State Premium Taxes. When the REINSURER is not required to pay state premium taxes upon the reinsurance premiums received from the REINSURED, the REINSURER shall pay the REINSURED an a quarterly basis any such taxes the REINSURED may be required to pay with respect to that part of the contributions or premiums received under the REINSURED'S original policies which are paid to the REINSURER as reinsurance premiums.
Appears in 2 contracts
Samples: Modified Coinsurance Agreement (Separate Account Vul-2 of the American Franklin Life Ins Co), Modified Coinsurance Agreement (Separate Account Vul-2 of the American Franklin Life Ins Co)
State Premium Taxes. When the REINSURER is not required to pay state premium taxes upon the reinsurance premiums received from the REINSURED, the REINSURER shall pay the REINSURED an on a quarterly basis any such taxes the REINSURED may be required to pay with respect to that part of the contributions or premiums received under the REINSURED'S original policies which are paid to the REINSURER as reinsurance premiums.
Appears in 1 contract
Samples: Reinsurance Assignment Agreement (Agl Separate Account Vul-2)
State Premium Taxes. When the REINSURER is not required to pay state premium taxes upon the reinsurance premiums received from the REINSURED, the REINSURER shall pay the REINSURED an on a quarterly basis any such taxes the REINSURED may be required to pay with respect to that part of the contributions or premiums received under the REINSURED'S 's original policies which are paid to the REINSURER as reinsurance premiums.
Appears in 1 contract
Samples: Agreement (Separate Account Vul-2 of the American Franklin Life Ins Co)
