Common use of Operational Meetings Clause in Contracts

Operational Meetings. (a) As mutually agreed upon, the parties will meet by conference telephone to discuss any day-to-day operational matter of interest (the “Operational Meeting”) that the Fund or Computershare may reasonably request to include in the agenda for the particular meeting, including without limitation the following: (i) As reasonably requested by the Fund giving it an opportunity to ask questions, give information and provide opinions with respect to the day- to-day services provided by Computershare, support needs of the Fund, and activities contemplated by Schedule 2. (ii) Computershare’s capacity and capabilities for expanding and enhancing the Services; (iii) Fund priorities and strategy; and (iv) Changes in Applicable Law and other regulatory issues; (b) In the event the Fund or Computershare requests of the other party that it meet other than in a meeting described elsewhere in this Section 3 on urgent operational or service-related matters and the other party agrees, then: (i) The meetings will involve the Fund and Computershare representatives as agreed upon by the parties with appropriate levels of knowledge and seniority to discuss the matters with respect to which the meeting will be held and to make commitments (in his or her sole discretion) on behalf of the party represented; (ii) The parties will use reasonable efforts provide relevant information reasonably requested by the other party prior to or at the meeting; (iii) Subsequent to each meeting the parties will use reasonable efforts to distribute all materials they agreed to provide during the meeting within the time periods they agreed to provide them, including for example a list of the issues, discussion points, action items and timelines.

Appears in 17 contracts

Samples: Transfer Agency and Service Agreement (Blackrock Muniassets Fund, Inc.), Transfer Agency and Service Agreement, Transfer Agency and Service Agreement (BlackRock Health Sciences Trust II)

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Operational Meetings. (a) As mutually agreed upon, the parties will meet by conference telephone to discuss any day-to-day operational matter of interest (the “Operational Meeting”) that the Fund or Computershare may reasonably request to include in the agenda for the particular meeting, including without limitation the following: (i) As reasonably requested by the Fund giving it an opportunity to ask questions, give information and provide opinions with respect to the day- day-to-day services provided by Computershare, support needs of the Fund, and activities contemplated by Schedule 2. (ii) Computershare’s capacity and capabilities for expanding and enhancing the Services; (iii) Fund priorities and strategy; and (iv) Changes in Applicable Law and other regulatory issues; (b) In the event the Fund or Computershare requests of the other party that it meet other than in a meeting described elsewhere in this Section 3 on urgent operational or service-related matters and the other party agrees, then: (i) The meetings will involve the Fund and Computershare representatives as agreed upon by the parties with appropriate levels of knowledge and seniority to discuss the matters with respect to which the meeting will be held and to make commitments (in his or her sole discretion) on behalf of the party represented; (ii) The parties will use reasonable efforts provide relevant information reasonably requested by the other party prior to or at the meeting; (iii) Subsequent to each meeting the parties will use reasonable efforts to distribute all materials they agreed to provide during the meeting within the time periods they agreed to provide them, including for example a list of the issues, discussion points, action items and timelines.

Appears in 1 contract

Samples: Transfer Agency and Service Agreement (Blackrock Credit Allocation Income Trust)

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