Common use of Action Upon Termination Clause in Contracts

Action Upon Termination. From and after the effective date of termination of this Agreement, pursuant to Sections 19, 21 or 22 hereof, the Advisor shall not be entitled to compensation for further services hereunder but shall be paid all compensation accruing to the date of termination. The Advisor shall forthwith upon such termination: (a) pay over to the Company all monies collected and held for the account of the Company pursuant to this Agreement; (b) deliver to the Directors a full accounting, including a statement showing all payments collected by it and a statement of any monies held by it, covering the period following the date of the last accounting furnished to the Directors; and (c) deliver to the Directors all property and documents of the Company then in the custody of the Advisor.

Action Upon Termination. From and after the effective date of termination of this Agreement, pursuant to Sections 19, 21 or 22 hereof, the The Advisor shall not be entitled to compensation for further services hereunder but shall be paid all compensation accruing to performed after the effective date of terminationthe termination of this Agreement. The Advisor shall shall, forthwith upon such termination: (a) promptly pay over to the Company all monies 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 under this Agreement; (b) promptly deliver to the Directors Company a full accounting, including a statement showing all payments collected by it amounts collected, disbursed and a statement of any monies held by itthe Advisor, covering for the period following the date of the last accounting furnished to the DirectorsCompany; and (c) promptly deliver to the Directors Company all property and documents of the Company then in the custody of the Advisor.

Action Upon Termination. From and after the effective date of termination of this Agreement, pursuant to Sections 19, 21 or 22 hereof, the Advisor shall not be entitled to compensation for further services hereunder but shall be paid all compensation accruing to the date of termination. The Advisor shall forthwith upon such termination: (a) pay a. Pay over to the Company all any monies collected and held for the account of the Company pursuant to this Agreement; (b) b. deliver to the Directors Company a full accounting, including a statement showing all payments collected by it and a statement of any monies held by it, covering the period following the date of the last accounting furnished to the Directors; and (c) c. deliver to the Directors Company all property and documents of the Company then in the custody of the Advisor.

Action Upon Termination. From and after If the effective date of termination of Advisor terminates this Agreement, pursuant to Sections 19, 21 or 22 hereof, the Advisor shall not be entitled to compensation for further services hereunder but shall be paid all compensation accruing to performed after the effective date of such termination. The Advisor shall shall, forthwith upon such termination: (a) promptly pay over to the Company all monies 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 under this Agreement; (b) promptly deliver to the Directors Company a full accounting, including a statement showing all payments collected by it amounts collected, disbursed and a statement of any monies held by itthe Advisor, covering for the period following the date of the last accounting furnished to the DirectorsCompany; and (c) promptly deliver to the Directors Company all property and documents of the Company then in the custody of the Advisor.

Action Upon Termination. From and after the effective date of termination of this Agreement, pursuant to Sections 18, 19, 20 or 21 or 22 hereof, the Advisor shall not be entitled to compensation for further services hereunder but shall be paid all compensation accruing to the date of termination. The Advisor shall forthwith upon such termination: (a) pay a. Pay over to the Company all any monies collected and held for the account of the Company pursuant to this Agreement; (b) b. deliver to the Directors Company a full accounting, including a statement showing all payments collected by it and a statement of any monies held by it, covering the period following the date of the last accounting furnished to the Directors; and (c) c. deliver to the Directors Company all property and documents of the Company then in the custody of the Advisor.

Action Upon Termination. From and after the effective date of termination of this Agreement, pursuant to Sections 19, 21 or 22 hereof, the Advisor shall not be entitled to compensation for further services hereunder but shall be paid all compensation accruing to the date of termination. The Advisor shall forthwith upon such termination: (a) pay over to the Company Trust all monies collected and held for the account of the Company Trust pursuant to this Agreement; (b) deliver to the Directors Trustees a full accounting, including a statement showing all payments collected by it and a statement of any monies held by it, covering the period following the date of the last accounting furnished to the DirectorsTrustees; and (c) deliver to the Directors Trustees all property and documents of the Company Trust then in the custody of the Advisor.

Action Upon Termination. (a) From and after the effective date of termination of this Agreement, pursuant to Sections 1913, 21 14 or 22 hereof15 of this Agreement, the Advisor Manager shall not be entitled to compensation for further services hereunder under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13(a) or Section 15(b), the applicable Termination Fee. Upon such termination. The Advisor , the Manager shall forthwith upon such termination: (a) pay over to the Company all monies collected and held for the account of the Company pursuant to this Agreement; (b) deliver to the Board of Directors a full accounting, including a statement showing all payments collected by it and a statement of any monies all money held by it, covering the period following the date of the last accounting furnished to the Directors; and (c) deliver Board of Directors with respect to the Directors all property and documents of the Company then in the custody of the Advisoror a Subsidiary.

Action Upon Termination. From and after the effective date of ----------------------- termination of this Agreement, pursuant to Sections 19, 21 or 22 hereof, the Advisor shall not be entitled to compensation for further services hereunder but shall be paid all compensation accruing to the date of termination. The Advisor shall forthwith upon such termination: : (a) pay over to the Company all monies collected and held for the account of the Company pursuant to this Agreement; ; (b) deliver to the Directors a full accounting, including a statement showing all payments collected by it and a statement of any monies held by it, covering the period following the date of the last accounting furnished to the Directors; and and (c) deliver to the Directors all property and documents of the Company then in the custody of the Advisor.