Administrative Expense Payments. In consideration of the anticipated ------------------------------- administrative expense savings resulting from the arrangements set forth in this Agreement, CSAM agrees to pay the Company on a quarterly basis an amount set forth in Schedule B attached hereto and made a part hereof. For purposes of computing the payment to the Company contemplated under this Paragraph 2 for each quarterly period, the average daily net assets invested by the Account shall be multiplied by the rate shown in Schedule B multiplied by the actual number of days in the period divided by 365. The expense payment contemplated by this Paragraph 2 shall be calculated by CSAM at the end of each quarter and will be paid to the Company within 30 days thereafter. Payment will be accompanied by a statement showing the calculation of the quarterly amount payable by CSAM and such other supporting data as may be reasonably requested by the Company.
Appears in 2 contracts
Samples: Administrative Services Agreement (Usl Separate Account Usl Vl-R), Administrative Services Agreement (Agl Separate Account Vl R)
Administrative Expense Payments. In consideration of the anticipated ------------------------------- administrative expense savings resulting from the arrangements set forth in this Agreement, CSAM agrees xxxees to pay the Company on a quarterly basis an amount set forth in Schedule B attached hereto and made a part hereof. For purposes of computing the payment to the Company contemplated under this Paragraph 2 for each quarterly period, the average daily net assets invested by the Account shall be multiplied by the rate shown in Schedule B multiplied by the actual number of days in the period divided by 365. The expense payment contemplated by this Paragraph 2 shall be calculated by CSAM at the end of each quarter and will be paid to the Company within 30 days thereafter. Payment will be accompanied by a statement showing the calculation of the quarterly amount payable by CSAM and such other supporting data as may be reasonably requested by the Company.
Appears in 1 contract
Samples: Administrative Services Agreement (Variable Annuity Life Insurance Co Separate Account A)
Administrative Expense Payments. In consideration of the anticipated ------------------------------- administrative expense savings resulting from the arrangements set forth in this Agreement, CSAM . XXXX agrees to pay the Company on a quarterly basis an amount set forth in Schedule B attached hereto and made a part hereof. For purposes of computing the payment to the Company contemplated under this Paragraph 2 for each quarterly period, the average daily net assets invested by the Account shall be multiplied by the rate shown in Schedule B multiplied by the actual number of days in the period divided by 365. The expense payment contemplated by this Paragraph 2 shall be calculated by CSAM at the end of each quarter and will be paid to the Company within 30 days thereafter. Payment will be accompanied by a statement showing the calculation of the quarterly amount payable by CSAM and such other supporting data as may be reasonably requested by the Company.
Appears in 1 contract
Samples: Administrative Services Agreement (Variable Account B American Intl Life Assur Co of New York)
Administrative Expense Payments. In consideration of the anticipated ------------------------------- administrative expense savings resulting from the arrangements set forth in this Agreement, . CSAM agrees to pay the Company on a quarterly basis an amount axxxxt set forth in Schedule B attached hereto and made a part hereof. For purposes of computing the payment to the Company contemplated under this Paragraph 2 for each quarterly period, the average daily net assets invested by the Account shall be multiplied by the rate shown in Schedule B multiplied by the actual number of days in the period divided by 365. The expense payment contemplated by this Paragraph 2 shall be calculated by CSAM at the end of each quarter and will be paid to the Company within 30 days thereafter. Payment will be accompanied by a statement showing the calculation of the quarterly amount payable by CSAM and such other supporting data as may be reasonably requested by the Company.
Appears in 1 contract
Samples: Administrative Services Agreement (Variable Account Ii Aig Life Insurance Co)
Administrative Expense Payments. In consideration of the anticipated ------------------------------- administrative expense savings resulting from the arrangements set forth in this Agreementletter agreement, CSAM XXXX agrees to pay the Company on a quarterly basis an amount set forth in Schedule B attached hereto and made a part hereof. For purposes of computing the payment to the Company contemplated under this Paragraph 2 for each quarterly period, the average daily net assets invested by the Account shall be multiplied by the rate shown in Schedule B multiplied by the actual number of days in the period divided by 365. The expense payment contemplated by this Paragraph 2 shall be calculated by CSAM at the end of each quarter and will be paid to the Company within 30 days thereafter. Payment will be accompanied by a statement showing the calculation of the quarterly amount payable by CSAM and such other supporting data as may be reasonably requested by the Company.
Appears in 1 contract
Samples: Administrative Services Agreement (Tiaa-Cref Life Separate Account Vli-1)