Annual Adjustment. The Company shall pay or provide to the Administrator the benefit of any Post-Effective Date Assessments which have been or can be applied to reduce the Company’s premium tax liability (“Premium Tax Credits”). The Company shall provide to the Administrator by March 15 of each year a statement of the amount of Premium Tax Credits for the prior calendar year and the Company will pay or credit to the Administrator an amount equal to such Premium Tax Credits.
Appears in 5 contracts
Samples: Administrative Services Agreement (Genworth Financial Inc), Coinsurance Agreement (Genworth Financial Inc), Coinsurance Agreement (Genworth Financial Inc)
Annual Adjustment. The Company shall pay or provide to the Administrator the benefit of any Post-Effective Date Assessments which have been or can be applied to reduce the Company’s premium tax liability (“Premium Tax Credits”). The Company shall provide to the Administrator by March 15 of each year a statement of the amount of Premium Tax Credits for the prior calendar year and the Company will pay or credit to the Administrator an amount equal to such Premium Tax Credits.. ARTICLE VIII
Appears in 2 contracts
Samples: Coinsurance Agreement (Genworth Financial Inc), Administrative Services Agreement (Genworth Financial Inc)
