Common use of Annual Tax Reserve Report Clause in Contracts

Annual Tax Reserve Report. Shortly after the close of the year, the Ceding Company shall report to the Reinsurer the amount by which the Ceding Company will reduce its tax reserve because of the reinsurance ceded under this Agreement. The details of the report should conform to the current requirements of Internal Revenue Code Section 807.

Appears in 2 contracts

Samples: Reinsurance Agreement (Chubb Separate Account C), Form of Reinsurance Agreement (Colonial Separate Account D)

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Annual Tax Reserve Report. Shortly after the close of the year, the Ceding Company CEDING COMPANY shall report to the Reinsurer REINSURER the amount by which the Ceding Company will CEDING COMPANY shall reduce its tax reserve because of the reinsurance ceded under this Agreement. The details of the report should conform to the current requirements of Internal Revenue Code Section 807.

Appears in 2 contracts

Samples: Automatic Yearly Renewable Term Agreement (Farmers Variable Life Separate Account A), Automatic Yearly Renewable Term Agreement (Farmers Variable Life Separate Account A)

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Annual Tax Reserve Report. Shortly after the close of the year, the Ceding Company CEDING COMPANY shall report to the Reinsurer REINSURER the amount by which the Ceding Company will CEDING COMPANY shall reduce its tax reserve because of the reinsurance ceded under this Agreement. The details of the report should conform to the current requirements of Internal Revenue Code Section 807.. Page American National Insurance Co Agreement No. 08-010-TL Effective: April 14,2008 Article VI, Reinsurance Administration (Continued)

Appears in 1 contract

Samples: Automatic Yrt Reinsurance Agreement (American National Variable Life Separate Account)

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