Beneficial Owner Servicing Fees to Third Parties. Subject to the limitation set forth in paragraph (c) below, the Investment Company, on behalf of each Fund, will reimburse FTIS for servicing fee payments ("Beneficial Owner Servicing Fees") made by FTIS on the Investment Company's behalf to: # 3067115 v. 10 (A) institutions that purchase and hold the Fund's shares (other than Class R6 shares, if any) in the institution's name, or in the name of an affiliate, nominee or other designated entity, through a master fund level account ("Omnibus Account") on behalf of numerous "Beneficial Owners," or (B) in the case of shares issued to a 529 Plan Portfolio, institutions that hold units of the 529 Plan Portfolio in the institution's name on behalf of numerous 529 Plan accounts for whom the institution provides Individual 529 Investor Servicing.
Appears in 24 contracts
Samples: Transfer Agent and Shareholder Services Agreement (Franklin Alternative Strategies Funds), Transfer Agent and Shareholder Services Agreement (Franklin U.S. Government Money Fund), Transfer Agent and Shareholder Services Agreement (Franklin Templeton Money Fund Trust)
Beneficial Owner Servicing Fees to Third Parties. Subject to the limitation set forth in paragraph (c) below, the Investment Company, on behalf of each Fund, will reimburse FTIS for servicing fee payments ("Beneficial Owner Servicing Fees") made by FTIS on the Investment Company's behalf to: # 3067115 v. 10:
(A) institutions that purchase and hold the Fund's shares (other than Class R6 shares, if any) in the institution's name, or in the name of an affiliate, nominee or other designated entity, through a master fund level account ("Omnibus Account") on behalf of numerous "Beneficial Owners," or
(B) in the case of shares issued to a 529 Plan Portfolio, institutions that hold units of the 529 Plan Portfolio in the institution's name on behalf of numerous 529 Plan accounts for whom the institution provides Individual 529 Investor Servicing.
Appears in 16 contracts
Samples: Transfer Agent and Shareholder Services Agreement (Franklin ETF Trust), Transfer Agent and Shareholder Services Agreement (Franklin Templeton Trust), Transfer Agent and Shareholder Services Agreement (Franklin ETF Trust)
Beneficial Owner Servicing Fees to Third Parties. Subject to the limitation set forth in paragraph (cd) below, the Investment Company, on behalf of each Fund, Company will reimburse FTIS for servicing fee payments ("Beneficial Owner Servicing Fees") made by FTIS on the Investment Company's behalf to: # 3067115 v. 10
(Ai) institutions that purchase and hold the FundInvestment Company's shares (other than Class R6 shares, if any) in the institution's name, or in the name of an affiliate, nominee or other designated entity, through a master fund level account ("Omnibus Account") on behalf of numerous "Beneficial Owners," or
(Bii) in the case of shares issued to a 529 Plan Portfolio, institutions that hold units of the 529 Plan Portfolio in the institution's ’s name on behalf of numerous 529 Plan accounts for whom the institution provides Individual 529 Investor Servicing.. 2
Appears in 9 contracts
Samples: Transfer Agent and Shareholder Services Agreement (Templeton Institutional Funds), Transfer Agent and Shareholder Services Agreement (Templeton Developing Markets Trust), Transfer Agent and Shareholder Services Agreement (Templeton Global Opportunities Trust)
Beneficial Owner Servicing Fees to Third Parties. Subject to the limitation set forth in paragraph (cd) below, the Investment Company, on behalf of each Fund, Company will reimburse FTIS for servicing fee payments ("“Beneficial Owner Servicing Fees"”) made by FTIS on the Investment Company's ’s behalf to: # 3067115 v. 10
(Ai) institutions that purchase and hold the Fund's Investment Company’s shares (other than Class R6 shares, if any) in the institution's ’s name, or in the name of an affiliate, nominee or other designated entity, through a master fund level account ("“Omnibus Account"”) on behalf of numerous "“Beneficial Owners," ” or
(Bii) in the case of shares issued to a 529 Plan Portfolio, institutions that hold units of the 529 Plan Portfolio in the institution's ’s name on behalf of numerous 529 Plan accounts for whom the institution provides Individual 529 Investor Servicing.
Appears in 3 contracts
Samples: Transfer Agent and Shareholder Services Agreement (Franklin New York Tax Free Trust), Transfer Agent and Shareholder Services Agreement (Franklin California Tax Free Trust), Transfer Agent and Shareholder Services Agreement (Franklin New York Tax Free Income Fund)
Beneficial Owner Servicing Fees to Third Parties. Subject to the limitation set forth in paragraph (cd) below, the Investment Company, on behalf of each Fund, Company will reimburse FTIS for servicing fee payments ("Beneficial Owner Servicing Fees") made by FTIS on the Investment Company's behalf to: # 3067115 v. 10
(Ai) institutions that purchase and hold the FundInvestment Company's shares (other than Class R6 shares, if any) in the institution's name, or in the name of an affiliate, nominee or other designated entity, through a master fund level account ("Omnibus Account") on behalf of numerous "Beneficial Owners," or
(Bii) in the case of shares issued to a 529 Plan Portfolio, institutions that hold units of the 529 Plan Portfolio in the institution's ’s name on behalf of numerous 529 Plan accounts for whom the institution provides Individual 529 Investor Servicing.
Appears in 2 contracts
Samples: Transfer Agent and Shareholder Services Agreement (Templeton Global Investment Trust), Transfer Agent and Shareholder Services Agreement (Franklin Floating Rate Master Trust)
