Redemption Fees. If the Trust ultimately decides to impose a redemption fee on variable contracts, the Trust agrees to notify Phoenix at least six (6) months in advance so that Phoenix can program its systems to administer the fee. If such notice is not practicable, the Trust agrees to reimburse Phoenix for mutually agreed upon and reasonable costs in completing the systems work.
Appears in 2 contracts
Samples: Information Sharing Agreement (Phoenix Life Variable Accumulation Account), Information Sharing Agreement (Phoenix Life Variable Universal Life Account)
Redemption Fees. If the Trust ultimately decides to impose a redemption fee on variable contracts, the Trust agrees to notify Phoenix at least six three (63) months in advance so that Phoenix can program its systems to administer the fee. If such notice is not practicable, the Trust agrees to reimburse Phoenix for mutually agreed upon and reasonable costs in completing the systems work.
Appears in 1 contract
Samples: Information Sharing Agreement (PHL Variable Accumulation Account II)
Redemption Fees. If the Trust ultimately decides to impose a redemption fee on variable contracts, the Trust agrees to notify Phoenix at least six (6) months in advance so that Phoenix can program its systems to administer the fee. If such notice is not practicable, the Trust agrees to reimburse Phoenix for mutually agreed upon and reasonable costs in completing the systems work. 12.
Appears in 1 contract
Samples: Information Sharing Agreement (Sentinel Variable Products Trust)
