Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Fee. Upon such termination, the Manager shall forthwith:
Appears in 25 contracts
Samples: Management and Advisory Agreement (Fortress Transportation & Infrastructure Investors LLC), Management and Advisory Agreement (FTAI Infrastructure Inc.), Management and Advisory Agreement
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, 13 or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 13(a) or Section 15(b), the applicable Termination Fee. Upon such termination, the Manager shall forthwith:
Appears in 21 contracts
Samples: Management Agreement (ZAIS Financial Corp.), Management Agreement (ZAIS Financial Corp.), Termination Agreement (ZAIS Financial Corp.)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, Agreement pursuant to Sections 1310, 1411, or 15 12 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination and, if terminated or not renewed pursuant to Section 13 or Section 15(b)10, the applicable Termination Fee. Upon any such termination, the Manager shall forthwith:
Appears in 12 contracts
Samples: Management Agreement (Anworth Mortgage Asset Corp), Management Agreement (American Capital Mortgage Investment Corp.), Management Agreement (American Capital, LTD)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, Agreement pursuant to Sections 1311, 1412, 13 or 15 14 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b)the Manager is so entitled in accordance with the terms of this Agreement, the applicable Termination Fee. Upon any such termination, the Manager shall forthwith:
Appears in 11 contracts
Samples: Management Agreement (PennyMac Financial Services, Inc.), Management Agreement (PennyMac Mortgage Investment Trust), Management Agreement (Pennymac Financial Services, Inc.)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b15(c), the applicable Termination Fee. Upon such termination, the Manager shall forthwith:
Appears in 10 contracts
Samples: Management Agreement (Exantas Capital Corp.), Management Agreement (Resource Capital Corp.), Management Agreement (Resource Capital Corp.)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, Agreement pursuant to Sections 1310, 1411, or 15 12 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 12(b) hereof or not renewed pursuant to Section 15(b10(b) hereof (subject to Section 10(c) hereof), the applicable Termination Fee. Upon any such termination, the Manager shall forthwith:
Appears in 9 contracts
Samples: Management Agreement (Cim Real Estate Finance Trust, Inc.), Management Agreement (Cole Credit Property Trust Iv, Inc.), Management Agreement (KKR Real Estate Finance Trust Inc.)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, Agreement pursuant to Sections Section 11, 12 or 13, 14, or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder. If the Manager is terminated pursuant to Sections 11(b) or 13(b), but it shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination FeeFees Accrued Upon Termination. Upon any such termination, the Manager shall forthwith:
Appears in 8 contracts
Samples: Management Agreement (Preferred Apartment Communities Inc), Management Agreement (Preferred Apartment Communities Inc), Management Agreement (Preferred Apartment Communities Inc)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, Agreement pursuant to Sections 1310, 14, 11 or 15 12 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing accruing, and reimbursable expenses incurred prior, to the date of termination and, if terminated or not renewed pursuant to Section 13 10 or assigned by the Company without the Manager’s consent pursuant to Section 15(b)11, the applicable Termination Fee. Upon any such termination, the Manager shall forthwith:
Appears in 6 contracts
Samples: Management Agreement (Orchid Island Capital, Inc.), Management Agreement (Orchid Island Capital, Inc.), Management Agreement (Bimini Capital Management, Inc.)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, Agreement pursuant to Sections 13, 14, 10 or 15 11 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination and, if (x) terminated pursuant to Section 13 11(b) hereof or (y) not renewed pursuant to Section 15(b10(b) hereof (subject to Section 10(c) hereof), the applicable Termination Fee. Upon any such termination, the Manager shall forthwith:
Appears in 5 contracts
Samples: Management Agreement (Medalist Diversified REIT, Inc.), Management Agreement (Medalist Diversified REIT, Inc.), Management Agreement (HC Government Realty Trust, Inc.)
