Advisor’s Duties. The Advisor shall promptly upon termination of this Agreement: (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 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; (iii) deliver to the Board all assets, including all Investments, and documents of the Company then in the custody of the Advisor; and (iv) cooperate with the Company and the Board and take all reasonable steps requested to provide an orderly transition of the advisory function.
Appears in 5 contracts
Samples: Advisory Agreement (Hamilton National Income Trust, Inc.), Advisory Agreement (Roosevelt Mutual High Income Fund Inc.), Advisory Agreement (Lightstone Real Estate Income Trust Inc.)
Advisor’s Duties. The Advisor shall promptly upon termination of this Agreement:
(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 Manager 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 BoardManager;
(iii) deliver to the Board Manager all assets, including all Investments, and documents of the Company then in the custody of the Advisor; and
(iv) reasonably cooperate with the Company and the Board and take all reasonable steps requested to provide an orderly transition of the advisory functionmanagement transition.
Appears in 1 contract
Samples: Advisory Agreement (Nexpoint Real Estate Strategies Fund)
Advisor’s Duties. The Advisor shall promptly upon termination of this Agreement:
(i) 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 Manager 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 BoardManager;
(iii) . deliver to the Board Manager all assets, including all Investments, and documents of the Company then in the custody of the Advisor; and
(iv) . reasonably cooperate with the Company and the Board and take all reasonable steps requested to provide an orderly transition of the advisory functionmanagement transition.
Appears in 1 contract
Samples: Advisory Agreement (Nexpoint Real Estate Strategies Fund)