Premium tax credits definition

Premium tax credits means the tax credits described in section
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Premium tax credits has the meaning set forth in Section 6.5(c). “Producer” has the meaning set forth in the Reinsurance Agreement.
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Premium tax credits shall have the meaning specified in Section 12.2.
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Examples of Premium tax credits in a sentence

  • The Company shall provide to the Administrator by March 15 of each year a statement of the amount of Premium Tax Credits for the prior calendar year and the Company will pay or credit to the Administrator an amount equal to such Premium Tax Credits.

  • The Ceding Company shall provide to the Administrator by April 15 of each year a statement of the amount (the “Annual Adjustment”) of (i) premium taxes paid with respect to premiums collected during the prior calendar year (to the extent such premium taxes constituted Reinsured Risks), less (ii) estimated premium taxes paid by the Administrator to the Ceding Company with respect to such premiums under the provisions of Section 6.5(a), less (iii) Premium Tax Credits for the prior calendar year.

  • Company shall provide to Administrator by March 15 of each year a statement of the amount (the “Annual Adjustment”) of (i) premium taxes due with respect to premiums collected during the prior calendar year (to the extent that such premium taxes constitute Insurance Liabilities), less (ii) estimated premium taxes paid by Administrator to Company with respect to such premiums under the provisions of Article IX, less (iii) Premium Tax Credits for the prior calendar year.

  • The Company shall pay or provide to the Administrator the benefit of any Post-Effective Date Assessments, which have been or can be applied to reduce the Company's premium tax liability ("Premium Tax Credits").

  • The Company shall pay or provide to the Administrator the benefit of any Post-Inception Date Assessments which have been applied to reduce the Company's premium tax liability ("Premium Tax Credits").

  • The Company shall provide to the Reinsurer by March 15 of each year a statement of the amount (the “Annual Adjustment”) of (i) premium taxes due with respect to premiums collected during the prior calendar year (to the extent that such premium taxes constitute Reinsured Risks), less (ii) estimated premium taxes paid by the Reinsurer to the Company with respect to such premiums under the provisions of Article V, less (iii) Premium Tax Credits for the prior calendar year.


More Definitions of Premium tax credits

Premium tax credits means the tax credits described in section 36B of the Internal Revenue Code.
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Premium tax credits means the tax credits
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Premium tax credits means, with respect to any calendar year, that portion of premium tax credits (including credits received by Cedant related to Third Party Reinsurance Agreements, but not including guarantee fund assessment credits) available to Cedant or Reinsurer, or both, that (a) are apportionable or allocable to the Reinsured Policies, (b) are available for use with respect to the applicable calendar year and (c) relate to Premiums paid after the Closing Date and during such calendar year.
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Premium tax credits shall have the meaning set forth in Section 3.06(a) hereof.
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Premium tax credits shall have the meaning set forth in Section 10.2 of the Post-Closing Serviced Policies Administrative Services Agreement
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Related to Premium tax credits

  • Tax Credits means the low-income housing tax credits found in Section 42 of the Code, and all rules, regulations, rulings, notices and other promulgations thereunder.

  • Input Tax Credit means the credit of input tax;

  • child tax credit means a child tax credit under section 8 of the Tax Credits Act 2002;

  • Tax Credit means a credit against, relief or remission for, or repayment of any Tax.

  • Third Party Payments means the payment made through instruments issued from an account other than that of the beneficiary investor mentioned in the application form. However, in case of payments from a joint bank account, the first named applicant/investor has to be one of the joint holders of the bank account from which payment is made.

  • council tax benefit means council tax benefit under Part 7 of the SSCBA; “couple” has the meaning given by paragraph 4;

  • Medicare Levy Surcharge means an extra charge payable by high income earners beyond the standard Medicare Levy if they do not have qualifying private hospital insurance coverage. This charge is assessed as part of an individual or family’s annual tax return.

  • Policy Payments Account means a separate special purpose trust account that is an Eligible Account, for the benefit of Holders of the Notes and the Credit Enhancer over which the Indenture Trustee has exclusive control and sole right of withdrawal.

  • Net Tax Benefit has the meaning set forth in Section 3.1(b) of this Agreement.

  • Overpayments as used in this Section include payments (i) made by the System Agency that exceed the maximum allowable rates; (ii) that are not allowed under applicable laws, rules, or regulations; or (iii) that are otherwise inconsistent with this Contract, including any unapproved expenditures. Xxxxxxx understands and agrees that it will be liable to the System Agency for any costs disallowed pursuant to financial and compliance audit(s) of funds received under this Contract. Xxxxxxx further understands and agrees that reimbursement of such disallowed costs shall be paid by Grantee from funds which were not provided or otherwise made available to Grantee under this Contract.

  • Disallowed costs means those charges determined to be unallowable, in accordance with the applicable Federal statutes, regulations, or the terms and conditions of the Federal award. (2 CFR 200.31 and 45 CFR 75.2)

  • Gross receipts tax means any gross receipts, sales, use, excise, value added or any similar tax.

  • Third Party Payment means payment through an instrument issued from a bank account other than that of the beneficiary investor. In case of payments from a joint bank account, the first named investor/holder of the mutual fund folio has to be one of the joint holders of the bank account from which payment is made.

  • Subsidy means the difference between the amount of periodic

  • Credits means the Federal and State Housing Tax Credit program.