Premium Taxes definition

Premium Taxes means all taxes assessed in respect of the Premiums under the Reinsured Contracts by any Governmental Authority.
Premium Taxes means the taxes, assessments, and fees imposed on premiums relating to the Policies by any state, local, or municipal taxing authority together with any related interest, penalties and additional amounts imposed by any taxing authority with respect thereto, including retaliatory taxes.
Premium Taxes. Any premium taxes paid to any governmental entity are charged against Purchase Payments or a Certificate Holder's Account. We may, at our sole discretion, pay premium taxes when due and deduct that amount from the Certificate Holder's Account at a later date. Payment at an earlier date does not waive any right We may have to deduct amounts at a later date.

Examples of Premium Taxes in a sentence

  • For each Monthly Accounting Period, the Parties shall cooperate and provide the other with information regarding Allocated Premium Taxes which is reasonably necessary to calculate the Net Settlement.

  • The amount of Allocated Premium Taxes included in Reinsured Liabilities is an allowance for any Premium Taxes, and, notwithstanding anything to the contrary in this Agreement, the Reinsurer shall have no additional obligation to reinsure, indemnify or reimburse the Ceding Company for any Premium Taxes.


More Definitions of Premium Taxes

Premium Taxes means any Taxes imposed on premiums relating to the Reinsured Policies.
Premium Taxes means any Taxes that constitute General Account Liabilities as provided for in the Reinsurance Agreement.
Premium Taxes has the meaning ascribed thereto in Section 1.6(b).
Premium Taxes has the meaning set forth in the Indemnity Reinsurance Agreement.
Premium Taxes means any Taxes payable with respect to Premiums received in respect of the Covered Insurance Policies, including assessments or similar charges to the extent attributable to Premiums received or accrued in connection with participation by the Ceding Company or the Reinsurer, whether voluntary or involuntary, in any guaranty association established or governed by any Governmental Body.
Premium Taxes. Any taxes paid to any governmental entity relating to the Certificate will be deducted from the Purchase Payment or Certificate Value. The Company may, in its sole discretion, pay taxes when due and deduct that amount from the Contract Value at a later date. Payment at an earlier date does not waive any right the Company may have to deduct amounts at a later date.
Premium Taxes means all state and local premium taxes actually paid or payable (and documented) by the Ceding Company to the extent such taxes are assessed with respect to the Coinsured Contracts or Premiums with respect thereto.