Common use of Adviser's Duties Clause in Contracts

Adviser's Duties. The Adviser shall promptly upon termination of this Agreement: (i) pay over to the Company all money collected and held for the account of the Company pursuant to this Agreement, after deducting any accrued compensation and reimbursement for its expenses to which it is then entitled; (ii) deliver to the Board a full accounting, including a statement showing all payments collected by it and a statement of all money held by it, covering the period following the date of the last accounting furnished to the Board; (iii) deliver to the Board all assets, including all Investments, and documents of the Company then in the custody of the Adviser; and (iv) reasonably cooperate with the Company, at the Company’s expense, to provide an orderly management transition.

Adviser's Duties. The Adviser shall promptly upon termination of this Agreement: (i) pay over to the Company all money collected and held for the account of the Company and its subsidiaries pursuant to this Agreement, after deducting any accrued compensation and reimbursement for its expenses to which it is then entitled; (ii) deliver to the Board a full accounting, including a statement showing all payments collected by it and a statement of all money held by it, covering the period following the date of the last accounting furnished to the Board; (iii) deliver to the Board all assets, including all Investments, and documents of the Company and its subsidiaries then in the custody of the Adviser; and (iv) reasonably cooperate with the CompanyCompany and its subsidiaries, at the Company’s expense, to provide an orderly management transition.