Common use of PREMIUM TAX Clause in Contracts

PREMIUM TAX. Any Premium Taxes levied by a state or other governmental entity will be charged against this Contract. When Premium Tax is assessed after the Purchase Payment is applied, it will be deducted as described on page 3. PURCHASE PAYMENT A Purchase Payment is money Received by the Company and applied to the Contract. RECEIVED BY THE COMPANY

Appears in 14 contracts

Samples: Variflex Ls, Price T Rowe Var an Acct of Fir Sec Ben Lif Ins&ann Co of Ny, Price T Rowe Variable Annuity Account

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PREMIUM TAX. Any Premium Taxes levied by a state or other governmental entity will be charged against this Contract. When Premium Tax is assessed after the Purchase Payment is applied, it will be deducted as described on page 3. PURCHASE PAYMENT A Purchase Payment is money Received by the Company and applied for allocation to the Contract. RECEIVED BY THE COMPANYParticipant Account.

Appears in 2 contracts

Samples: Variflex, Variflex

PREMIUM TAX. Any Premium Taxes levied by a state or other governmental entity will be charged against this Contract. When Premium Tax is assessed after the Purchase Payment premium is applied, it will be deducted as described on page 3. PURCHASE PAYMENT A Purchase Payment is money Received by the Company and applied to the Contract. RECEIVED BY THE COMPANY.

Appears in 1 contract

Samples: Parkstone Variable Annuity Account

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PREMIUM TAX. Any Premium Taxes levied by a state or other governmental entity will be charged against this Contract. When Premium Tax is assessed after the Purchase Payment is applied, it will be deducted as described on page 3. PURCHASE PAYMENT A Purchase Payment is money Received by the Company for allocation to a Participant Account. PURCHASE PAYMENT YEAR The first Purchase Payment Year begins on the date the Purchase Payment is applied and applied to the Contractincreases by one on each successive Purchase Payment Anniversary. RECEIVED BY THE COMPANY

Appears in 1 contract

Samples: Variflex

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