Administrative Expense Payment Sample Clauses

Administrative Expense Payment. The Fund Administrator agrees to pay the Company a fee, computed daily and paid quarterly in arrears, equal to an annual rate as set forth below, applied to the average daily net assets of the shares of the Funds held in the subaccounts of the Accounts. The payment will be computed and paid in the manner described more completely in the Agreement. Only one fee rate is in effect for each Contract; for each Contract higher fee rates supersede and replace lower fee rates, which are shown for reference only. Date of beginning of period for Product Name/ Fee computation of # Company Name Securities Act No. Funds of the Trust Rate fee 1. Pacific Life Insurance Company Pacific One Select 033-88458 Franklin Xxxxxxxxx VIP Founding Funds Allocation Fund — Class 4 Franklin Xxxxxxxxx VIP Founding Funds Allocation Fund — Class 2
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Administrative Expense Payment. The Fund Administrator agrees to pay the Company a fee, computed daily and paid quarterly in arrears, equal to an annual rate as set forth below, applied to the average daily net assets of the shares of the Funds held in the subaccounts of the Accounts. The payment will be computed and paid in the manner described more completely in the Agreement. # Company Name Separate Account/Registration Yes/No. Class/Funds of the Trust Fee Rate Date of beginning of period for computation of fee
Sample 1Sample 2See All (4)
Administrative Expense Payment. The Fund Administrator agrees to pay the Company a fee, computed daily and paid quarterly in arrears, equal to an annual rate as set forth below, applied to the average daily net assets of the shares of the Funds held in the subaccounts of the Accounts. The payment will be computed and paid in the manner described more completely in the Agreement. Only one fee rate is in effect for each Contract; for each Contract higher fee rates supersede and replace lower fee rates, which are shown for reference only. # Company Name Product Name/ Securities Act No. Funds of the Trust Fee Rate Date of beginning of period for computation of fee
Sample 1Sample 2Sample 3
Administrative Expense Payment. The Fund Administrator agrees to pay the Company a fee, computed daily and paid quarterly in arrears, equal to an annual rate as set forth below, applied to the average daily net assets of the shares of the Funds held in the subaccounts of the Accounts. The payment will be computed and paid in the manner described more completely in the Agreement. # Company Product Name/ Registration No. Funds of the Trust (All Class 2 Shares unless otherwise Noted) FeeRate Date of Beginning of Period for Computation of Fee 1. Principal Life Insurance Company Benefit Variable Universal Life (BVUL) 333-89446 Franklin Income Securities Fund Franklin Rising Dividends Securities FundFranklin Small Cap Value Securities FundFranklin Strategic Income Securities Fund Mutual Global Discovery Securities FundMutual Shares Securities FundTempleton Developing Markets Securities FundTempleton Foreign Securities FundTempleton Global Bond Securities Fund 0.10% 11/01/07 Franklin U.S. Government Fund 0.10% 11/01/09
Sample 1Sample 2
Administrative Expense Payment. The Fund Administrator agrees to pay the Company a fee, computed daily and paid quarterly in arrears, equal to an annual rate as set forth below, applied to the average daily net assets of the shares of the Funds held in the subaccounts of the Accounts. The payment will be computed and paid in the manner described more completely in the Agreement. # Product Name/ Securities Act No. Funds of the Trust Fee Rate Beginning of Period for Computation of Fee 1. Allianz Value Life 33-11158 Class 1 Shares: Franklin Global Communication Securities Fund Franklin Growth and Income Securities Fund Franklin High Income Securities Fund Franklin Income Securities Fund Franklin