Common use of Nature of the Payments Clause in Contracts

Nature of the Payments. The parties recognize and agree that Securian's payments to Securian Life hereunder relate solely to the services to the Fund described in this Agreement and performed by Securian Life on behalf of Securian.

Appears in 4 contracts

Samples: Fund Shareholder Services Agreement (Advantus Series Fund Inc), Fund Shareholder Services Agreement (Advantus Series Fund Inc), Fund Shareholder Services Agreement (Securian Life Variable Universal Life Account)

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Nature of the Payments. The parties recognize and agree that Securian's ’s payments to Securian Life hereunder relate solely to the services to the Fund Trust described in this Agreement and performed by Securian Life on behalf of Securian.

Appears in 1 contract

Samples: Fund Shareholder Services Agreement (Advantus Series Fund Inc)

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