Common use of DAC TAX Clause in Contracts

DAC TAX. The parties hereto agree to the following pursuant to Section 1.848-2(g)(8) of the Income Tax Regulations issued December 1992, under Section 848 of the Internal Revenue Code of 1986, as amended. This election shall be effective for 2004 and for all subsequent taxable years for which this Agreement remains in effect.

Appears in 3 contracts

Samples: Coinsurance Agreement, Coinsurance Agreement (American Equity Investment Life Holding Co), Coinsurance Agreement (FBL Financial Group Inc)

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DAC TAX. TREASURY REGULATION SECTION 1.848-2(G)98) ELECTION The parties hereto CEDING COMPANY and the REINSURER hereby agree to the following pursuant to Section 1.848-2(g)(8) of the Income Tax Regulations issued December 29, 1992, under Section 848 of the Internal Revenue Code of 1986, as amended. This election shall be effective for 2004 the year this Agreement becomes effective and for all subsequent taxable years for which this Agreement remains in effect.

Appears in 2 contracts

Samples: Automatic Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account H), Automatic Reinsurance Agreement (Manufacturers Life Insurance Co Usa Separate Account H)

DAC TAX. TREASURY REGULATION SECTION 1.848-2(G)(8) ELECTION The parties hereto CEDING COMPANY and the REINSURER hereby agree to the following pursuant to Section 1.848-2(g)(8) of the Income Tax Regulations issued December 29, 1992, under Section 848 of the Internal Revenue Code of 1986, as amended. This election shall be effective for 2004 the year this Agreement becomes effective and for all subsequent taxable years for which this Agreement remains in effect.

Appears in 2 contracts

Samples: Annuity Reinsurance Agreement (Variable Separate Account of Anchor National Life Insur Co), Automatic Reinsurance Agreement (Variable Annuity Account Seven)

DAC TAX. TREASURY REGULATION SECTION 1.848-2(g)98) ELECTION The parties hereto CEDING COMPANY and the REINSURER hereby agree to the following pursuant to Section 1.848-2(g)(8) of the Income Tax Regulations issued December 29, 1992, . under Section 848 of the Internal Revenue Code of 1986, as amended. This election shall be effective for 2004 the year this Agreement becomes effective and for all subsequent taxable years for which this Agreement remains in effect.

Appears in 1 contract

Samples: Automatic Reinsurance Agreement (John Hancock Life Insurance Co of New York Separate Account A)

DAC TAX. The parties hereto agree to the following pursuant to Section 1.848-2(g)(8) of the Income Tax Regulations issued December 1992, under Section 848 of the Internal Revenue Code of 1986, as amended. This election shall be effective for 2004 2001 and for all subsequent taxable years for which this Agreement remains in effect.

Appears in 1 contract

Samples: Coinsurance Agreement (American Equity Investment Life Holding Co)

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DAC TAX. 1. The parties hereto mutually agree to the following pursuant to Section 1.848-2(g)(82 (g) (8) of the Income Tax Regulations Regulation issued December 199229, 1992 under Section 848 of the Internal Revenue Code of 1986, as amended. This election shall will be effective for 2004 and for all subsequent taxable years for which this Agreement remains in effect. The terms used in this Section are defined in Regulation Section 1.848-2 in effect as of December 29, 1992. The term "net consideration" will refer to net consideration as defined in Section 1.848-2 (f).

Appears in 1 contract

Samples: Automatic Yrt Reinsurance Agreement (Phlvic Variable Universal Life Account)

DAC TAX. The parties hereto agree Pursuant to the following pursuant to Section §1.848-2(g)(8) of the Income Tax Regulations issued December 1992December, 1992 under Section §848 of the Internal Revenue Code of 1986, as amended. This , CUL and AHL agree to the following election shall be effective for 2004 the current tax year and for all subsequent taxable tax years for which this Agreement remains in effect. The terms used in this Article are defined by reference to Regulation Section 1.848-2 in effect December, 1992.

Appears in 1 contract

Samples: Reinsurance and Administrative Services Agreement (Allstate Life Insurance Co)

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