Common use of Payment for Administrative Services Clause in Contracts

Payment for Administrative Services. In consideration of the Company providing the services outlined in Section 1 of this Agreement, Price Services, on behalf of each Portfolio and/or class of shares identified in the Portfolio’s Statement of Additional Information as having adopted the Program, with respect solely to the investment in such Portfolio by the Company, shall pay the Company on a monthly basis the fee set forth on Schedule A of this Agreement (“AFP Payment”); provided, however:

Appears in 4 contracts

Samples: Variable Insurance Portfolio (Minnesota Life Individual Variable Universal Life Account), Variable Insurance Portfolio (Minnesota Life Individual Variable Universal Life Account), Variable Insurance Portfolio (Minnesota Life Individual Variable Universal Life Account)

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Payment for Administrative Services. In consideration of the Company Society providing the services outlined in Section 1 of this Agreement, Price Services, on behalf of each Portfolio and/or class of shares identified in the Portfolio’s Statement of Additional Information as having adopted the Program, with respect solely to the investment in such Portfolio by the CompanySociety, shall pay the Company Society on a monthly basis the fee set forth on Schedule A of this Agreement ("AFP Payment"); provided, however:

Appears in 1 contract

Samples: Variable Insurance Portfolio (Modern Woodmen of America Variable Annuity Account)

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Payment for Administrative Services. In consideration of the Company providing the services outlined in Section 1 of this Agreement, Price Services, on behalf of each Portfolio and/or class of shares identified in the Portfolio’s Statement of Additional Information as having adopted the Program, with respect solely to the investment in such Portfolio by the Company, shall pay the Company on a monthly basis the fee set forth on Schedule A of this Agreement ("AFP Payment"); provided, however:

Appears in 1 contract

Samples: Variable Insurance Portfolio (Principal Life Insurance Co Separate Account B)

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