Common use of Nature of Payments Clause in Contracts

Nature of Payments. The parties to this letter agreement recognize and agree that the Adviser's payments to the Company relate to administrative services to the Trust only and do not constitute payment in any manner for administrative services provided by the Company to the Account or to the Contracts, for investment advisory services or for costs of distribution of Contracts or of shares of the Portfolios, and that these payments are not otherwise related to investment advisory or distribution services or expenses.

Appears in 11 contracts

Samples: H) (Reliastar Select Life Variable Account), H) (Reliastar Life Ins Co of New York Var Life Sep Acct I), Agreement (Sentry Variable Account I)

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Nature of Payments. The parties to this letter agreement recognize and agree that the Adviser's ’s payments to the Company relate to administrative services to the Trust only and do not constitute payment in any manner for administrative services provided by the Company to the Account Accounts or to the Contracts, for investment advisory services or for costs of distribution of Contracts or of shares Shares of the Portfolios, and that these payments are not otherwise related to investment advisory or distribution services or expenses.

Appears in 5 contracts

Samples: Administrative Services Letter Agreement (Jefferson National Life Annuity Account G), C M Life Variable Life Separate Account I, Massachusetts Mutual Variable Life Separate Account I

Nature of Payments. The parties to this letter agreement recognize and agree that the Adviser's payments to the Company relate to administrative services to the Trust only and do not constitute payment in any manner for administrative services provided by the Company to the Account or to the Contracts, for investment advisory services or for costs of distribution of Contracts or of shares Shares of the Portfolios, and that these payments are not otherwise related to investment advisory or distribution services or expenses.

Appears in 5 contracts

Samples: Participation Agreement (Principal Life Insurance Co Variable Life Sep Account), Participation Agreement (Principal Life Insurance Co Separate Account B), Southland Separate Account L1

Nature of Payments. The parties to this letter agreement recognize and agree that the Adviser's payments to the Company relate to administrative services to the Trust only and do not constitute payment in any manner for administrative services provided by the Company to the Account or to the Contracts, for investment advisory services or for costs of distribution of Contracts or of shares of the Portfolios, and that these payments are not otherwise related to investment advisory or distribution services or expenses.

Appears in 3 contracts

Samples: Service Agreement (Galic of New York Separate Account I), Annuity Investors Variable Account A, Fkla Variable Separate Account

Nature of Payments. The parties to this letter agreement recognize and agree that the Adviser's Advisers' payments to the Company relate to administrative services to the Trust only and do not constitute payment in any manner for administrative services provided by the Company to the Account or to the ContractsVariable Insurance Products, for investment advisory services or for costs of distribution of Contracts Variable Insurance Products or of shares of the Portfolios, Portfo- lios and that these payments are not otherwise related to investment advisory advi- sory or distribution services or expenses.

Appears in 2 contracts

Samples: Kilico Variable Separate Account 2, Kilico Variable Separate Account 2

Nature of Payments. The parties to this letter agreement recognize and agree that the Adviser's ’s payments to the Company relate to administrative services to the Trust only and do not constitute payment in any manner for administrative services provided by the Company to the Account or to the Contracts, for investment advisory services or for costs of distribution of Contracts or of shares Shares of the Portfolios, and that these payments are not otherwise related to investment advisory or distribution services or Pacific Life Insurance Company January 31, 2007 Page 2 expenses.

Appears in 2 contracts

Samples: Pacific Select Exec Separate Acct Pacific Life Ins, Pacific Select Exec Separate Acct Pacific Life Ins

Nature of Payments. The parties to this letter agreement recognize and agree that the Adviser's Advisers' payments to the Company relate to administrative services to the Trust only and do not constitute payment in any manner mannder for administrative services adminstrative seervices provided by the Company to the Account or to the ContractsVariable Insurance Products, for investment advisory services or for costs of distribution of Contracts Variable Insurance Products or of shares of the Portfolios, Portfo- lios and that these payments are not otherwise related to investment advisory advi- sory or distribution services or expenses.

Appears in 1 contract

Samples: Trust Participation Agreement (Evergreen Variable Trust /Oh)

Nature of Payments. The parties to this letter agreement recognize and agree that the Adviser's payments to the Company relate to administrative services to the Trust only and do not constitute payment in any manner for administrative services provided by the Company tx xxx Xxxxxxx xx to the Account Contracts or to the Contracts, for investment advisory services or for costs of distribution of Contracts or of shares of the Portfolios, and that these payments are not otherwise related to investment advisory or distribution services or expenses.

