Administration Expense Payments. (a) BAL or its affiliates shall pay the Insurer an amount equal to twenty-five basis points (0.25%) per annum of the average daily net assets of the Equity Portfolios that are held in Separate Accounts of Insurer listed in Schedule B of the Fund Participation Agreement(s).
Appears in 2 contracts
Samples: Administrative Services Agreement (KILICO Variable Annuity Separate Account - 3), Administrative Services Agreement (KILICO Variable Annuity Separate Account - 3)
Administration Expense Payments. (a) BAL or its affiliates shall pay the Insurer an amount equal to twenty-five [__] basis points (0.25%0.__%) per annum of the average daily net assets of the Equity Portfolios that are held in Separate Accounts of Insurer listed in Schedule B of the Fund Participation Agreement(s).
Appears in 2 contracts
Samples: Administrative Services Agreement (Allianz Life of Ny Variable Account C), Administrative Services Agreement (Allianz Life Variable Account B)
Administration Expense Payments. (a) BAL or its affiliates shall pay the Insurer an amount equal to twenty-five 25 basis points (0.25%) per annum of the average daily net assets of the Equity Portfolios that are held in Separate Accounts of Insurer listed in Schedule B of the Fund Participation Agreement(s).
Appears in 2 contracts
Samples: Administrative Services Agreement (Allianz Life of Ny Variable Account C), Administrative Services Agreement (Allianz Life Variable Account B)
Administration Expense Payments. (a) BAL or its affiliates or, if approved by the Fund Board, the Funds shall pay the Insurer an amount annual fee equal to twenty-five 25 basis points (0.25%) per annum of the average daily net assets of the Equity Portfolios Portfolios, excluding Index Portfolios, that are held in Separate Accounts of Insurer listed in Schedule B A of the Fund Participation Agreement(s).
Appears in 1 contract
Samples: Administrative Services Agreement (Nyliac Variable Annuity Separate Account I)