Action Upon Termination. (a) From and after the effective date Date of termination Termination of this Agreement, Agreement pursuant to Sections 13, 13 or 14, or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid hereunder other than payment of all compensation accruing for services rendered to the date effective Date of termination andTermination; provided, that if this Agreement is (x) terminated or not renewed pursuant to Sections 13(b) (subject to Section 13 13(c)) or Section 15(b14(b), the applicable Manager shall also be entitled to receive the Termination Fee. Upon any such termination, the Manager shall forthwith:
Appears in 5 contracts
Samples: Management Agreement, Management Agreement (Alpine Income Property Trust, Inc.), Management Agreement (Consolidated Tomoka Land Co)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, Agreement pursuant to Sections 1310, 1411, or 15 12 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Feetermination. Upon any such termination, the Manager shall forthwith:
Appears in 5 contracts
Samples: Management Agreement (American Realty Capital Properties, Inc.), Agreement and Plan of Merger (American Realty Capital Properties, Inc.), Management Agreement (American Realty Capital Properties, Inc.)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, Agreement pursuant to Sections 1311, 1412, or 15 13 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 13(b) hereof or not renewed pursuant to Section 15(b11(b) hereof (subject to Section 11(c) hereof), the applicable Termination Fee. Upon any such termination, the Manager shall forthwith:
Appears in 4 contracts
Samples: Management Agreement (Acre Realty Investors Inc), Stock Purchase Agreement (Roberts Realty Investors Inc), Management Agreement (Starwood Waypoint Residential Trust)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, or 15 of this Agreement, the Manager shall not be entitled to compensation for further services or reimbursement of expenses under this Agreement, but shall be paid all compensation (Monthly Fees, Management Fee and Incentive Compensation), and Expenses, in each case accruing or earned to the date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Fee. Upon such termination, the Manager shall forthwith:
Appears in 4 contracts
Samples: Management and Advisory Agreement, Management and Advisory Agreement (New Media Investment Group Inc.), Management and Advisory Agreement (New Media Investment Group Inc.)
Action Upon Termination. (a) From and after the effective date conclusion of termination of this Agreement, pursuant to Sections 13, 14, or 15 of this Agreementthe Term, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid (i) all compensation accruing prior to the date conclusion of termination and, the Term and (ii) if terminated pursuant to Section 13 or Section 15(b)applicable, the applicable Termination Fee. Upon such terminationThe previous sentence will not limit any damages that may be awarded for a breach of this Agreement. Promptly after the Term, the Manager shall forthwith:
Appears in 3 contracts
Samples: Management and Advisory Agreement (New Media Investment Group Inc.), Management and Advisory Agreement (Gannett Co., Inc.), Management and Advisory Agreement (New Media Investment Group Inc.)
Action Upon Termination. (a) From and after the effective date Effective Termination Date of termination this Agreement pursuant to Sections 10, 11, or 12 of this Agreement, pursuant to Sections 13, 14, or 15 of this Agreement, the : The Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 10(b) or Section 15(b)12(b) hereof, the applicable Termination Fee. Upon any such termination, the Manager shall forthwith:
Appears in 3 contracts
Samples: Management Agreement (KKR Private Equity Conglomerate LLC), Management Agreement (KKR Infrastructure Conglomerate LLC), Management Agreement (KKR Private Equity Conglomerate LLC)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, 16 or 15 18 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid (i) if terminated pursuant to Section 16, all compensation accruing to the date of termination andtermination, (ii) if terminated pursuant to Section 13 or Section 15(b16(b), the applicable Termination Fee. Upon such termination, the Manager shall forthwith:and (iii) as provided in Section 10 and Section 11.
Appears in 3 contracts
Samples: Management Agreement (InfraREIT, Inc.), Management Agreement (InfraREIT, Inc.), Management Agreement (InfraREIT, Inc.)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, Agreement pursuant to Sections 13Section 11, 1412, 13 or 15 14 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b)the Manager is so entitled in accordance with the terms of this Agreement, the applicable Termination Fee. Upon any such termination, the Manager shall forthwith:
Appears in 3 contracts
Samples: Management Agreement (Angel Oak Mortgage REIT, Inc.), Management Agreement (Angel Oak Mortgage, Inc.), Management Agreement (Angel Oak Mortgage, Inc.)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, Agreement pursuant to Sections 13, 14, 10 or 15 11 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination and, if (x) terminated pursuant to Section 13 11(b) hereof or (y) not renewed pursuant to (i) Section 15(b10(b) hereof (subject to Section 10(c) hereof) or (ii) Section 10(f) (subject to Section 10(f)(ii) hereof), the applicable Termination Fee. Upon any such termination, the Manager shall forthwith:
Appears in 3 contracts
