Federal Excise Tax. A. The Reinsurer has agreed to allow for the purpose of paying the Federal Excise Tax the applicable percentage of the premium payable hereon as imposed under Section 4371 of the Internal Revenue Code to the extent such premium is subject to the Federal Excise Tax.
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Samples: Liabilities Agreement (Philadelphia Consolidated Holding Corp), Interests and Liabilities Agreement (Philadelphia Consolidated Holding Corp), Liabilities Agreement (Philadelphia Consolidated Holding Corp)
Federal Excise Tax. A. The Reinsurer has agreed to allow for the purpose of paying the Federal Excise Tax the applicable percentage of the premium payable hereon (as imposed under Section 4371 of the Internal Revenue Code Code) to the extent such premium is subject to the Federal Excise Tax.
Appears in 12 contracts
Samples: Interests and Liabilities Agreement (Safety Insurance Group Inc), Interests and Liabilities Agreement (James River Group, INC), Interests and Liabilities Agreement (Safety Insurance Group Inc)
Federal Excise Tax. A. The Reinsurer has agreed to will allow for the purpose of paying the federal excise tax (“Federal Excise Tax Tax”) the applicable percentage of the premium Premiums payable hereon as imposed under Section 4371 of the Internal Revenue Code hereunder to the extent such premium is Premiums are subject to the Federal Excise TaxTax and will, in all cases, indemnify the Ceding Company for any Federal Excise Tax liability with respect to the Premiums payable hereunder.
Appears in 7 contracts
Samples: Combination Coinsurance and Modified Coinsurance Agreement (SAFG Retirement Services, Inc.), Modified Coinsurance Agreement (SAFG Retirement Services, Inc.), Combination Coinsurance and Modified Coinsurance Agreement (SAFG Retirement Services, Inc.)
Federal Excise Tax. A. The Reinsurer has agreed to allow for the purpose of paying the Federal Excise Tax the applicable percentage 1.0% of the premium payable hereon as imposed under Section 4371 of the Internal Revenue Code to the extent such premium is subject to the Federal Excise Tax.
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Samples: Healthcare Liability (Allied World Assurance Co Holdings LTD)
Federal Excise Tax. A. (a) The Reinsurer has agreed agrees to allow for the purpose of paying the Federal Excise Tax the applicable percentage of the premium payable hereon (as imposed under Section 4371 of the Internal Revenue Code Code) to the extent such premium is subject to the Federal Excise Tax.
Appears in 1 contract
Samples: Aggregate Excess of Loss Reinsurance Agreement (Superior National Insurance Group Inc)
Federal Excise Tax. A. The Reinsurer has agreed to Reinsurers will allow for the purpose of paying the Federal Excise Tax the applicable percentage of the premium payable hereon (as imposed under Section 4371 of the Internal Revenue Code Code) to the extent such premium is subject to the Federal Excise Tax.. 16\AQUA1007 Page 15
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Federal Excise Tax. A. The Reinsurer has agreed to allow for the purpose of paying the Federal Excise Tax the applicable percentage of the premium payable hereon as imposed under Section 4371 of the Internal Revenue Code to the extent such premium is subject to the Federal Excise Tax.. 06\M2U1137 (XXXXXXXX LOGO)
Appears in 1 contract
Samples: Interests and Liabilities Agreement (Philadelphia Consolidated Holding Corp)
Federal Excise Tax. A. The Reinsurer has agreed to Reinsurers will allow for the purpose of paying the Federal Excise Tax the applicable percentage of the premium payable hereon (as imposed under Section 4371 of the Internal Revenue Code Code) to the extent such premium is subject to the Federal Excise Tax.. 19\AQUA1007Page 17 AONEmpower Results®
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