Effect of Termination on Management and Incentive Fees Sample Clauses

Effect of Termination on Management and Incentive Fees. Upon termination of this Addendum or upon written notice (which may be in the form of e-mail) by the Investment Manager to AR that it does not want AR to make further investments in Oil and Gas Royalties on behalf of the Account, (i) no further investments in Oil and Gas Royalties will be made pursuant to this Addendum, (ii) no further Management Fees will accrue, provided Schedule 2.4 that Management Fees will be paid in full as of the quarter-end of the quarter in which termination occurred, (iii) the Incentive Fees described above will be calculated and paid for a period of seven years from December 31 of the year in which termination occurred, after which point there will be no further obligation to pay any Fees under this Addendum and (iv) the Exclusivity Period shall be deemed to have expired. Schedule 2.4 SCHEDULE 3 AEM Investment Guidelines
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Related to Effect of Termination on Management and Incentive Fees

  • Effect of Termination on Compensation In the event of the termination of this Agreement prior to the completion of the term of employment specified in Article 1, the Employee shall be entitled to the compensation earned by the Employee prior to the effective date of termination as provided for in this Agreement, computed pro rata up to and including that date. Except as otherwise provided in this Agreement, the Employee shall be entitled to no further compensation after the date of termination.

  • Compensation on Termination An Employee whose services have been terminated for any cause and who within three (3) months of separation is diagnosed by a physician as having tuberculosis, shall be entitled to the above compensation and the salary rate shall be based on the salary he was receiving at the time his services were terminated. The benefits of this provision may be extended for an additional three (3) months, provided that the former Employee concerned submits a x-ray plate taken within three (3) months after the termination of employment.

  • Compensation in the Event of Termination In the event that the Executive’s employment hereunder terminates prior to the expiration of this Agreement for any reason provided in Section 5 hereof, the Company shall pay the Executive, compensation and provide the Executive and the Executive’s eligible dependents with benefits as follows:

  • Effect of Termination of Agreement Upon the Termination Date or the Expiration Date, as applicable, any amounts then owing by a Party to the other Party shall become immediately due and payable and the then future obligations of Customer and Provider under this Agreement shall be terminated (other than the indemnity obligations set forth in Section 13). Such termination shall not relieve either Party from obligations accrued prior to the effective date of termination or expiration.

  • Complete Disposal Upon Termination of Service Agreement Upon Termination of the Service Agreement Provider shall dispose or delete all Student Data obtained under the Service Agreement. Prior to disposition of the data, Provider shall notify LEA in writing of its option to transfer data to a separate account, pursuant to Article II, section 3, above. In no event shall Provider dispose of data pursuant to this provision unless and until Provider has received affirmative written confirmation from LEA that data will not be transferred to a separate account.