Samples: Management Agreement (Bluerock Residential Growth REIT, Inc.), Management Agreement (Bluerock Residential Growth REIT, Inc.), Management Agreement (Bluerock Residential Growth REIT, Inc.)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, Agreement (the “Effective Termination Date”) pursuant to Sections 13, 14, 13 or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Feetermination. Upon such termination, the Manager shall forthwith:
Appears in 3 contracts
Samples: Operating Agreement (Apollo Asset Backed Credit Co LLC), Operating Agreement (Apollo Asset Backed Credit Co LLC), Operating Agreement (Apollo Infrastructure Co LLC)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, Effective Termination Date pursuant to Sections 13, 14, or 15 of this AgreementSection 12, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination andtermination, if terminated pursuant to Section 13 or Section 15(b)including, the applicable without limitation, any Termination Fee. Upon Fee or/and Promote Fee due in connection with such termination. On the Effective Termination Date or as promptly thereafter as practicable, the Manager shall forthwith:
Appears in 3 contracts
Samples: Asset Management Agreement, Asset Management Agreement (Spirit Realty Capital, Inc.), Asset Management Agreement (Spirit MTA REIT)
Action Upon Termination. (a) From and after the effective date of any termination of this Agreement, pursuant to Sections 13, 14, or 15 of this Agreement, the Manager shall not be entitled to no compensation for further services under rendered hereunder for the remainder of the then current term of this Agreement, but shall be paid paid, on a pro rata basis as set forth in this Section 15, all compensation accruing due for services performed prior to the effective date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Feesuch termination. Upon such termination, the Manager shall forthwithas promptly as practicable:
Appears in 3 contracts
Samples: Business Management Agreement (RMR Group Inc.), Business Management Agreement (RMR Group Inc.), Business Management Agreement (Reit Management & Research Inc.)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to for any reason other than for "cause" under Section 13 or Section 15(b)14, the applicable Termination Feetermination fee. Upon such termination, the Manager shall forthwith:
Appears in 3 contracts
Samples: Management Agreement (Amresco Capital Trust), Management Agreement (Amresco Capital Trust), Management Agreement (Amresco Capital Trust)
Action Upon Termination. (a) (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Fee. Upon such termination, the Manager shall forthwith:
Appears in 3 contracts
Samples: Management and Advisory Agreement (New Residential Investment Corp.), Management and Advisory Agreement (New Residential Investment Corp.), Management and Advisory Agreement (New Residential Investment Corp.)
Action Upon Termination. (a) From and after the effective date of any termination of this Agreement, Agreement pursuant to Sections 13, 14, or Section 15 of this Agreementhereof, the Manager shall not be entitled to no compensation for further services under this Agreementrendered hereunder, but shall be paid paid, on a pro rata basis, all compensation accruing due for services performed prior to the effective date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Feesuch termination. Upon such termination, the Manager shall forthwithas promptly as practicable:
Appears in 3 contracts
Samples: Management Agreement (CorEnergy Infrastructure Trust, Inc.), Management Agreement (CorEnergy Infrastructure Trust, Inc.), Management Agreement (CorEnergy Infrastructure Trust, Inc.)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b)13, the applicable Termination Fee. Upon such termination, the Manager shall forthwith:
Appears in 2 contracts
Samples: Management and Advisory Agreement (Newcastle Investment Corp), Management and Advisory Agreement (Fortress Investment Corp)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 1310, 1411, 12, 13 or 15 14 of this Agreement, except as otherwise specified in Section 10.3 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation the Management Fees under Section 6 accruing to the date of termination and, if terminated pursuant to and due but unpaid expense reimbursements under Section 13 or Section 15(b), the applicable Termination Fee7 hereof. Upon such termination, the Manager shall forthwith:
Appears in 2 contracts
Samples: Form of Management Agreement (Madison Square Capital, Inc.), Form of Management Agreement (Madison Square Capital, Inc.)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, 14 or 15 16 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Feetermination. Upon such termination, the Manager shall forthwithpromptly:
Appears in 2 contracts
Samples: Management Agreement (Safety, Income & Growth, Inc.), Form of Management Agreement (Safety, Income & Growth, Inc.)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, 14 or 15 16 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 14(a) or Section 15(b16(b), the applicable Termination Fee. Upon such termination, the Manager shall forthwith:
Appears in 2 contracts
Samples: Management Agreement (Silver Bay Realty Trust Corp.), Management Agreement (Silver Bay Realty Trust Corp.)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b)) of this Agreement, the applicable Termination Fee. Upon such termination, the Manager shall forthwith:
Appears in 2 contracts
Samples: Gatehouse Management and Advisory Agreement (New Media Investment Group Inc.), Gatehouse Management and Advisory Agreement (New Media Investment Group Inc.)
