Common use of Deliveries Upon Termination Clause in Contracts

Deliveries Upon Termination. Upon termination of this Agreement, ALPS agrees to cooperate in the orderly transfer of distribution duties and shall deliver to the Fund or as otherwise directed by the Fund all records and other documents made or accumulated in the performance of its duties for the Fund hereunder. ALPS agrees to assist the Fund with respect to the process of coordinating with the Fund’s designated successor distributor to notify applicable participating intermediaries that have currently effective Broker-Dealer Selling Agreements that a successor distributor has been designated by the Fund and to provide copies of all such Agreements to the successor distributor, upon the written direction of the Fund. In the event ALPS gives notice of termination under this Agreement, it will continue to provide the services contemplated hereunder after such termination at the contractual rate for up to 120 days, provided that the Fund uses all reasonable commercial efforts to appoint such replacement on a timely basis.

Appears in 7 contracts

Samples: Distribution Agreement (FS Multi-Alternative Income Fund), Distribution Agreement (FS Credit Income Fund), Distribution Agreement (FS Energy Total Return Fund)

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Deliveries Upon Termination. Upon termination of this Agreement, ALPS agrees to cooperate in the orderly transfer of distribution duties and shall deliver to the Fund Trust or as otherwise directed by the Fund Trust all records and other documents made or accumulated in the performance of its duties for the Fund Trust hereunder. ALPS agrees to assist the Fund Trust with respect to the process of coordinating with the FundTrust’s designated successor distributor to notify applicable participating intermediaries that have currently effective Broker-Dealer Selling Agreements that a successor distributor has been designated by the Fund Trust and to provide copies of all such Agreements to the successor distributor, upon the written direction of the FundTrust. In the event ALPS gives notice of termination under this Agreement, it will continue to provide the services contemplated hereunder after such termination at the contractual rate for up to 120 days, provided that the Fund Trust uses all reasonable commercial efforts to appoint such replacement on a timely basis.

Appears in 3 contracts

Samples: Distribution Agreement (FS Series Trust), Distribution Agreement (FS Series Trust), Distribution Agreement (FS Series Trust)

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