Common use of Accrual of Fees Clause in Contracts

Accrual of Fees. From and after the Cutover Date with respect to each Phase, Lincoln Life shall pay fees for the Accounting Services for each of the Separate Accounts included in such Phase, and each Fund included in such Phase shall pay fees for the Accounting Services for such Fund, in each case at the respective rates per annum determined in accordance with the Fee Schedule. Fees accrued pursuant to this Section 6.1 shall be payable in arrears on a monthly basis.

Appears in 7 contracts

Samples: Services Agreement (Lincoln National Flexible Premium Life Account J), Services Agreement (Lincoln Life Flexible Premium Variable Life Account M), Services Agreement (Lincoln National Variable Annuity Fund A)

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Accrual of Fees. From and after the Cutover Date with respect --------------- to each Phase, Lincoln Life shall pay fees for the Accounting Services for each of the Separate Accounts included in such Phase, and each Fund included in such Phase shall pay fees for the Accounting Services for such Fund, in each case at the respective rates per annum determined in accordance with the Fee Schedule. Fees accrued pursuant to this Section 6.1 shall be payable in arrears on a monthly basis.

Appears in 1 contract

Samples: Services Agreement (Lincoln National Flexible Premium Variable Life Account F)

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