Action Upon Termination. (a) From and after the effective date of expiration or termination of this Agreement, Agreement pursuant to Sections 1310, 1411, or 15 12 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination and, if terminated this Agreement is not renewed pursuant to Section 13 or Section 15(b)10, the applicable Termination Fee. Upon any such termination, the Manager shall forthwith:
Appears in 2 contracts
Samples: Management Agreement (Care Investment Trust Inc.), Management Agreement (Care Investment Trust Inc.)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, Agreement pursuant to Sections 1310, 1411, or 15 12 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 10(b) or Section 15(b)12(b) hereof, the applicable Termination Fee. Upon any such termination, the Manager shall forthwith:
Appears in 2 contracts
Samples: Management Agreement (KKR Infrastructure Conglomerate LLC), Management Agreement (KKR Infrastructure Conglomerate LLC)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 13(a) or Section 15(b15(c), the applicable Termination Fee. Upon such termination, the Manager shall forthwithpromptly:
Appears in 2 contracts
Samples: Interim Management Agreement, Interim Management Agreement (Sunset Financial Resources Inc)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, Agreement pursuant to Sections 13, 13 or 14, or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, Agreement but shall be paid all compensation accruing to the date of such termination andand the Termination Fee, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Feeapplicable. Upon such termination, the Manager shall forthwith:
Appears in 2 contracts
Samples: Management and Advisory Agreement (Arbor Realty Trust Inc), Management and Advisory Agreement (Arbor Realty Trust Inc)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, Agreement pursuant to Sections 12, 13, 14, or 15 14 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination and, if terminated by the Company pursuant to Section 13 or Section 15(b)12, the applicable Termination Feetermination fee. Upon such termination, the Manager shall forthwith:
Appears in 2 contracts
Samples: Agreement to Extend Management Agreement (Friedman Billings Ramsey Group Inc), Management Agreement (FBR Asset Investment Corp Md)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, or 15 of this AgreementSection 10 hereof, the Manager shall not be entitled to compensation for further services under this Agreement, service rendered hereunder but shall be paid all compensation accruing to and reimbursed for all expenses accrued through the date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Feetermination. Upon The Manager shall forthwith upon such termination, the Manager shall forthwith:
Appears in 2 contracts
Samples: Management Agreement (Centerline Holding Co), Management Agreement (Chartermac)
Action Upon Termination. (a) From and after the effective date Date of termination Termination of this Agreement, Agreement pursuant to Sections 13, 14, 13 or 15 14 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid hereunder other than payment of all compensation accruing for services rendered to the date Date of termination andTermination; provided, that if this Agreement is (x) terminated or not renewed pursuant to Section 13 13(b)(i), 13(c) (subject to 13(f)(ii) hereof) or Section 15(b)14(b) hereof, the applicable Manager shall also be entitled to receive the Termination Fee. Upon any such termination, the Manager shall forthwith:
Appears in 2 contracts
Samples: Management Agreement (Global Medical REIT Inc.), Management Agreement (Global Medical REIT Inc.)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, Agreement pursuant to Sections Section 11, 12 or 13, 14, or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under hereunder except for Fees Accrued Upon Termination which are payable pursuant to this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Fee. Upon any such termination, the Manager shall forthwithforth-with:
Appears in 2 contracts
Samples: Management Agreement (Wheeler Real Estate Investment Trust, Inc.), Management Agreement (Wheeler Real Estate Investment Trust, Inc.)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 1312(a), 14, 12(c) or 15 14 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 12(a) or Section 15(b14(b), the applicable Termination Fee. Upon such termination, the Manager shall forthwith:
Appears in 2 contracts
Samples: Management Agreement (Terra Property Trust, Inc.), Management Agreement (Western Asset Mortgage Capital Corp)
Action Upon Termination. (a) From and after the effective date of termination or assignment of this Agreement, Agreement pursuant to Sections 1310, 1411, or 15 12 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 12(b) or not renewed pursuant to Section 15(b)10, the applicable Termination Fee. Upon any such termination, the Manager shall forthwith:
Appears in 2 contracts
Samples: Management Agreement (Western Asset Mortgage Capital Corp), Form of Management Agreement (Western Asset Mortgage Capital Corp)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, except pursuant to any separate written management termination agreement that may be negotiated by the parties, but shall be paid all any compensation accruing to through the date of termination andtermination, if terminated pursuant to Section 13 or Section 15(b), including the applicable Termination FeeNon-Competition Payment. Upon such termination, the Manager shall forthwith:
