DAC TAX. The Company and the Reinsurer agree to the DAC Tax Election pursuant to Section 1.848-2(g)(8) of the Income Tax Regulation under Section 848 of the Internal Revenue code of 1986, as amended, whereby:
Appears in 14 contracts
Samples: Reinsurance Agreement (John Hancock Life Insurance Co of New York Separate Account B), Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account A), Reinsurance Agreement (John Hancock Life Insurance Co of New York Separate Account B)
DAC TAX. The Company and the Reinsurer agree to the DAC Tax Election pursuant to Section 1.848-2(g)(8) of the Income Tax Regulation Regulations effective December 29, 1992, under Section 848 of the Internal Revenue code of 1986, as amended, whereby:
Appears in 2 contracts
Samples: Reinsurance Agreement (Lincoln Life & Annuity Flexible Premium Variable Life Account M), Reinsurance Agreement (Lincoln Life Flexible Premium Variable Life Account M)