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.
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Samples: Agl Separate Account Vl R, Usl Separate Account Usl 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: 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 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
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: 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 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: Participation Agreement (Tiaa-Cref Life Separate Account Vli-1)