ANNUAL CHARGE. For custody services procurement services provided to Funds by Company as described in the Agreement, Company shall be paid a fee in the amount of .1 basis points of the Fund assets held by the custodian, plus Company's out-of-pocket expenses. Such fee shall accrue daily and be paid monthly. The fee is billable on a monthly basis.
Appears in 2 contracts
Sources: Agreement for Fund Accounting Services, Administrative Services, Transfer Agency Services and Custody Services Procurement (Federated Core Trust/Pa), Agreement for Fund Accounting Services, Administrative Services, Transfer Agency Services and Custody Services Procurement (Federated Fund for Us Government Securities Inc)