Large Cap Growth Securities Fund Franklin Global Real Estate Securities Fund Franklin Rising Dividends Securities Fund Franklin Small-Mid Cap Growth Securities Fund Franklin Small Cap Value Securities Fund Franklin U.S. Government Fund Franklin Zero Coupon Fund 2010 Mutual Discovery Securities Fund Mutual Shares Securities Fund Xxxxxxxxx Developing Markets Securities Fund Xxxxxxxxx Foreign Securities Fund Templeton Global Asset Allocation Fund * Xxxxxxxxx Global Income Securities Fund Xxxxxxxxx Growth Securities Fund 0.10% 10/01/03 Franklin Money Market Fund – Class 1 * 0.05% 10/01/03 2. Allianz Alterity 333-82329 Class 2 Shares: Franklin Global Communications Securities Fund Franklin Growth and Income Securities Fund Franklin High Income Securities Fund Franklin Income Securities Fund Franklin Large Cap Growth Securities Fund Franklin Global Real Estate Securities Fund Franklin Rising Dividends Securities Fund Franklin Small-Mid Cap Growth Securities Fund Franklin Small Cap Value Securities Fund Franklin U.S. Government Fund Mutual Discovery Securities Fund Mutual Shares Securities Fund Xxxxxxxxx Developing Markets Securities Fund Xxxxxxxxx Foreign Securities Fund Xxxxxxxxx Growth Securities Fund 0.20% 10/01/03 * This fund is closed to new investors as of 5/1/04. # Product Name/ Securities Act No. Funds of the Trust Fee Rate Beginning of Period for Computation of Fee Allianz Alterity (cont’d) 333-82329 Franklin Zero Coupon Fund 2010 – Class 1 0.10% 10/01/03 Xxxxxxxxx Global Income Securities Funds - Class 2 Franklin Xxxxxxxxx VIP Founding Funds Allocation Fund - Class 2 0.20% 0.20% 05/01/07 09/21/07 3. Allianz Dimensions 33-47886 Class 2 Shares: Franklin Global Communications Securities Fund Franklin Growth and Income Securities Fund Franklin High Income Securities Fund Franklin Income Securities F...
Sample 1
Administrative Expense Payment. The Fund Administrator agrees to pay the Company a fee, computed daily and paid quarterly in arrears, equal to an annual rate as set forth below, applied to the average daily net assets of the shares of the Funds held in the subaccounts of the Accounts. The payment will be computed and paid in the manner described more completely in the Agreement. # Company Product Name/ Registration No. Funds of the Trust Fee Rate Date of Beginning of Period for Computation of Fee 1. TIAA-CREF Life Insurance Company Intelligent Life Variable Universal Life 333-128699 Class 1 Shares: Franklin Income Securities Fund Franklin Small-Mid Cap Growth Fund Mutual Shares Securities Fund Xxxxxxxxx Developing Markets Securities Fund 0.05 % 02/01/06 2. TIAA-CREF Life Insurance Company Intelligent Variable Annuity Contract 333-145064 Class 1 Shares: Franklin Income Securities Fund Franklin Small-Mid Cap Growth Fund Mutual Shares Securities Fund Xxxxxxxxx Developing Markets Securities Fund 0.05 % 08/01/07 3. TIAA-CREF Life Insurance Company Intelligent Life Flexible Premium Last Survivor Variable Universal Life Insurance Policy 333-151910 Class 1 Shares: Franklin Income Securities Fund Franklin Small-Mid Cap Growth Fund Mutual Shares Securities Fund Xxxxxxxxx Developing Markets Securities Fund 0.05 % 01/01/09
Sample 1
Administrative Expense Payment. The Fund Administrator agrees to pay the Company a fee, computed daily and paid quarterly in arrears, equal to an annual rate as set forth below, applied to the average daily net assets of the shares of the Funds held in the subaccounts of the Accounts. The payment will be computed and paid in the manner described more completely in the Agreement. # Company Product Name/ Registration Yes/No Funds of the Trust Fee Rate Date of Beginning of Period for Computation of Fee 1 Thrivent Financial for Lutherans Thrivent Variable Annuity Account I AdvisorFlex VA Yes Class 1 shares: Xxxxxxxxx Global Bond VIP Fund — bps 6-30-2017
Sample 1
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Related to Administrative Expense Payment

