Program Services Agreement definition
Examples of Program Services Agreement in a sentence
Notwithstanding anything contained herein to the contrary, the Administrative Agent or any Lender may in its sole discretion, but shall not be obligated to, (a) cure any monetary default under any Program Services Agreement or (b) cure, by monetary payment or by performance, any default under any lease or option agreement to which the Borrower or any Subsidiary is a party.
Under the Program Services Agreement, FAME may: (i) approve any proposed sector allocation or combination of Portfolio Investments recommended by the Investment Manager or a Sub-Advisor; (ii) request that the Investment Manager or a Sub-Advisor deliver a revised proposed sector allocation or a different combination of proposed Portfolio Investments; or (iii) object to any proposed sector allocation or combination of Portfolio Investments.
Should the DISTRICT terminate or cause to be terminated the Program Services Agreement, then ▇▇▇▇▇▇ shall have the option to terminate this contract for its convenience in accordance with Section 8.02, with the exception that ▇▇▇▇▇▇ shall not be entitled to a termination fee.
The term of the Program Services Agreement expires on June 30, 2024.
Under the terms of the Program Services Agreement, the Underlying Funds proposed by the Investment Manager for the Investment Fund are expected to be mutual funds, exchange traded funds or separate accounts managed by BlackRock or any affiliate thereof.
County has entered into an agreement with the State of California, Department of Health Care Services, to provide Alcohol and Other Drug services to County of Yolo residents, (e.g., State Non Drug Medi-Cal Substance Abuse Treatment Services and Drug Medi-Cal Treatment Program Services Agreement, otherwise known as the “Intergovernmental Agreement”, and hereinafter referred to as the “State Contract”); the State Contract is incorporated into this Agreement by this reference.
See “THE PROGRAM SERVICES AGREEMENT.” FAME may select Underlying Funds that are not managed by BlackRock or a Sub-Advisor if there are no available Underlying Funds managed by BlackRock or a Sub- Advisor within a particular investment sector that meet certain performance standards set forth in the Program Services Agreement.
FAME may also waive the performance standards set forth in the Program Services Agreement.
Each of FAME, BlackRock Investments, LLC, BlackRock Advisors, LLC, Vestwell and The Bank of New York Mellon may terminate the Program Services Agreement at any time, in response to a material breach, after providing notice and an opportunity to cure.
No delegation or assignment by BlackRock Investments, LLC, BlackRock Advisors, LLC, Sumday or The Bank of New York Mellon shall relieve the applicable entity of any of its respective responsibilities under the Program Services Agreement.