Administration Expense Payments. In consideration of the anticipated administration expense savings resulting to the Adviser from the arrangements set forth in the Participation Agreement, the Adviser agrees to pay to the Company on a monthly basis, from the bona fide profits of the Adviser, the following amounts:
Appears in 4 contracts
Samples: The Participation Agreement (Phoenix Life Variable Universal Life Account), The Participation Agreement (Phoenix Life Variable Universal Life Account), The Participation Agreement (Phoenix Life Variable Universal Life Account)