Appears in 2 contracts
Samples: Management Agreement (Clarion Commercial Holdings Inc), Management Agreement (Laser Mortgage Management Inc)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, Agreement pursuant to Sections 13Section 10, 1411, or 15 12 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 12(b) hereof or not renewed pursuant to Section 15(b10(b) hereof (subject to Section 10(c) hereof), the applicable Termination Fee. Upon any such termination, the Manager shall forthwith:
Appears in 2 contracts
Samples: Management Agreement (TPG RE Finance Trust, Inc.), Management Agreement (TPG RE Finance Trust, Inc.)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, or 15 except as otherwise specified in of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Feetermination,. Upon such termination, the Manager shall forthwith:
Appears in 2 contracts
Samples: Management Agreement (Del Mar Income Partners LTD), Management Agreement (Del Mar Income Partners LTD)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Fee. Upon such termination, the Manager shall forthwith:
Appears in 2 contracts
Samples: Management Agreement (KKR Financial Corp), Management Agreement (KKR Financial Holdings LLC)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, Agreement pursuant to Sections 1310, 1411, or 15 12 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to section 12(b) hereof or not renewed pursuant to Section 13 or 10(b) hereof (subject to Section 15(b10(c) hereof), the applicable Termination Fee. Upon any such termination, the Manager shall forthwith:
Appears in 2 contracts
Samples: Management Agreement (Starwood Property Trust, Inc.), Management Agreement (Starwood Property Trust, Inc.)
Action Upon Termination. (a) From and after the effective date of ----------------------- termination of this Agreement, pursuant to Sections 1310, 1411 or 12 of this Agreement, or 15 except as otherwise specified in Section 10.2 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation Base and Incentive Management Compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Feetermination. Upon such termination, the Manager shall forthwith:
Appears in 2 contracts
Samples: Management Agreement (Anworth Mortgage Asset Corp), Management Agreement (Apex Mortgage Capital Inc)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, 13 or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 13(a) or Section 15(b), the applicable Termination Fee. Upon such termination, the Manager shall forthwith:
Appears in 2 contracts
Samples: Management Agreement (Invesco Mortgage Capital Inc.), Form of Management Agreement (Invesco Mortgage Capital Inc.)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, Agreement pursuant to Sections 1310, 1411, or 15 12 of this Agreement, the : The Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 10(b) or Section 15(b)12(b) hereof, the applicable Termination Fee. Upon any such termination, the Manager shall forthwith:
Appears in 2 contracts
Samples: Management Agreement (KKR Private Equity Conglomerate LLC), Management Agreement (KKR Infrastructure Conglomerate LLC)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, or 15 of this AgreementEffective Termination Date, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 termination. On the Effective Termination Date or Section 15(b), the applicable Termination Fee. Upon such terminationas promptly thereafter as practicable, the Manager shall forthwith:
Appears in 2 contracts
Samples: Interim Management Agreement (Spirit Realty, L.P.), Interim Management Agreement (Spirit MTA REIT)
Action Upon Termination. (a) From and after the effective date of ----------------------- termination of this Agreement, pursuant to Sections 13, 14, or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b)13, the applicable Termination Feetermination fee. Upon such termination, the Manager shall forthwith:
Appears in 2 contracts
Samples: Management Agreement (Wilshire Real Estate Investment Trust Inc), Management Agreement (Wilshire Financial Services Group Inc)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b)13, the applicable Termination Feetermination fee. Upon such termination, the Manager shall forthwith:
Appears in 2 contracts
Samples: Form of Management Agreement (Ocwen Asset Investment Corp), Management Agreement (Ocwen Asset Investment Corp)
Action Upon Termination. (a) From and after the effective date of expiration or earlier termination of this Agreement, pursuant to Sections 13, 14, 13 or 15 of this AgreementAgreement or otherwise, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Feetermination. Upon such termination, the Manager shall forthwith:
Appears in 2 contracts
Samples: Management Agreement (Annaly Capital Management Inc), Management Agreement (Annaly Capital Management Inc)
Action Upon Termination. (a) From and after the effective date of ----------------------- termination of this Agreement, pursuant to Sections 1312, 14, or 15 of this Agreement13 and 14 hereof, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Fee. Upon such termination, the subject to adjustments on an annualized basis in accordance with Section 6(c). The Manager shall forthwith:forthwith upon such termination deliver to the Board of Directors all property and documents, corporate records, reports and software of the Company or any subsidiary of the Company then in the custody of the Manager.
