration in accordance with the Arbitration Rules attached as Exhibit F.

  • It may be amended at any time as to all parties upon written agreement of all parties; it may be amended at any time as to NML and any Pool Reinsurer upon written agreement, signed by NML and the Pool Reinsurer.

  • In the latter case, it is NML's responsibility to notify each Pool Reinsurer of the amount of its liability for premium taxes paid by NML and to request reimbursement within six months of the close of the calendar year to which the taxes apply.

  • It may be amended at any time as to all parties upon written agreement of all parties; it may be amended at any time as to NML and Reinsurer upon written agreement, signed by NML and the Reinsurer.

  • This Agreement is executed in duplicate by NML and Pool Reinsurer by their respective officers duly authorized to do so on the date below.

  • The MTI Merger shall become effective at such time as the MTI Certificate of Merger is duly filed with the Secretary of State of the State of Nevada, or at such later time as the Parties shall agree in compliance with the NML and as shall be set forth in the MTI Certificate of Merger (such time at which the MVI Merger becomes effective is referred to in this Agreement as the “MVI Effective Time”).

  • NML and Reinsurer hereby consent to the jurisdiction of such court to enforce this Section 9 and to confirm and enforce the performance of any arbitration award obtained hereunder.

  • NML and Reinsurer hereby consent to the jurisdiction of such court to enforce this Section 8 and to confirm and enforce the performance of any arbitration award obtained hereunder.

  • As part of this agreement, NML and its “Qualified Users of QRA” agree not to make medical claims for the QRA technique, the QRA Program or other statements that are disallowed by Health Canada.