Common use of Service Fees Payable to FSSC Clause in Contracts

Service Fees Payable to FSSC. (a) During the term of this Agreement, FSSC will be entitled to receive from each Fund as full compensation for Services rendered hereunder a fee calculated daily at an annual rate, as set forth Schedule 1 to this Agreement, of up to 0.25% of average net assets held in FSSC Accounts of each Fund. Service fees paid by the Funds are in addition to other fees paid by the Funds such as those paid pursuant to an Agreement for Fund Accounting Services, Administrative Services, Transfer Agency Services and Custody Services Procurement and fees paid pursuant to each Fund’s Distributor’s Contract.

Appears in 191 contracts

Samples: Services Agreement (Federated Hermes Income Securities Trust), Services Agreement (Federated Hermes Income Securities Trust), Services Agreement (Federated Hermes Money Market Obligations Trust)

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Service Fees Payable to FSSC. (a) During the term of this Agreement, FSSC will be entitled to receive from each Fund as full compensation for Services rendered hereunder a fee calculated daily at an annual rate, as set forth Schedule 1 to this Agreement, of up to 0.25% of average net assets held in FSSC Accounts of each Fund. Service fees paid by the Funds are in addition to other fees paid by the Funds such as those paid pursuant to an Agreement for Fund Accounting Services, Administrative Services, Transfer Agency Services and Custody Services Procurement and fees paid pursuant to each Fund’s 's Distributor’s 's Contract.

Appears in 9 contracts

Samples: Services Agreement (Federated Income Securities Trust), Services Agreement (Federated Limited Duration Government Fund Inc), Services Agreement (Federated MDT Series)

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Service Fees Payable to FSSC. (a) 1. During the term of this Agreement, FSSC will be entitled to receive from each Fund as full compensation for Services rendered hereunder a fee calculated daily at an annual rate, as set forth Schedule 1 to this Agreement, of up to 0.25% of average net assets held in FSSC Accounts of each Fund. Service fees paid by the Funds are in addition to other fees paid by the Funds such as those paid pursuant to an Agreement for Fund Accounting Services, Administrative Services, Transfer Agency Services and Custody Services Procurement and fees paid pursuant to each Fund’s Distributor’s Contract.

Appears in 1 contract

Samples: Services Agreement (Federated Income Securities Trust)

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