Appears in 1 contract

Samples: Fund Participation Agreement (Guardian Separate Account K)

Nature of Payments. The parties to this letter agreement recognize and agree that the Adviser's ’s payments to the Company relate to administrative services to the Trust only and do not constitute payment in any manner for administrative services provided by the Company to the Account or to the Contracts, for investment advisory services or for costs of distribution of Contracts or of shares Shares of the Portfolios, and that these payments are not otherwise related to investment advisory or distribution services or expenses.

Appears in 1 contract

Samples: Administrative Services Letter Agreement (Jefferson National Life Annuity Account G)

Nature of Payments. The parties to this letter agreement recognize and agree that the Adviser's ’s payments to the Company relate to administrative services to the Trust only and do not constitute payment in any manner for administrative services provided by First Great-West Life & Annuity Insurance Company December 18, 2007 the Company to the Account or to the Contracts, for investment advisory services or for costs of distribution of Contracts or of shares Shares of the Portfolios, and that these payments are not otherwise related to investment advisory or distribution services or expenses.

Appears in 1 contract

Samples: COLI VUL-2 Series Account of Great-West Life & Annuity Insurance Co of New York

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Nature of Payments. The parties to this letter agreement recognize and agree that the Adviser's payments to the Company relate to administrative services to the Trust only and do not constitute payment in any manner for administrative services provided by the Company to the Account Axxxxxx xx xx the Contracts or to the Contracts, for investment advisory services or for costs of distribution of Contracts or of shares of the Portfolios, and that these payments are not otherwise related to investment advisory or distribution services or expenses.

Appears in 1 contract

Samples: Fund Participation Agreement (Guardian Separate Acct N of the Guardian Ins & Annuity Co)

Nature of Payments. The parties to this letter agreement recognize and agree that the Adviser's ’s payments to the Company relate to administrative services to the Trust only and do not constitute payment in any manner for administrative services provided by the Company to the Account or to the Contracts, for investment advisory services or for costs of distribution of Contracts or of shares of the Portfolios, and that these payments are not otherwise related to investment advisory or distribution services or expenses.

Appears in 1 contract

Samples: Chase Variable Annuity Separate Account

Nature of Payments. The parties to this letter agreement recognize and agree that the Adviser's payments to the Company relate to administrative services to for the Trust only and Portfolios. Such payments do not constitute payment in any manner for administrative services provided by the Company to the Account Accounts or to the Contracts, for investment advisory services or for costs of distribution of Contracts or of shares of the Portfolios, and that these payments are not otherwise related to investment advisory or distribution services or expenses.

Appears in 1 contract

Samples: New York Life Ins & Annuity Corp Var Univ Life Sep Acc I

Nature of Payments. The parties to this letter agreement recognize and agree that the Adviser's ’s payments to the Company relate to administrative services to the Trust only and do not constitute payment in any manner for administrative services provided by the Company to the Account or to the Contracts, for investment advisory services or for costs of distribution of Contracts or of shares Shares of the Portfolios, and that these payments are not otherwise related to investment advisory or distribution services or expenses.. TIAA-CREF Life Insurance Company February 7, 2006

Appears in 1 contract

Samples: Tiaa-Cref Life Separate Account Vli-1

Nature of Payments. The parties to this letter agreement recognize and agree that the Adviser's payments to the Company relate to administrative administration services to the Trust only and do not constitute payment in any manner for administrative services provided by the Company to the Account or to the Contracts, for investment advisory services or for costs of distribution of Contracts or of shares of the Portfolios, Trust shares; and that these payments are not otherwise related to investment advisory or distribution services or expenses. The amount of administration expense payments made by the Adviser to the Company pursuant to Paragraph 2 of this letter agreement shall not be deemed to be conclusive with respect to actual administration expenses or savings of the Adviser.

Appears in 1 contract

Samples: Participation Agreement (Safeco Separate Account Sl)

Nature of Payments. The parties to this letter agreement recognize and agree that the Adviser's payments to the Company relate to administrative services to the Trust only and do not constitute payment in any manner for administrative services provided by the Company to the Account or xxx Xxxxxxx xx to the Contracts, Contracts or for investment advisory services or for costs of distribution of Contracts or of shares of the Portfolios, and that these payments are not otherwise related to investment advisory or distribution services or expenses.

Appears in 1 contract

Samples: Fund Participation Agreement (Guardian Separate Account K)

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