Common use of FOREIGN TAX CREDITS Clause in Contracts

FOREIGN TAX CREDITS. 15.1 Each Participating Fund agrees to consult in advance with Insurance Company concerning any decision to elect or not to pass through the benefit of any foreign tax credits to the Participating Fund's shareholders pursuant to Section 853 of the Code.

Appears in 54 contracts

Samples: Fund Participation and Service Agreement (Horace Mann Life Insurance Co Separate Account), Fund Participation Agreement (Variflex), Participation Agreement (Variable Annuity Account B)

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FOREIGN TAX CREDITS. 15.1 16.1 Each Participating Fund agrees to consult in advance with Insurance Company concerning any decision to elect or not to pass through the benefit of any foreign tax credits to the Participating Fund's ’s shareholders pursuant to Section 853 of the Code.

Appears in 14 contracts

Samples: Fund Participation Agreement (Protective NY COLI VUL), Fund Participation Agreement (Protective COLI VUL), Fund Participation Agreement (MEMBERS Horizon Variable Separate Account)

FOREIGN TAX CREDITS. 15.1 Each Participating Fund agrees to consult in advance with Insurance Company concerning any decision to elect or not to pass through the benefit of any foreign tax credits to the Participating Fund's ’s shareholders pursuant to Section 853 of the Code.

Appears in 13 contracts

Samples: Fund Participation Agreement (Horace Mann Life Insurance Co Separate Account), Fund Participation Agreement (Jefferson National Life of New York Annuity Account 1), Participation Agreement (Ml of New York Variable Annuity Separate Account A)

FOREIGN TAX CREDITS. 15.1 Each Participating Fund agrees to consult in advance with Insurance Company the Society concerning any decision to elect or not to pass through the benefit of any foreign tax credits to the Participating Fund's shareholders pursuant to Section 853 of the Code.

Appears in 2 contracts

Samples: Fund Participation Agreement (Modern Woodmen of America Variable Annuity Account), Fund Participation Agreement (Modern Woodmen of America Variable Annuity Account)

FOREIGN TAX CREDITS. 15.1 Each Participating Fund agrees to consult in advance with Insurance Company concerning any decision to elect or not elect to pass through the benefit of any foreign tax credits to the Participating Fund's shareholders pursuant to Section 853 of the Code.

Appears in 1 contract

Samples: Fund Participation Agreement (Farmers Annuity Separate Account A)

FOREIGN TAX CREDITS. 15.1 16.1 Each Participating Fund agrees to consult in advance with Insurance Company concerning any decision to elect or not to pass through the benefit of any foreign tax credits to the Participating Fund's shareholders pursuant to Section 853 of the Code.

Appears in 1 contract

Samples: Fund Participation Agreement (First Symetra National Life Insurance Co of Ny Sep Acct S)

FOREIGN TAX CREDITS. 15.1 16.1 Each Participating Fund agrees to consult in advance with Insurance Company concerning any decision to elect or not to pass through the benefit of any foreign tax credits to the Participating Fund's ’s shareholders pursuant to Section 853 of the Code.. [page break]

Appears in 1 contract

Samples: Fund Participation Agreement (Massachusetts Mutual Variable Life Separate Account I)

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FOREIGN TAX CREDITS. 15.1 1. Each Participating Fund agrees to consult in advance with Insurance Company concerning any decision to elect or not to pass through the benefit of any foreign tax credits to the Participating Fund's ’s shareholders pursuant to Section 853 of the Code.

Appears in 1 contract

Samples: Fund Participation Agreement (Symetra SEPARATE ACCOUNT C)

FOREIGN TAX CREDITS. 15.1 Each Participating Fund agrees to consult in advance with Insurance Company concerning any decision to elect or not to pass through the benefit of any foreign tax credits to the Participating Fund's shareholders pursuant to Section 853 of the Code.

Appears in 1 contract

Samples: Participation Agreement (Titanium Universal Life Variable Account)

FOREIGN TAX CREDITS. 15.1 Each Participating Fund agrees to consult in advance with Insurance Company concerning any decision to elect or not to pass through the benefit of any foreign tax credits to the Participating Fund's shareholders pursuant to Section 853 of the Code.. -----------------

Appears in 1 contract

Samples: Fund Participation Agreement (Corporate Sponsored Vul Separate Account I)

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