Common use of REINSURANCE PREMIUM Clause in Contracts

REINSURANCE PREMIUM. Each Accounting Period, the Cedent shall pay to the Reinsurer a "Reinsurance Premium" in an amount equal to the Reinsurer's quota share of the gross Policy premiums and deposits collected during the Accounting Period by the Cedent, net of any premiums paid under any Existing Reinsurance as defined in Schedule B. The Reinsurance Premiums paid to the Reinsurer by the Cedent shall be remitted to the Reinsurer at the end of the Accounting Period during which the gross premiums were collected by the Cedent.

Appears in 13 contracts

Samples: Reinsurance Agreement (Metlife Investors Usa Separate Account A), Reinsurance Agreement (First Metlife Investors Variable Annuity Account One), Reinsurance Agreement (Metlife Investors Variable Annuity Account One)

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