Agreements with Other Service Providers. Each Fund hereby appoints FSSC as the Fund’s agent to enter into agreements with financial intermediaries that are not registered as broker/dealers under the 1934 Act (each an “Unregistered Intermediary”) to provide Services to their customers that are Shareholders of the Fund. Each Fund agrees to pay Service Fees at an annual rate as set forth in Schedule 1 to this Agreement of up to 0.25% of the average net assets held in Fund accounts for which an Unregistered Intermediary has agreed to provide Services. Any such accounts shall not be treated as FSSC Accounts for purposes of this Agreement.
Appears in 188 contracts
Samples: Services Agreement (Federated Hermes Municipal Bond Fund, Inc.), Services Agreement (Federated Hermes Income Securities Trust), Services Agreement (Federated Hermes Sustainable High Yield Bond Fund, Inc.)
Agreements with Other Service Providers. Each Fund hereby appoints FSSC as the Fund’s 's agent to enter into agreements with financial intermediaries that are not registered as broker/dealers under the 1934 Act (each an “"Unregistered Intermediary”") to provide Services to their customers that are Shareholders of the Fund. Each Fund agrees to pay Service Fees at an annual rate as set forth in Schedule 1 to this Agreement of up to 0.25% of the average net assets held in Fund accounts for which an Unregistered Intermediary has agreed to provide Services. Any such accounts shall not be treated as FSSC Accounts for purposes of this Agreement.
Appears in 9 contracts
Samples: Services Agreement (Federated Limited Duration Government Fund Inc), Services Agreement (Edward Jones Money Market Fund), Services Agreement (Federated Income Securities Trust)
