Common use of DAC Tax Election Clause in Contracts

DAC Tax Election. The Company and the Reinsurer agree to the election pursuant to Section 1.848-2(g)(8) of the Income Tax Regulations effective December 29, 1992, under Section 848 of the Internal Revenue Code of 1986, as amended (such election being referred to as the “DAC Tax Election”), whereby:

Appears in 2 contracts

Samples: Reinsurance Agreement (Allstate Assurance Co Variable Life Separate Account), Reinsurance Agreement (Allstate Life of N Y Var Life Sep Acct A)

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DAC Tax Election. The Company and the Reinsurer agree to the election pursuant to Section 1.848-2(g)(82(9)(8) of the Income Tax Regulations effective December 29, 1992, under Section 848 of the Internal Revenue Code of 1986, as amended (such election being referred to as the "DAC Tax Election"), whereby:

Appears in 1 contract

Samples: Reinsurance Agreement (Ameritas Variable Separate Account V)

DAC Tax Election. (If applicable to the Company) The Company and the Reinsurer agree to the election pursuant to Section 1.848-2(g)(82(9)(8) of the Income Tax Regulations effective December 29, . 1992, under Section 848 of the Internal Revenue Code of 1986, as amended (such election being referred to as the "DAC Tax Election"), . whereby:

Appears in 1 contract

Samples: Reinsurance Agreement (National Variable Life Insurance Account)

DAC Tax Election. The Company and the Reinsurer agree to the election pursuant to Section 1.848-2(g)(8) of the Income Tax Regulations effective December 29, 1992, under Section 848 of the Internal Revenue Code of 1986, as amended (such election being referred to as the "DAC Tax Election"), whereby:

Appears in 1 contract

Samples: Reinsurance Agreement (Lincoln Life Variable Annuity Account N)

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DAC Tax Election. The Company and the Reinsurer hereby agree to the election following pursuant to Section 1.848-2(g)(8) of the Income Tax Regulations issued December 1992 (as amended, supplemented or corrected and in effect as of the effective December 29date of this Agreement, 1992, the “Regulations”) under Section 848 of the Internal Revenue Code of 1986, as amended (such election being referred to as the “DAC Tax ElectionCode”), whereby:. This election shall be effective for 2000 and for all subsequent taxable years for which this Agreement remains in effect.

Appears in 1 contract

Samples: Stop Loss Agreement (Assured Guaranty LTD)

DAC Tax Election. (If applicable to the Company) The Company and the Reinsurer agree to the election pursuant to Section 1.848-2(g)(8) of the Income Tax Regulations effective December 29, 1992, under Section 848 of the Internal Revenue Code of 1986, as amended (such election being referred to as the "DAC Tax Election"), whereby:

Appears in 1 contract

Samples: Reinsurance Agreement (American Family Variable Account I)

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