Federal Taxes. All federal income taxes, together with all interest and penalties with respect thereto.
Federal Taxes. 1. The Company and Swiss Re Life & Health 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 shall be effective as of the Effective Date of this Agreement and for all subsequent taxable years for which this Agreement remains in effect.
(a) The term “party” will refer to either the Company or Swiss Re Life & Health, as appropriate.
(b) The terms used in this Article are defined by reference to Regulation 1.848-2 in effect December 1992.
(c) The party with the net positive consideration for this Agreement for each taxable year will capitalize specified policy acquisition expenses with respect to this Agreement without regard to the general deductions limitation of Section 848(c)(1).
(d) Both parties agree to exchange information pertaining to the amount of net consideration under this Agreement each year to ensure consistency or as otherwise required by the Internal Revenue Service.
(e) The Company will submit a schedule to Swiss Re Life & Health by May 1 of each year of its calculation of the net consideration for the preceding calendar year. This schedule of calculations will be accompanied by a statement stating that the Company will report such net consideration in its tax return for the preceding calendar year.
(f) Swiss Re Life & Health may contest such calculation by providing an alternative calculation to the Company by June 1. If Swiss Re Life & Health does not so notify the Company, the Company will report the net consideration as determined by the Company in the Company’s tax return for the previous calendar year.
(g) If Swiss Re Life & Health contests the Company’s calculation of the net consideration, the parties will act in good faith to reach an agreement as to the correct amount by July 1. If the Company and Swiss Re Life & Health reach agreement on an amount of the net consideration, each party shall report such amount in their respective tax returns for the previous calendar year.
2. Swiss Re Life & Health and the Company represent and warrant that they are subject to U.S. taxation under Subchapter L of Chapter 1 of the Internal Revenue Code.
Federal Taxes. 1. The Company and North American Re 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 shall be effective as of the Effective Date of this Agreement and for all subsequent taxable years for which this Agreement remains in effect.
(a) The term “party” will refer to either the Company or North American Re as appropriate.
(b) The terms used in this Article are defined by reference to Regulation 1.848-2 in effect December 1992.
(c) The party with the net positive consideration for this Agreement for each taxable year will capitalize specified policy acquisition expenses with respect to this Agreement without regard to the general deductions limitation of Section 848(c) (1).
(d) Both parties agree to exchange information pertaining to the amount of net consideration under this Agreement each year to ensure consistency or as otherwise required by the Internal Revenue Service.
(e) The Company will submit a schedule to North American Re by May 1 of each year of its calculation of the net consideration for the preceding calendar year. This schedule of calculations will be accompanied by a statement stating that the Company will report such net consideration in its tax return for the preceding calendar year.
(f) North American Re may contest such calculation by providing an alternative calculation to the Company by June 1. If North American Re does not so notify the Company, the Company will report the net consideration as determined by the Company in the Company’s tax return for the previous calendar year.
(g) If North American Re contests the Company’s calculation of the net consideration, the parties will act in good faith to reach an agreement as to the correct amount by July 1. If the Company and North American Re reach agreement on an amount of the net consideration, each party shall report such amount in their respective tax returns for the previous calendar year.
2. North American Re and the Company represent and warrant that they are subject to U.S. taxation under Subchapter L of Chapter 1 of the Internal Revenue Code.
Federal Taxes. Except as may be otherwise provided in this subcontract, the subcontract price includes all applicable Federal taxes in effect on the subcontract date.
Federal Taxes. Some or all of the withdrawal may be income on which you must pay tax. We must report such income according to the tax laws; this may differ from the way we charge withdrawals against the contract for purposes of interest crediting. We may also be required to withhold taxes from amounts otherwise payable. In addition, there may be tax penalties if you make a withdrawal before age 59 1/2.
Federal Taxes. The Company and Swiss Re America 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 shall be effective as of the Effective Date of this Agreement and for all subsequent taxable years for which this Agreement remains in effect.
Federal Taxes. The Fund intends to continue to comply with provisions of the Internal Revenue Code applicable to regulated investment companies and to distribute all of its taxable income, including any net realized gain on investments not offset by loss carryovers, to shareholders. Therefore, no federal income or excise tax provision is required. As of October 31, 2001, the Fund had available for federal income tax purposes unused capital loss carryovers as follows: EXPIRING
Federal Taxes. A. If the Applicant is a corporation, it certifies either that (1) the corporation has no unpaid Federal tax liability that has been assessed, for which all judicial and administrative remedies have been exhausted or have lapsed, that is not being paid in a timely manner pursuant to an agreement with the authority responsible for collecting the tax liability, or (2) the corporation has provided written notice of such an unpaid tax liability (or liabilities) to the Department (for OJP Applicants, to OJP at Xxxxxxxxxxxxxxxxxxxxxx@xxxxx.xxx; for OVW Applicants, to OVW at XXX.XXXX@xxxxx.xxx).
B. Where the Applicant is unable to certify to any of the statements in this certification, it shall attach an explanation to this application.
Federal Taxes. You have agreed to make a timely election pursuant to Section 83(b) of the Code to be taxed on the Grant Date as if you were then fully vested in all of the Restricted Shares. You agree to timely notify the Company of such election and send the Company a copy thereof. You acknowledge that it is your sole responsibility, and not the Company’s, to file timely and properly the Code Section 83(b) election. The Company shall report any taxable income in respect of the grant and/or vesting of the Restricted Stock Award to the appropriate taxing authorities as it determines to be necessary and appropriate. You should consult your personal tax advisor for more information concerning the tax treatment of your Restricted Stock Award. We are excited to give you this opportunity to share in our future success. Please indicate your acceptance of the Restricted Stock Award, including the representations set forth above your signature, and that you have read and understand the terms of the Plan and this Award Agreement by signing and returning a copy of this Award Agreement to the address set forth below. Sincerely, /S/ XXXXXXXXXXX X. XXXXX By executing this Award Agreement, you acknowledge the following:
(a) You will become a party to this Award Agreement on the date hereof and, without any further action, the Stockholders Agreement. Other than the Company, no party to the Stockholders Agreement will have any obligation to you under this Award Agreement.
(b) You are acquiring the Shares for investment purposes only and not with a view to, or for, distribution, resale or fractionalization thereof, in whole or in part, in each case under circumstances which would require registration thereof under the Securities Act, or any applicable state securities laws.
(c) You have not been given any oral or written information, representations or assurances by Issuer or any representative thereof in connection with your acquisition of the Shares other than as set forth in this Agreement. You are relying on your own business judgment and knowledge concerning the business, financial condition and prospects of the Company in making the decision to acquire the Shares. You acknowledge that no person or entity has been authorized to give any information or to make any representation relating to the Shares or the Company, other than as contained in this Agreement and, if given or made, information received from any person and any representation, other than as aforesaid, must not be relied ...
Federal Taxes. The Ceding Company and 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 shall be effective as of the effective date of this Agreement and for all subsequent taxable years for which this Agreement remains in effect.
(a) The term "party" shall refer to either the Ceding Company or the Reinsurer as appropriate.
