Common use of Administrative Services; Payments Therefor Clause in Contracts

Administrative Services; Payments Therefor. (a) INSURERS shall provide the administrative services set out in Schedule A hereto and made a part hereof, as the same may be amended from time to time. For such services, AIM agrees to pay to INSURERS a quarterly fee ("Quarterly Fee") equal to a percentage of the average daily net assets of the Fund attributable to the Contracts issued by INSURERS ("INSURERS Fund Assets) at the annual rate of 0.25%.

Appears in 3 contracts

Samples: Administrative Services Agreement (Reliastar Bankers Security Life Insurance Co), Administrative Services Agreement (Separate Account One of Northern Life Insurance Co), Administrative Services Agreement (Select Life Variable Account)

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Administrative Services; Payments Therefor. (a) INSURERS INSURER shall provide the administrative services set out in Schedule A hereto and made a part hereof, as the same may be amended from time to time. For such services, AIM agrees to pay to INSURERS INSURER a quarterly fee ("Quarterly Fee") equal to a percentage of the average daily net assets of the Fund attributable to the Contracts issued by INSURERS INSURER ("INSURERS INSURER Fund Assets") at the annual rate of 0.25%.

Appears in 3 contracts

Samples: Administrative Services Agreement (Separate Account Vl I of Hartford Life Insurance Co), Administrative Services Agreement (Allianz Life of Ny Variable Account C), Administrative Services Agreement (Allianz Life Variable Account B)

Administrative Services; Payments Therefor. (a) INSURERS shall provide the administrative services set out in Schedule A hereto and made a part hereof, as the same may be amended from time to time. For such services, AIM agrees to pay to INSURERS a quarterly fee ("Quarterly Fee") equal to a percentage of the average daily net assets of the Fund attributable to the Contracts issued by INSURERS ("INSURERS Fund Assets) at the annual rate of 0.25%0.XX%.

Appears in 1 contract

Samples: Administrative Services Agreement (Reliastar Select Life Variable Account)

Administrative Services; Payments Therefor. (a) INSURERS shall provide the administrative services set out in Schedule A hereto and made a part hereof, as the same may be amended from time to time. For such services, AIM agrees to pay to INSURERS a quarterly fee ("Quarterly Fee") equal to a percentage of the average daily net assets of the Fund attributable to the Contracts issued by INSURERS ("INSURERS Insurers Fund Assets") at the annual rate of 0.25%.

Appears in 1 contract

Samples: Administrative Services Agreement (Separate Account One of Northern Life Insurance Co)

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Administrative Services; Payments Therefor. (a) INSURERS INSURER shall provide the administrative services set out in Schedule A hereto and made a part hereof, as the same may be amended from time to time. For such services, AIM agrees to pay to INSURERS INSURER a quarterly fee ("Quarterly Fee") equal to a percentage of the average daily net assets of the Fund attributable to the Contracts issued by INSURERS INSURER ("INSURERS INSURER Fund Assets") at the following annual rate of 0.25rates: ANNUAL RATE _____%.

Appears in 1 contract

Samples: Administrative Services Agreement (Corporate Sponsored Vul Separate Account I)

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