Common use of Nature of the Payments Clause in Contracts

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

Appears in 2 contracts

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

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

Appears in 1 contract

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

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

Appears in 1 contract

Samples: Fund Shareholder Services Agreement (Variable Annuity Account)

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