BLACKROCK FLORIDA INSURED MUNICIPAL INCOME TRUST (BAF)

BAF » Topics » Other Benefits

This excerpt taken from the BAF DEF 14A filed Jun 16, 2006.
Other Benefits. In evaluating ancillary benefits to be received by the Advisors and their affiliates under the New Agreements, the Boards considered whether the Transaction would have an impact on the ancillary benefits received by the Advisors by virtue of the Current Agreements. Based on its review of the materials provided, including materials received in connection with its approval of the continuance of each Current Agreement earlier at the May 23rd meeting of the Boards and its discussions with the Advisors, the Boards noted that such benefits were difficult to quantify with certainty at this time and indicated that it would continue to evaluate them going forward.

     

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