Experience Refunds. Reinsurance under this agreement shall not be eligible for an experience refund. [page break]
Experience Refunds. 1. The schedule of reinsurance premiums applicable to reinsurance ceded under the terms of this Agreement has been especially designed to require minimum cash outlay. Therefore, reinsurance ceded under the terms of this Agreement will not be considered eligible for participation in experience refunds.
Experience Refunds. Within one hundred fifty (150) days following the end of each calendar quarter commencing on or after January 1, 2015 (the “Experience Refund Commencement Date”) (or following such later period as may be reasonably justified if required financial information is then unavailable), the Ceding Company will provide to the Reinsurer its specification of the amount of any Experience Refund due in respect of the Additional Assumed Policies with respect to such quarter, including therewith a specification of the material supporting computations and copies of related financial computations. Subject to Section 13.1 of the Reinsurance Agreement, the Reinsurer shall pay to the Ceding Company the amount of any Experience Refund in accordance with the settlement procedures set forth in the Reinsurance Agreement. For purposes of this Section 16, “Experience Refunds” shall mean the amounts determined in accordance with the provisions of Annex B.
Experience Refunds. Lincoln shall not pay an experience refund to SAFECO.
Experience Refunds. Reinsurance under this Agreement shall not be eligible for an experience refund. [page break] Automatic and Facultative YRT Reinsurance Agreement
Experience Refunds. In the event that all or any portion of any experience refund earned in calendar year 2004 pursuant to any Retroceded Reinsurance Contract is received by either Seller prior to Closing, such Seller shall pay the amount so received to SRUS or Newco, as applicable, at the Closing.
Experience Refunds. Lincoln shall not pay an experience refund to USAA.
Experience Refunds. 1) At the end of each quarter, an experience refund will be calculated and, if positive, paid by the Reinsurer to the Company. The Company will self-administer the calculation and reporting of any such amount due (the “Experience Refund Amount”), in accordance with Article VIII. The calculation of the Experience Refund Amount is described in Exhibit E. …END OF ARTICLE VII
Experience Refunds. The experience refunds will be computed in accordance with Schedule B hereto and shall be based upon experience of the Risks Reinsured under this Agreement.
Experience Refunds. Life reinsurance accepted under the Agreement will be eligible for experience refunds, as outlined in Schedule B.
