Payments from Mutual Fund Organizations. On a monthly basis, commencing with the month in which the Closing occurs, an amount equal to the pre-tax amount of any expense reimbursement (other than "soft dollars"), indemnification or revenue-sharing payments made to the Company by any mutual fund organization attributable to the use of such organization's mutual funds as funding vehicles for the Policies or the Post-Closing Policies will be shown as a credit to the Reinsurer on the Accountings.
Appears in 3 contracts
Samples: Modified Coinsurance Agreement (Ing Life Insurance & Annuity Co), Modified Coinsurance Agreement (Ing Life Insurance & Annuity Co), Coinsurance Agreement (Lincoln National Corp)
Payments from Mutual Fund Organizations. On a monthly basis, commencing with the month in which the Closing occurs, an amount equal to the pre-tax amount of any expense reimbursement (other than "“soft dollars"”), indemnification or revenue-sharing payments made to the Company by any mutual fund organization attributable to the use of such organization's ’s mutual funds as funding vehicles for the Policies or the Post-Closing Policies will be shown as a credit to the Reinsurer on the Accountings.
Appears in 3 contracts
Samples: Modified Coinsurance Agreement, Modified Coinsurance Agreement (ING U.S., Inc.), Modified Coinsurance Agreement (ING U.S., Inc.)
