Final Balance. Upon the termination of this Agreement, the Company shall pay to BAM all earned and unpaid amounts due by the Company to BAM hereunder up to the date of termination, together with any other charges which have been previously approved by the Company and are to be reimbursed by the Company hereunder, including applicable adjustments. The Company shall, however, be under no obligation to pay to BAM any amount for services performed by BAM after the date of termination unless such services have been requested by the Company. In no event shall the Company be obligated or otherwise required to pay a termination fee upon the termination of this Agreement.
Appears in 3 contracts
Sources: Administration Agreement (Brookfield Asset Management Reinsurance Partners Ltd.), Administration Agreement (Brookfield Asset Management Reinsurance Partners Ltd.), Administration Agreement (Brookfield Asset Management Inc.)