Nature of Payments. The parties to this letter agreement recognize and agree that the Adviser’s payments to the Company relate to Administrative Services only. The amount of administrative expense payments made by the Adviser to the Company pursuant to Paragraph 2 of this letter agreement shall not be deemed to be conclusive with respect to actual administrative expenses or savings of the Adviser.
Appears in 13 contracts
Samples: Farm Bureau Life Variable Account, Equitrust Life Annuity Account, Titanium Universal Life Variable Account
Nature of Payments. The parties to this letter agreement recognize and agree that the Adviser’s 's payments to the Company relate to Administrative Services only. The amount of administrative expense payments made services to the Trust only and do not constitute payment in any manner for administrative services provided by the Adviser Company to the Company pursuant Account or to Paragraph 2 the Contracts, for investment advisory services or for costs of this letter agreement shall not be deemed to be conclusive with respect to actual administrative expenses distribution of Contracts or savings of shares of the AdviserPortfolios, and that these payments are not otherwise related to investment advisory or distribution services or expenses.
Appears in 11 contracts
Samples: H) (Reliastar Select Life Variable Account), H) (Reliastar Life Ins Co of New York Var Life Sep Acct I), Fund Participation Agreement (Sentry Variable Account Ii)
Nature of Payments. The parties to this letter agreement recognize and agree that the Adviser’s 's payments to the Company relate to Administrative Services only. The amount of administrative expense payments made by the Adviser to the Company pursuant to Paragraph 2 of this letter agreement shall not be deemed to be conclusive with respect to actual administrative expenses or savings of the Adviser.
Appears in 9 contracts
Samples: Allianz Life Variable Account B, Separate Account One of Northern Life Insurance Co, Allianz Life Variable Account B
Nature of Payments. The parties to this letter agreement recognize and agree that the Adviser’s 's payments to the Company relate to Administrative Services only. The amount of administrative expense payments made by the Adviser to the Company pursuant to Paragraph 2 of this letter agreement shall not be deemed to be conclusive with respect to actual administrative expenses or savings of the Adviser.services only and do not
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Nature of Payments. The parties to this letter agreement recognize and agree that the Adviser’s 's payments to the Company relate to Administrative Services only. The amount of administrative expense payments made by the Adviser to the Company pursuant to Paragraph 2 of this letter agreement shall not be deemed to be conclusive with respect to actual administrative expenses or savings of the Adviser. 4.
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