Distribution Fee Payments. The Company agrees to pay, with respect to each Portfolio, to the Insurance Company at the end of each month an amount equal to 0.25% of the average daily net asset value of the Class III Shares of such Portfolio held by the Insurance Company separate accounts during that month. The Insurance Company shall provide [insert name of applicable distributor] (the "Distributor"), at least quarterly, such information as reasonably requested by the Distributor to enable the Distributor to comply with the reporting requirements of Rule 12b-1 under the Investment Company Act ("Rule 12b-1") regarding the disbursement of the distribution fee during such period referred to in Paragraph 4 of the Distribution Plan entered into by the Company and the Distributor pursuant to Rule 12b-1 (the "Plan").
Appears in 3 contracts
Samples: Distribution Plan (BlackRock Variable Series Funds, Inc.), Distribution Plan (BlackRock Variable Series Funds, Inc.), Distribution Plan (BlackRock Series Fund, Inc.)
Distribution Fee Payments. The Company agrees to pay, with respect to each Portfolio, to the Insurance Company at the end of each month an amount equal to 0.250.15% of the average daily net asset value of the Class III II Shares of such Portfolio held by the Insurance Company separate accounts during that month. The Insurance Company shall provide [insert name of applicable distributor] (the "Distributor"), at least quarterly, such information as reasonably requested by the Distributor to enable the Distributor to comply with the reporting requirements of Rule 12b-1 under the Investment Company Act ("Rule 12b-1") regarding the disbursement of the distribution fee during such period referred to in Paragraph 4 of the Distribution Plan entered into by the Company and the Distributor pursuant to Rule 12b-1 (the "Plan").
Appears in 3 contracts
Samples: Distribution Plan (BlackRock Series Fund, Inc.), Distribution Plan (BlackRock Variable Series Funds, Inc.), Distribution Plan (BlackRock Variable Series Funds, Inc.)