Appears in 2 contracts
Samples: Management Agreement, Management Agreement (Imperial Credit Mortgage Holdings Inc)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, Effective Termination Date pursuant to Sections 13, 14, or 15 of this AgreementSection 12, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination andtermination, if terminated pursuant to Section 13 or Section 15(b)including, the applicable without limitation, any Termination Fee. Upon Fee or/and Promote Fee due in connection with such termination. On the Effective Termination Date or as promptly thereafter as practicable, the Manager shall forthwith:: (i) after deducting any accrued compensation and reimbursement for its expenses to 18
Appears in 2 contracts
Samples: Asset Management Agreement (Spirit Realty, L.P.), Asset Management Agreement (Spirit MTA REIT)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, Agreement pursuant to Sections 1310, 1411, or 15 of this Agreement12, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Feetermination. Upon any such termination, the Manager shall forthwith:
Appears in 1 contract
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, Agreement pursuant to Sections 1310, 1411, or 15 12 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b)payable, the applicable Termination Fee. Upon any such termination, the Manager shall forthwith:
Appears in 1 contract
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections Section 13, 14, or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b15(c), the applicable Termination Fee. Upon such termination, the Manager shall forthwith:
Appears in 1 contract
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination andtermination, including, if terminated pursuant to Section 13 or Section 15(b)applicable, the applicable Termination Fee. Upon such termination, the Manager shall forthwith:deliver to the Board of Directors all property and documents of the Company or any Subsidiary then in the custody of the Manager.
Appears in 1 contract
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, Agreement pursuant to Sections Section 11, 12 or 13, 14, or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder. If the Manager is terminated pursuant to Section 11(b) or 13(b) or upon liquidation of the Company, but it shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination FeeFees Accrued Upon Termination. Upon any such termination, the Manager shall forthwith:
Appears in 1 contract
Samples: Management Agreement (Preferred Apartment Communities Inc)
Action Upon Termination. (a) From and after the effective date of termination of this Agreementagreement, pursuant to Sections sections 13, 14, 14 or 15 of this Agreementagreement, the Manager shall not be entitled to compensation for further services under this Agreementagreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section section 13 or Section section 15(b), the applicable Termination Feetermination fee. Upon such termination, the Manager shall forthwith:
Appears in 1 contract
Samples: Management Agreement (Cypress Sharpridge Investments, Inc.)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 1314(b), 1414(c), 15, 16 or 15 17 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, except pursuant to any separate written management termination agreement that may hereafter be negotiated by the parties, but shall be paid all compensation accruing to the date of termination andtermination, if terminated including any Incentive Compensation which may be owed pursuant to Section 13 or Section 15(b), the applicable Termination Fee7(b) of this Agreement. Upon such termination, the Manager shall forthwith:
Appears in 1 contract
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, 14 or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, except pursuant to any ------ separate written management termination agreement that may hereafter be negotiated by the parties, but shall be paid all compensation accruing to the date of termination andtermination, if terminated pursuant to including deferred incentive compensation which is recoverable in accordance with Section 13 or Section 15(b), the applicable Termination Fee7(e) of this Agreement. Upon such termination, the Manager shall forthwith:
Appears in 1 contract
Samples: Management Agreement (Thornburg Mortgage Asset Corp)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, Agreement pursuant to Sections 13, 14, or 15 Section 17 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b)17(c) of this Agreement, the applicable Termination FeeFee (if any). Upon such termination, the Manager shall forthwith:
Appears in 1 contract
Action Upon Termination. (a) From and after the effective date Date of termination Termination of this Agreement, Agreement pursuant to Sections 13, 13 or 14, or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid hereunder other than payment of all compensation accruing for services rendered to the date Date of termination andTermination; provided, that if this Agreement is (x) terminated or not renewed pursuant to Section 13 13(b)(i), 13(c), or Section 15(b14(b), the applicable Manager shall also be entitled to receive the Termination Fee. Upon any such termination, the Manager shall forthwith:
Appears in 1 contract
Samples: Management Agreement (Aspire Real Estate Investors, Inc.)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, 13 or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination in cash (to the extent not already paid in common stock) and, if terminated pursuant to Section 13 13(a) or Section 15(b), the applicable Termination Fee. Upon such termination, the Manager shall forthwith:
Appears in 1 contract
Samples: Form of Management Agreement (Provident Mortgage Capital Associates, Inc.)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, 15 or 15 16 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 14(a) or Section 15(b16(b), the applicable Termination Fee. Upon such termination, the Manager shall forthwith:
