OVERSIGHT SERVICES. The Administrator shall, at its expense (subject to Sections 2 and 3 hereof), and subject always to the control of the trustees, directors or other governing body of the Funds (referred to herein as “Trustees’’), oversee the performance by Computershare and CSS of their respective obligations to the Funds under the TA Agreement (the “Oversight Services”). Exhibit B hereto lists the Oversight Services to be provided by the Administrator hereunder. If there occurs a material change in the level of oversight required by the Funds in the future necessitating a material increase or decrease the types or quantities of Oversight Services required by the Funds, the Funds and the Administrator shall negotiate in good faith an adjustment to the Oversight Fee payable under Section 6 hereof.
Appears in 2 contracts
Sources: Closed End Fund Oversight Agreement (MFS Municipal Income Trust), Closed End Fund Oversight Agreement (MFS Multimarket Income Trust)
OVERSIGHT SERVICES. The Administrator shall, at its expense (subject to Sections 2 and 3 hereof), and subject always to the control of the trustees, directors or other governing body of the Funds (referred to herein as “Trustees’’”), oversee the performance by Computershare and CSS of their respective obligations to the Funds under the TA Agreement (the “Oversight Services”). Exhibit B hereto lists the Oversight Services to be provided by the Administrator hereunder. If there occurs a material change in the level of oversight required by the Funds in the future necessitating a material increase or decrease the types or quantities of Oversight Services required by the Funds, the Funds and the Administrator shall negotiate in good faith an adjustment to the Oversight Fee payable under Section 6 5 hereof.
Appears in 1 contract
Sources: Closed End Fund Oversight Agreement (MFS Government Markets Income Trust)