JOINT DAC TAX ELECTION. The Parties to this Agreement agree to the following provisions pursuant to Section 1.848-2(g)(8) of the Income Tax Regulations issued under Section 848 of the Internal Revenue Code of 1986, as amended (the "Code"). a. The terms "Party"' and "Parties" refer to the Ceding Company and/or the Reinsurer, as appropriate.
Appears in 2 contracts
Samples: Reinsurance Agreement (Hartford Life & Annuity Insurance Co Separate Account Seven), Reinsurance Agreement (Hartford Life & Annuity Insurance Co Separate Account One)
JOINT DAC TAX ELECTION. The Parties to this Agreement agree to the following provisions pursuant to Section 1.848-2(g)(8) of the Income Tax Regulations issued under Section 848 of the Internal Revenue Code of 1986, as amended (the "Code").
a. The terms "Party"' and "Parties" refer to the Ceding Company and/or the Reinsurer, as appropriate.
Appears in 2 contracts
Samples: Reinsurance Agreement (Talcott Resolution Life & Annuity Insurance Co Separate Account Seven), Reinsurance Agreement (Talcott Resolution Life Insurance Co Separate Account Two)