Appears in 1 contract
Samples: Management Agreement (Ladder Capital Realty Finance Inc)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 1313(b), 14, 14 or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, except pursuant to any separate written management termination agreement that may hereafter be negotiated by the parties, but shall be paid all compensation accruing to the date of termination andtermination, if terminated pursuant to including deferred Incentive Compensation which is recoverable in accordance with Section 13 or Section 15(b), the applicable Termination Fee7(b) of this Agreement. Upon such termination, the Manager shall forthwith:
Appears in 1 contract
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, Agreement pursuant to Sections 13, 14, or 15 of this AgreementSection 16, the Manager shall not be entitled to compensation for further services under this Agreementpursuant to Section 10 or 11, but the Manager shall be paid all compensation accruing due for services performed prior to the effective date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Feesuch termination. Upon such termination, the Manager shall forthwithshall, as promptly as practicable:
Appears in 1 contract
Action Upon Termination. (a) From and after the effective date of any termination of this Agreement, Agreement pursuant to Sections 13, 14, or Section 15 of this Agreementhereof, the Manager shall not be entitled to no compensation for further services under this Agreementrendered hereunder, but shall be paid paid, in addition to any amount due under Section 15(d), on a pro rata basis, all compensation accruing due for services performed prior to the effective date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Feesuch termination. Upon such termination, the Manager shall forthwithas promptly as practicable:
Appears in 1 contract
Samples: Management Agreement (CorEnergy Infrastructure Trust, Inc.)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, Agreement pursuant to Sections 1310, 1411, or 15 12 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 12(b) hereof or not renewed pursuant to Section 15(b)10(b) hereof, the Termination Fee as set forth in the applicable Termination FeeSection. Upon any such termination, the Manager shall forthwith:
Appears in 1 contract
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, 15, or 15 of this Agreement16 hereof, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination andtermination, if terminated pursuant subject to adjustment on an annualized basis in accordance with Section 13 or Section 15(b10(d), the applicable Termination Fee. Upon The Manager shall forthwith upon such termination, the Manager shall forthwith:
Appears in 1 contract
Samples: And Extended Management Agreement (Countrywide Credit Industries Inc)
Action Upon Termination. (a) From and after the Effective Termination Date or other effective date of termination of this Agreement, Agreement pursuant to Sections 13Section 10 or Section 12, 14, or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the Effective Termination Date or other effective date of termination and, if terminated pursuant to Section 13 or Section 15(b)Manager is so entitled thereto in accordance with the terms of this Agreement, the applicable Termination Fee. Upon any such termination, the Manager shall forthwith:
Appears in 1 contract
Samples: Asset Management Agreement (Altisource Asset Management Corp)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections Section 13, Section 14, or Section 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Feetermination. Upon such termination, the Manager shall forthwith:
Appears in 1 contract
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections Section 8(b), 13, 14, 14(a) or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Feetermination. Upon such termination, the Manager shall forthwith:
Appears in 1 contract
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be immediately paid all compensation accruing to the effective date of termination and, if terminated pursuant to Section 13 or Section 15(b)applicable, the applicable Termination Fee. Upon such As soon as practicable after the effective date of termination, the Manager shall forthwithshall:
Appears in 1 contract
Samples: Management and Advisory Agreement (Springleaf REIT Inc.)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, 14 or 15 of this Agreement15, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Feetermination. Upon such termination, the Manager shall forthwith:
Appears in 1 contract
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections sections 13, 14, 14 or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section section 13 or Section section 15(b), the applicable Termination Feetermination fee. Upon such termination, the Manager shall forthwith:
Appears in 1 contract
Samples: Management Agreement (Cypress Sharpridge Investments, Inc.)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, Agreement pursuant to Sections 12, 13, 14, 14 or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b)the Manager is so entitled in accordance with the terms of this Agreement, the applicable Termination Fee. Upon any such termination, the Manager shall forthwith:
Appears in 1 contract
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, 14 or 15 of this Agreement, except as otherwise specified in Section 13(b) of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination andtermination, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Feeincluding accrued and unpaid incentive compensation. Upon such termination, the Manager shall forthwith:
Appears in 1 contract