  • Administrative Expense Payments The Fund Administrator recognizes the Company, on behalf of the Accounts, as the shareholder of shares of the Funds purchased under the Participation Agreement on behalf of the Accounts. The Fund Administrator further recognizes that it will derive a substantial administrative convenience by virtue of having the Company be the shareholder of record of shares of the Funds purchased under the Participation Agreement, rather than multiple shareholders having record ownership of such shares. The Fund Administrator recognizes that the Company will provide administrative services necessary to facilitate investment in the Funds. In consideration of the Administrative Services provided by the Company and the administrative convenience resulting to the Fund Administrator described above, the Fund Administrator agrees to pay the Company a fee as set forth in Schedule B.

  • Administrative Expenses Borrower shall pay any reasonable fees, expenses and disbursements, including reasonable legal fees, of the Lender related to this Agreement, the Obligations, the perfection and protection of any collateral security required hereunder, the transactions contemplated by this Agreement, and the administration of this Agreement and the Obligations. Such payments shall be due on the Closing Date and thereafter as incurred by the Lender.

  • Operating Expense Payments Landlord shall deliver to Tenant a written estimate of Operating Expenses for each calendar year during the Term (the “Annual Estimate”), which may be revised by Landlord from time to time during such calendar year. During each month of the Term, on the same date that Base Rent is due, Tenant shall pay Landlord an amount equal to 1/12th of Tenant’s Share of the Annual Estimate. Payments for any fractional calendar month shall be prorated.

  • Administrative Costs The Payment Amount will include following:

  • Administrative Fee The Borrower agrees to pay to the Administrative Agent the annual administrative fee as described in the Fee Letter.

  • Administrative Fees The Borrower agrees to pay to the Administrative Agent an annual fee as agreed to between the Borrower and the Administrative Agent.

  • Shared Expenses Owner acknowledges that certain economies may be achieved with respect to certain expenses to be incurred by U-Haul on behalf of Owner hereunder if materials, supplies, insurance or services are purchased by U-Haul in quantity for use not only in connection with the Property but in connection with other properties owned or managed by U-Haul or its affiliates. U-Haul shall have the right to purchase such materials, supplies, insurance and/or services in its own name and charge Owner a pro rata allocable share of the cost of the foregoing; provided, however, that the pro rata cost of such purchase to Owner shall not result in expenses greater than would otherwise be incurred at competitive prices and terms available in the area where the Property is located; and provided further, U-Haul shall give Owner access to records so Owner may review any such expenses incurred.

  • Monthly Debt Service Payments Borrower shall pay to Lender (a) on the Closing Date, an amount equal to interest only on the outstanding principal balance of the Loan for the initial Accrual Period and (b) on September 1, 2010, and on each Payment Date thereafter up to and including the Maturity Date, the Monthly Debt Service Payment Amount, which payments shall be applied first to accrued and unpaid interest and the balance to principal.

  • CLAIM EXPENSES The Reinsurer will pay its Proportionate Share of reasonable claim investigation and legal expenses connected with the litigation or settlement of claims payable under this Agreement unless the Reinsurer has discharged its liability pursuant to Article 9.5 above. If the Reinsurer has so discharged its liability, the Reinsurer will not participate in any expenses incurred thereafter. The Reinsurer will not reimburse the Ceding Company for routine claim and administration expenses, including but not limited to the Ceding Company's home office expenses, compensation of salaried officers and employees, and any legal expenses other than third party expenses incurred by the Ceding Company. Claim investigation expenses do not include expenses incurred by the Ceding Company as a result of a dispute or contest arising out of conflicting claims of entitlement to policy proceeds or benefits.

  • Bookkeeping and Administrative Expenses If so provided in the Prospectus, as compensation for providing bookkeeping and other administrative services of a character described in Section 26(a)(2)(C) of the Investment Company Act of 1940 to the extent such services are in addition to, and do not duplicate, the services to be provided hereunder by the Trustee or the Depositor for providing supervisory services, the Depositor shall receive at the times specified in Section 3.05, against a statement or statements therefor submitted to the Trustee an aggregate annual fee in an amount which shall not exceed that amount set forth in the Prospectus, calculated as specified in Section 3.05. Such compensation may, from time to time, be adjusted provided that the total adjustment upward does not, at the time of such adjustment, exceed the percentage of the total increase, during the period from the Trust Agreement to the date of any such increase, in consumer prices for services as measured by the United States Department of Labor Consumer Price Index entitled "All Services Less Rent of Shelter" or similar index as described under Section 3.18. The consent or concurrence of any Unitholder hereunder shall not be required for any such adjustment or increase. Such compensations shall be paid by the Trustee, upon receipt of invoice therefor from the Depositor, upon which, as to the cost incurred by the Depositor of providing services hereunder the Trustee may rely, and shall be charged against the Income and Capital Accounts as specified in Section 3.05. The Trustee shall have no liability to any Unitholder or other person for any payment made in good faith pursuant to this Section. If the cash balance in the Income and Capital Accounts shall be insufficient to provide for amounts payable pursuant to this Section 3.23, the Trustee shall have the power to sell (1) Securities from the current list of Securities designated to be sold pursuant to Section 5.02 hereof, or (2) if no such Securities have been so designated, such Securities as the Trustee may see fit to sell in its own discretion, and to apply the proceeds of any such sale in payment of the amounts payable pursuant to this Section 3.23. Any moneys payable to the Depositor pursuant to this Section 3.23 shall be secured by a prior lien on the Trust except that no such lien shall be prior to any lien in favor of the Trustee under the provisions of Section 6.04. Any moneys payable to the Depositor pursuant to this Section 3.23 shall be secured by a prior lien on the Trust except that no such lien shall be prior to any lien in favor of the Trustee under the provisions of Section 6.04.

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