Common use of Voluntary Increase in 12b-1 Fees Clause in Contracts

Voluntary Increase in 12b-1 Fees. If a Fund voluntarily increases the fees it pays pursuant to Rule12b-1 of the Investment Company Act of 1940 (or its functional equivalent) that are based upon the value of the Aggregated Assets (including seed money provided by Company or any of its affiliates), then there shall be a corresponding increase in the amount of the Total Fee due pursuant to above.

Appears in 2 contracts

Samples: Target Funds Participation Agreement (W&r Target Funds Inc), Target Funds Participation Agreement (Northstar Life Variable Universal Life Account)

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Voluntary Increase in 12b-1 Fees. If a Fund voluntarily increases the fees it pays pursuant to Rule12b-1 Section 12b-1 of the Investment Company Act of 1940 (or its functional equivalent) that are based upon the value of the Aggregated Assets (including seed money provided by Company or any of its affiliates), then there shall be a corresponding increase in the amount of the Total Fee due pursuant to above.

Appears in 2 contracts

Samples: Target Funds Participation Agreement (Waddell & Reed Financial Inc), Participation Agreement (W&r Target Funds Inc)

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