Advisor’s Duties. The Advisor shall, and shall cause any Affiliate or assigns, promptly upon termination of this Agreement: (i) pay over to the Company and the Operating Partnership all money collected and held for the account of the Company, the Operating Partnership and any of their respective Affiliates 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 a full accounting, including a statement showing all payments collected by the Advisor or any of its Affiliates or assigns and a statement of all money held by any of them, covering the period following the date of the last accounting furnished to the Board; (iii) deliver to the Board all assets, including all Investments, and documents of the Company and the Operating Partnership then in the custody of the Advisor or any of its Affiliates or assigns; and (iv) cooperate with the Company and the Operating Partnership to provide an orderly management transition.
Appears in 12 contracts
Samples: Advisory Agreement (American Realty Capital New York City REIT II, Inc.), Advisory Agreement (American Realty Capital New York City REIT II, Inc.), Advisory Agreement (American Realty Capital New York City REIT II, Inc.)
