Administrative Expense Payments. (a) BAL or its designee shall pay the Insurer an annual fee equal to 25 basis points (0.25%) of the average daily assets attributable to shares of the equity Portfolios, excluding index Portfolios, described on Schedule B of the Participation Agreement that are held in Separate Accounts of the Insurer.
Appears in 3 contracts
Samples: Administrative Services Agreement (Principal Life Insurance Co Separate Account B), Administrative Services Agreement (MEMBERS Horizon Variable Separate Account), Administrative Services Agreement (Principal Life Insurance Co Separate Account B)
Administrative Expense Payments. (a) BAL or its designee shall pay the Insurer an annual fee equal to 25 [**] basis points (0.25[**]%) of the average daily assets attributable to shares of the equity Portfolios, excluding index Portfolios, described on Schedule B of the Participation Agreement that are held in Separate Accounts of the Insurer.
Appears in 1 contract
Samples: Administrative Services Agreement (Jefferson National Life of New York Annuity Account 1)
Administrative Expense Payments. (a) BAL or its designee shall pay the Insurer an annual fee equal to 25 basis points (0.25( %) of the average daily assets attributable to shares of the equity and fixed income Portfolios, excluding index Portfolios, described on Schedule B of the Participation Agreement that are held in Separate Accounts of the Insurer. Such payments shall be paid quarterly in arears.
Appears in 1 contract
Samples: Administrative Services Agreement (Massachusetts Mutual Variable Life Separate Account I)
Administrative Expense Payments. (a) BAL or its designee shall pay the Insurer an annual fee equal to 25 basis points (0.25%) Redacted of the average daily assets attributable to shares of the equity Portfolios, excluding index Portfolios, described on Schedule B of the Participation Agreement that are held in Separate Accounts of the Insurer.
Appears in 1 contract
Samples: Administrative Services Agreement (National Variable Annuity Account Ii)
Administrative Expense Payments. (a) BAL or its designee shall pay the Insurer an annual fee equal to 25 basis points (0.25%) [_______] of the average daily assets attributable to shares of the equity Portfolios, excluding index Portfolios, described on Schedule B of the Participation Agreement that are held in Separate Accounts of the Insurer. Such payments shall be paid quarterly in arears.
Appears in 1 contract
Samples: Administrative Services Agreement (Massachusetts Mutual Variable Annuity Separate Account 4)
