Common use of REDACTED Clause in Contracts

REDACTED. It currently intends for one or more classes of shares (each, a "Class") to make payments to finance its distribution expenses, including service fees, pursuant to a plan ("Plan") adopted under rule 12b-1 under the 1940 Act ("Rule 12b-1"), although it may determine to discontinue such practice in the future. To the extent that any Class of the Trust finances its distribution expenses pursuant to a Plan adopted under rule 12b-1, the Trust undertakes to comply with any then current SEC interpretations concerning rule 12b-1 or any successor provisions.

Appears in 8 contracts

Samples: Participation Agreement (Allianz Life Variable Account B), Participation Agreement (Allianz Life Variable Account A), Participation Agreement (Allianz Life Variable Account B)

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