Common use of For Reallocation of Services Clause in Contracts

For Reallocation of Services. BFA or any BFA Recipient shall have the right to terminate Provider’s provision of the portion of the Services that is reallocated pursuant to BFA’s or any BFA Recipient’s exercise of its rights set forth in Section 2.2(c). Notwithstanding the time periods set forth in Section 2.2(b) and (c), BFA or any BFA Recipient shall have the right to reallocate and/or insource Services with immediate effect upon termination of Provider’s provision of Services under Section 10.3(a)(i)-(viii). In such event, the Parties will negotiate in good faith adjustments to the Fees and Service Levels, as applicable.

Appears in 4 contracts

Samples: Master Services Agreement (BlackRock ETF Trust), Master Services Agreement (BlackRock ETF Trust II), Master Services Agreement (iShares U.S. ETF Trust)

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