Basis of Reinsurance. On and after 12:01 a.m., New York time, on the Effective Date, Ceding Company's liabilities under the Reinsured Contracts shall be reinsured on a one hundred percent (100%) indemnity coinsurance and modified coinsurance basis by Reinsurer.
Appears in 6 contracts
Samples: Service Agreement (Hancock John Variable Annuity Account H), Service Agreement (Hancock John Variable Annuity Account Jf), Service Agreement (Hancock John Variable Annuity Account U)
Basis of Reinsurance. On and after 12:01 a.m., New York time12:00 a.m. ET., on the Effective Date, Ceding Company's liabilities under the Reinsured Contracts shall be reinsured on a one hundred percent (100%) indemnity coinsurance and modified coinsurance basis net of Other Reinsurance by Reinsurer.
Appears in 2 contracts
Samples: Service Agreement (MetLife Insurance CO of Connecticut), Service Agreement (Metlife of Ct Separate Account Eleven for Variable Annuities)
Basis of Reinsurance. On and after 12:01 a.m., New York time12:00 a.m. ET., on the Effective Date, Ceding Company's liabilities under the Reinsured Contracts Policies shall be reinsured on a one hundred percent (100%) indemnity coinsurance and modified coinsurance basis net of Other Reinsurance by Reinsurer.
Appears in 2 contracts
Samples: Service Agreement (MetLife Insurance CO of Connecticut), Service Agreement (Metlife of Ct Fund Ul Iii for Variable Life Insurance)
Basis of Reinsurance. On and after 12:01 a.m., New York time, on the Effective Date, Ceding Company's ’s liabilities under the Reinsured Contracts Policies shall be reinsured on a one hundred percent (100%) indemnity coinsurance and modified coinsurance basis by Reinsurer.
Appears in 2 contracts
Samples: Service Agreement, Service Agreement (Hancock John Variable Life Account U)