Samples: Management Agreement (American Residential Investment Trust Inc)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, Section 14 or 15 Section 16 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 14(a) or Section 15(b16(b), the applicable Termination Fee. Upon such termination, the Manager shall forthwith:
Appears in 1 contract
Samples: Management Agreement (PIMCO Mortgage Income Trust Inc.)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, 13 or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Feetermination. Upon such termination, the Manager shall forthwith:
Appears in 1 contract
Samples: Management Agreement (Annaly Capital Management Inc)
Action Upon Termination. (a) From and after the effective date of expiration or termination of this Agreement, Agreement pursuant to Sections 1310, 1411, or 15 12 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Fee. Upon such termination, the Manager shall forthwithpaid:
Appears in 1 contract
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, Agreement pursuant to Sections 13, 14, 14 or 15 16 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 14(a) or Section 15(b16(b), the applicable Termination Fee. Upon such termination, the Manager shall forthwith:
Appears in 1 contract
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Feetermination. Upon such termination, the Manager shall forthwith:
Appears in 1 contract
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, or 15 Section 13 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Feetermination. Upon such termination, the Manager shall forthwith:
Appears in 1 contract
Samples: Management Agreement (Ibf Vi Guaranteed Income Fund)
Action Upon Termination. (a) From and after the effective date of (i) any termination of this Agreement, pursuant to Sections 13, 14, Agreement or 15 (ii) any nonrenewal by the Manager of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination and, if terminated by the Company pursuant to Section 13 or Section 15(b)10, the applicable Termination Fee. Upon any such terminationevent, the Manager shall forthwith:
Appears in 1 contract
Samples: Management Agreement (American Capital Mortgage Investment Corp.)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, 14 or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Fee. Upon such termination, the Manager shall forthwith:
Appears in 1 contract
Samples: Management Agreement (Cypress Sharpridge Investments, Inc.)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 1310, 14, 11 or 15 12 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation Management Compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Feetermination. Upon such termination, the Manager shall forthwith:
Appears in 1 contract
Samples: Management Agreement (Hanover Capital Mortgage Holdings Inc)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, Agreement pursuant to Sections 1312, 1413, 14 or 15 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b)the Manager is so entitled in accordance with the terms of this Agreement, the applicable Termination Fee. Upon any such termination, the Manager shall forthwith:
Appears in 1 contract
Samples: Management Agreement (Hunt Companies Finance Trust, Inc.)
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, 14 or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, except pursuant to any separate written management termination agreement that may hereafter be negotiated by the parties, but shall be paid all compensation accruing to the date of termination andtermination, if terminated pursuant to including deferred incentive compensation which is recoverable in accordance with Section 13 or Section 15(b), the applicable Termination Fee7(e) of this Agreement. Upon such termination, the Manager shall forthwith:
Appears in 1 contract
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 1310, 1411, 12, or 15 13 of this Agreement, except as otherwise specified in Section 10.3 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation management fees under Section 6 accruing to the date of termination and, if terminated pursuant to and due but unpaid expense reimbursements under Section 13 or Section 15(b), the applicable Termination Fee7 hereof. Upon such termination, the Manager shall forthwith:
Appears in 1 contract
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 13(a) or Section 15(b15(c), the applicable Termination FeePayment. Upon such termination, the Manager shall forthwith:
Appears in 1 contract
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, Agreement pursuant to Sections 1310, 14, 11 or 15 of this Agreement12, the Manager shall not be entitled to compensation for further services under this Agreementhereunder, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Feetermination. Upon any such termination, the Manager shall forthwith:
Appears in 1 contract
Action Upon Termination. (a) From and after the effective date of any termination of this Agreement, pursuant to Sections 13, 14, or 15 of this Agreement, the Manager shall not be entitled to no further compensation for further services under rendered hereunder in the case of termination pursuant to this AgreementArticle VII, but shall be paid paid, on a pro rata basis, all compensation accruing due for services performed prior to such termination and all compensation due pursuant to the date of termination and, if terminated pursuant to Termination Fee and Section 13 or Section 15(b), the applicable Termination Fee7.2. Upon such termination, the Manager shall forthwithimmediately shall:
Appears in 1 contract
Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 1310, 1411, 12, 13 or 15 14 of this Agreement, except as otherwise specified in Section 10.3 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation management fees under Section 6 accruing to the date of termination and, if terminated pursuant to and due but unpaid expense reimbursements under Section 13 or Section 15(b), the applicable Termination Fee7 hereof. Upon such termination, the Manager shall forthwith:
Appears in 1 contract