Common use of DAC TAX ELECTION STATEMENT Clause in Contracts

DAC TAX ELECTION STATEMENT. 1. The Ceding Company and Continental hereby agree to the following pursuant to Section 1.848-2(g)(8) of the Income Tax Regulation issued December 1992, under Section 848 of the Internal Revenue Code of 1986, as amended. This election will be effective June 1, 1999 and all subsequent taxable years for which this agreement remains in effect.

Appears in 5 contracts

Samples: Reinsurance Agreement (Talcott Resolution Life Insurance Co Separate Account Two), Reinsurance Agreement (Talcott Resolution Life & Annuity Insurance Co Separate Account One), Reinsurance Agreement (Hartford Life Insurance Co Separate Account Ten)

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DAC TAX ELECTION STATEMENT. 1. The Ceding Company and Continental Reinsurer hereby agree to the following pursuant to Section 1.848-2(g)(8) of the Income Tax Regulation issued December 1992, under Section 848 of the Internal Revenue Code of 1986, as amended. This election will be effective June 1, 1999 for 1992 and all subsequent taxable years for which this agreement remains in effect.

Appears in 3 contracts

Samples: Benefit Reinsurance Agreement (Separate Account a of Equitable Life Assu Soc of the Us), Benefit Reinsurance Agreement (Separate Account a of Equitable Life Assu Soc of the Us), Benefit Reinsurance Agreement (Separate Account a of Equitable Life Assu Soc of the Us)

DAC TAX ELECTION STATEMENT. 1. The Ceding Company and Continental hereby agree to the following pursuant to Section 1.848-2(g)(8) of the Income Tax Regulation issued December 1992, under Section 848 of the Internal Revenue Code of 1986, as amended. This election will be effective June 1, 1999 for 1992 and all subsequent taxable years for which this agreement remains in effect.

Appears in 3 contracts

Samples: Guaranteed Minimum Death Benefit Reinsurance Agreement (Variable Account D of Union Security Insurance Co), Guaranteed Minimum Death Benefit Reinsurance Agreement (Variable Account D of Union Security Insurance Co), Ge Capital Life Separate Account Ii

DAC TAX ELECTION STATEMENT. 1. The Ceding Company and Continental the Reinsurer hereby agree to the following pursuant to Section 1.848-2(g)(8) of the Income Tax Regulation issued December 1992, under Section 848 of the Internal Revenue Code of 1986, as amended. This election will shall be effective June 1, 1999 for 1992 and all subsequent taxable years for which this agreement remains in effect.

Appears in 1 contract

Samples: Self Administered Automatic Yearly Renewable Term Reinsurance Agreement (Life Insurance Separate Account of Usaa Life Insurance Co)

DAC TAX ELECTION STATEMENT. 1. The Ceding Company and Continental hereby agree to the following pursuant to Section 1.848-2(g)(8) of the Income Tax Regulation issued December 1992, under Section 848 of the Internal Revenue Code of 1986, as amended. This election will be effective June January 1, 1999 2000 and all subsequent taxable years for which this agreement remains in effect.

Appears in 1 contract

Samples: Novation Agreement (Metlife of Ct Separate Account Eleven for Variable Annuities)

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DAC TAX ELECTION STATEMENT. 1. The Ceding Company and Continental ___________ hereby agree to the following pursuant to Section 1.848-2(g)(8) of the Income Tax Regulation Regulations issued December 199229,1992, under Section 848 of the Internal Revenue Code of 1986, as amended. This election will shall be effective June 1for 1991 taxable year for all amounts of consideration arising after November 14, 1999 1991 and for all subsequent taxable years for which this agreement remains in effect.

Appears in 1 contract

Samples: Automatic Yearly Renewable Term Reinsurance Agreement (National Variable Life Insurance Account)

DAC TAX ELECTION STATEMENT. 1. The Ceding Company and Continental hereby agree to the following pursuant to Section 1.848-2(g)(81.8482(g)(8) of the Income Tax Regulation issued December 1992, under Section 848 of the Internal Revenue Code of 1986, as amended. This election will be effective June 1, 1999 for 1992 and all subsequent taxable years for which this agreement remains in effect.

Appears in 1 contract

Samples: Reinsurance Agreement (Ge Life & Annuity Assurance Co Iv)

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