Common use of Payments to and Duties of Adviser Upon Termination Clause in Contracts

Payments to and Duties of Adviser Upon Termination. (a) After the Termination Date, the Adviser shall not be entitled to compensation for further services hereunder except it shall be entitled to receive from the Company within 30 days after the effective date of such termination all unpaid reimbursements of expenses and all earned but unpaid fees payable to the Adviser prior to termination of this Agreement. (b) The Adviser shall promptly upon termination: (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 of Trustees 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 of Trustees; (iii) deliver to the Board of Trustees all assets, including all Investments, and documents of the Company then in the custody of the Adviser; and (iv) cooperate with, and take all reasonable actions requested by, the Company and Board of Trustees in making an orderly transition of the advisory function.

Payments to and Duties of Adviser Upon Termination. (a) After the Termination Date, the Adviser shall not be entitled to compensation for further services hereunder except it shall be entitled to receive from the Company Trust within 30 days after the effective date of such termination all unpaid reimbursements of expenses and all earned but unpaid fees payable to the Adviser prior to termination of this Agreement. (ba) The Adviser shall promptly upon termination: (i) pay over to the Company Trust all money collected and held for the account of the Company Trust 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 of Trustees 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 of TrusteesBoard; (iii) deliver to the Board of Trustees all assets, including all Investmentsinvestments, and documents of the Company Trust then in the custody of the Adviser; and (iv) cooperate with, and take all reasonable actions requested by, the Company Trust and Board of Trustees in making an orderly transition of the advisory function.

Payments to and Duties of Adviser Upon Termination. (a) After the Termination Date, the Adviser shall not be entitled to compensation for further services hereunder except it shall be entitled to receive from the Company within 30 days after the effective date of such termination all unpaid reimbursements of expenses and all earned but unpaid fees payable to the Adviser prior to termination of this Agreement, subject to the 2%/25% Guidelines to the extent applicable. (b) The Adviser shall promptly upon termination: (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 of Trustees 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 of TrusteesBoard; (iii) deliver to the Board of Trustees all assets, including all Investments, and documents of the Company then in the custody of the AdviserAdviser (if any); and (iv) cooperate with, and take all reasonable actions requested by, the Company and Board of Trustees in making an orderly transition of the advisory function.