Common use of Dividends and Taxes Clause in Contracts

Dividends and Taxes. (LM-00600-2005.06.02-A) In consideration of the terms of this Contract, the Company shall not claim any deduction in respect of any amount paid as dividends or as reinsurance premium when making tax returns, other than income or profits tax returns to any State or to the District of Columbia.

Appears in 6 contracts

Samples: Novation and Amendment Agreement (Liberty Mutual Agency Corp), Novation and Amendment Agreement (Liberty Mutual Agency Corp), Property Per Risk Excess of Loss Reinsurance Contract (Liberty Mutual Agency Corp)

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Dividends and Taxes. (LM-00600-2005.06.02-A) In consideration of the terms of this Contract, the Company shall not claim any deduction in respect of any amount paid as dividends or as reinsurance premium when making tax returns, other than income or profits tax returns to any State or to the District of Columbia.

Appears in 3 contracts

Samples: Workers’ Compensation Clash Excess of Loss Reinsurance Contract (Liberty Mutual Agency Corp), Commercial Umbrella Excess of Loss Reinsurance Contract (Liberty Mutual Agency Corp), Workers’ Compensation Clash Excess of Loss Reinsurance Contract (Liberty Mutual Agency Corp)

Dividends and Taxes. (LM-00600-2005.06.022008.10.10-A) In consideration of the terms of this Contract, the Company shall not claim any deduction in respect of any amount paid as dividends or as reinsurance premium when making tax returns, other than income or profits tax returns returns, to any State or to the District of Columbia.

Appears in 3 contracts

Samples: Property Catastrophe Excess of Loss Reinsurance Contract (Liberty Mutual Agency Corp), Property Catastrophe Excess of Loss Reinsurance Contract (Liberty Mutual Agency Corp), Property Catastrophe Excess of Loss Reinsurance Contract (Liberty Mutual Agency Corp)

Dividends and Taxes. (LM-00600-2005.06.02-A) In consideration of the terms of this ContractAgreement, the Company shall not claim any deduction in respect of any amount paid as dividends or as reinsurance premium when making tax returns, other than income or profits tax returns to any State or to the District of Columbia.

Appears in 2 contracts

Samples: Reinsurance Agreement (Liberty Mutual Agency Corp), Quota Share Reinsurance Agreement (Liberty Mutual Agency Corp)

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Dividends and Taxes. (LM-00600-2005.06.02-A) In consideration of the terms of this Contract, the Company shall not claim any deduction in respect of any amount paid as dividends or as reinsurance premium when making tax returns, other than income or profits tax returns to any State or to the District of Columbia.. ARTICLE XIX —

Appears in 1 contract

Samples: Workers’ Compensation Clash Excess of Loss Reinsurance Contract

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