Common use of FOREIGN TAX CREDITS Clause in Contracts

FOREIGN TAX CREDITS. AVIF agrees to consult in advance with MLLIC concerning any decision to elect or not to elect pursuant to Section 853 of the Code to pass through the benefit of any foreign tax credits to its shareholders.

Appears in 6 contracts

Samples: Participation Agreement (Ml of New York Variable Annuity Separate Account A), Participation Agreement (Ml of New York Variable Annuity Separate Account A), Participation Agreement (Merrill Lynch Life Variable Annuity Separate Account A)

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FOREIGN TAX CREDITS. AVIF agrees to consult in advance with MLLIC G-WL&A concerning any decision to elect or not to elect pursuant to Section 853 of the Code to pass through the benefit of any foreign tax credits to its shareholders.

Appears in 5 contracts

Samples: Participation Agreement (Coli Vul 2 Series Account), Participation Agreement (Variable Annuity 1 Series Account), Participation Agreement (Variable Annuity 1 Series Account)

FOREIGN TAX CREDITS. AVIF agrees to consult in advance with MLLIC XXXX concerning any decision to elect or not to elect pursuant to Section 853 of the Code to pass through the benefit of any foreign tax credits to its shareholders.

Appears in 1 contract

Samples: Participation Agreement (Allstate Financial Advisors Separate Account I)

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FOREIGN TAX CREDITS. AVIF agrees to consult in advance with MLLIC FG-WL&A concerning any decision to elect or not to elect pursuant to Section 853 of the ofthe Code to pass through the benefit of any ofany foreign tax credits to its shareholders.

Appears in 1 contract

Samples: Participation Agreement (COLI VUL-2 Series Account of First Great-West Life & Annuity Insurance CO)

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