Common use of Service Fee Credits Clause in Contracts

Service Fee Credits. Except as otherwise provided in this KPI Document, BlackRock shall be entitled to a Service Fee Credit applied against the Monthly Applicable Fees when Computershare fails to meet any 1 (or more) of the KPI Components set forth in the Red Zone detailed as follows: Number of continuous Months the same KPI Component set forth in the Red Zone has not been met Credit of Monthly fees (per KPI Component in Red Zone) 1 $0 2 $1,500 3 or more $2,500

Appears in 13 contracts

Samples: Transfer Agency Agreement, Transfer Agency Agreement (BlackRock Science & Technology Trust II), Transfer Agency Agreement (BlackRock Fixed Income Value Opportunities II)

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Service Fee Credits. Except as otherwise provided in this KPI Document, BlackRock shall be entitled to a Service Fee Credit applied against the Monthly Applicable Fees when Computershare fails to meet any 1 (or more) of the KPI Components set forth in the Red Zone detailed as follows: Number of continuous Months the same KPI Component set forth in the Red Zone has not been met Credit of Monthly fees (per KPI Component in Red Zone) 1 $$ 0 2 $$ 1,500 3 or more $$ 2,500

Appears in 5 contracts

Samples: Transfer Agency Agreement (Blackrock Muniassets Fund, Inc.), Transfer Agency Agreement (Blackrock Credit Allocation Income Trust), Transfer Agency Agreement (BlackRock Health Sciences Trust II)

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