Amendment to Section 13.1. Section 13.1 of the Agreement is hereby deleted in its entirety and replaced with the following: "Term. The initial term of this Agreement (the "Initial Term") shall be three (3) years from the date first stated above unless terminated pursuant to the provisions of this Section 13. Unless a terminating party gives written notice to the other party sixty (60) days before the expiration of the Initial Term or Renewal Term (as herein defined), this Agreement will renew automatically from year to year ("Renewal Term"). Sixty (60) days before the expiration of the Initial Term or a Renewal Term, the parties to this Agreement will use good faith efforts to agree upon a Fee Schedule for the upcoming Renewal Term."
Appears in 4 contracts
Samples: VRDP Shares Purchase Agreement (Blackrock Muniholdings New Jersey Quality Fund, Inc.), Agency and Service Agreement (BlackRock Resources & Commodities Strategy Trust), Agency and Service Agreement (Blackrock Debt Strategies Fund, Inc.)
Amendment to Section 13.1. Section 13.1 of the Agreement is hereby deleted in its entirety and replaced with the following: "“Term. The initial term of this Agreement (the "“Initial Term"”) shall be three (3) years from the date first stated above unless terminated pursuant to the provisions of this Section 13. Unless a terminating party gives written notice to the other party sixty (60) days before the expiration of the Initial Term or Renewal Term (as herein defined), this Agreement will renew automatically from year to year ("“Renewal Term"”). Sixty (60) days before the expiration of the Initial Term or a Renewal Term, the parties to this Agreement will use good faith efforts to agree upon a Fee Schedule for the upcoming Renewal Term."”
Appears in 2 contracts
Samples: Agreement (BlackRock Science & Technology Trust), Transfer Agency and Service Agreement (Blackrock Corporate High Yield Fund Vi, Inc.)
