DAC Tax Adjustment. (a) To the extent that Section 848 of the Code and corresponding Treasury Regulations Section 1.848-2 are applicable to the Reinsured Contracts, the Ceding Company and the Reinsurer hereby make the joint election provided for in Treasury Regulations Section 1.848-2(g)(8) (the “DAC Tax Election”) and agree as follows:
Appears in 12 contracts
Samples: Coinsurance and Modified Coinsurance Agreement (Metropolitan Tower Separate Account Two), Coinsurance and Modified Coinsurance Agreement (Metropolitan Life Separate Account E), Coinsurance and Modified Coinsurance Agreement (Metropolitan Life Separate Account E)
DAC Tax Adjustment. (a) To the extent that Section 848 of the Code and corresponding Treasury Regulations Section 1.848-2 are applicable to the Reinsured Contracts, the Ceding Company and the Reinsurer hereby make the joint election provided for in Treasury Regulations Section 1.848-1.848- 2(g)(8) (the “DAC Tax Election”) and agree as follows:
Appears in 2 contracts
Samples: Coinsurance and Modified Coinsurance Agreement (Minnesota Life Variable Life Account), Coinsurance and Modified Coinsurance Agreement (John Hancock Life Insurance Co of New York Separate Account A)
DAC Tax Adjustment. (a) To the extent that Section 848 of the Code and corresponding Treasury Regulations Section Regulation 1.848-2 are applicable to the Reinsured Contracts, the Ceding Company and the Reinsurer hereby make the joint election provided for in Treasury Regulations Section Regulation 1.848-2(g)(8) (the “DAC Tax Election”) and agree as follows:
Appears in 1 contract
