Common use of Duties in the Event of Termination Clause in Contracts

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of Fund Services’ duties or responsibilities hereunder is designated by the Trust by written notice to Fund Services, Fund Services will promptly, upon such termination and at the expense of the Trust, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by Fund Services under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which Fund Services has maintained the same, the Trust shall pay any expenses associated with transferring the data to such form), and will co-operate in the transfer of such duties and responsibilities, including provision for assistance from Fund Services’ personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the Trust.

Appears in 9 contracts

Samples: Fund Administration Servicing Agreement (Procure ETF Trust I), Fund Administration Servicing Agreement (Innovator ETFs Trust), Fund Administration Servicing Agreement (ETF Managers Trust)

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Duties in the Event of Termination. In the event that, in connection with terminationthe termination of this Agreement, a successor to any of Fund Services’ duties or responsibilities hereunder is designated by the Trust by written notice to Fund Services, Fund Services will promptly, upon such termination and at the expense of the Trust, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by Fund Services under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which Fund Services has maintained the same, the Trust shall pay any expenses associated with transferring the data to such form), and will co-operate cooperate in the transfer of such duties and responsibilities, including provision for assistance from Fund Services’ personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the Trust.

Appears in 8 contracts

Samples: Transfer Agent Servicing Agreement (Innovator ETFs Trust), Transfer Agent Servicing Agreement (TrimTabs ETF Trust), Transfer Agent Servicing Agreement (Montage Managers Trust)

Duties in the Event of Termination. In the event that, in connection with terminationthe termination of this Agreement, a successor to any of Fund ServicesSBFS’ duties or responsibilities hereunder is designated by the Trust by written notice to Fund Services, Fund Services will promptly, upon such termination and at the expense of the Trust, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by Fund Services under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which Fund Services has maintained the same, the Trust shall pay any expenses associated with transferring the data to such form), and will co-operate cooperate in the transfer of such duties and responsibilities, including provision for assistance from Fund Services’ personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the TrustTrust and Sponsor.

Appears in 7 contracts

Samples: Transfer Agent Servicing Agreement (ETF Managers Group Commodity Trust I), Transfer Agent Servicing Agreement (Valkyrie Bitcoin Fund), Transfer Agent Servicing Agreement (Valkyrie Bitcoin Fund)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of Fund Services’ duties or responsibilities hereunder is designated by the Trust by written notice to Fund Services, Fund Services will promptly, upon such termination and at the expense of the Trust, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by Fund Services under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which Fund Services has maintained the same, the Trust shall pay any expenses associated with transferring the data to such form), and will co-operate cooperate in the transfer of such duties and responsibilities, including provision for assistance from Fund Services’ personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the TrustTrust and Sponsor.

Appears in 6 contracts

Samples: Fund Administration Servicing Agreement (ETF Managers Group Commodity Trust I), Fund Administration Servicing Agreement (ETF Managers Group Commodity Trust I), Fund Administration Servicing Agreement (ETF Managers Group Commodity Trust I)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of Fund Services’ duties or responsibilities hereunder is designated by the Trust by written notice to Fund Services, Fund Services will promptly, upon such termination and at the expense of the Trust, transfer to such successor all relevant books, records, correspondence, correspondence and other data established or maintained by Fund Services under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which Fund Services has maintained the same, the Trust shall pay any expenses associated with transferring the data to such form), and will co-operate cooperate in the transfer of such duties and responsibilities, including provision for assistance from Fund Services’ personnel in the establishment of books, records, records and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the TrustTrust and Sponsor.

Appears in 5 contracts

Samples: Fund Accounting Servicing Agreement (ETF Managers Group Commodity Trust I), Fund Accounting Servicing Agreement (Teucrium Commodity Trust), Fund Accounting Servicing Agreement (ETF Managers Group Commodity Trust I)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of Fund Services’ duties or responsibilities hereunder is designated by the Trust by written notice to Fund Services, Fund Services will promptly, upon such termination and at the expense of the TrustFund, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by Fund Services under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which Fund Services has maintained the same, the Trust shall pay any expenses associated with transferring the data to such form), and will co-operate cooperate in the transfer of such duties and responsibilities, including provision for assistance from Fund Services’ personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the Trust.

Appears in 4 contracts

Samples: Fund Administration Servicing Agreement (Monetta Trust), Power Funds Trust (Mairs & Power Funds Trust), Fund Administration Servicing Agreement (Innovator ETFs Trust II)

Duties in the Event of Termination. In the event that, in connection with terminationthe termination of this Agreement, a successor to any of Fund ServicesSBFS’ duties or responsibilities hereunder is designated by the Trust by written notice to Fund Services, Fund Services will promptly, upon such termination and at the expense of the Trust, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by Fund Services under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which Fund Services has maintained the same, the Trust shall pay any expenses associated with transferring the data to such form), and will co-operate cooperate in the transfer of such duties and responsibilities, including provision for assistance from Fund Services’ personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the Trust.

Appears in 3 contracts

Samples: Transfer Agent Servicing Agreement (Direxion Shares ETF Trust), Transfer Agent Servicing Agreement (FactorShares Trust), Transfer Agent Servicing Agreement (ETF Series Solutions)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of Fund Services’ duties or responsibilities hereunder is designated by the Trust by written notice to Fund Services, Fund Services will promptly, upon such termination and at the expense of the Trust, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by Fund Services under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which Fund Services has maintained the same, the Trust shall pay any expenses associated with transferring the data to such form), and will co-operate cooperate in the transfer of such duties and responsibilities, including provision for assistance from Fund Services’ personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the Trust.

Appears in 3 contracts

Samples: Fund Administration Servicing Agreement (Direxion Shares ETF Trust), Fund Administration Servicing Agreement (FactorShares Trust), Fund Administration Servicing Agreement (ETF Series Solutions)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of Fund Services’ duties or responsibilities hereunder is designated by the Trust Fund by written notice to Fund Services, Fund Services will promptly, upon such termination and at the expense of the Trust, transfer to such successor all relevant books, records, correspondence, correspondence and other data established or maintained by Fund Services under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which Fund Services has maintained the same, the Trust shall pay any expenses associated with transferring the data to such form), and will co-operate cooperate in the transfer of such duties and responsibilities, including provision for assistance from Fund Services’ personnel in the establishment of books, records, records and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the Trust.

Appears in 3 contracts

Samples: Fund Accounting Servicing Agreement (Monetta Trust), Power Funds Trust (Mairs & Power Funds Trust), Fund Accounting Servicing Agreement (North Capital Funds Trust)

Duties in the Event of Termination. In the event that, in connection with terminationthe termination of this Agreement, a successor to any of Fund Services’ duties or responsibilities hereunder is designated by the Trust by written notice to Fund Services, Fund Services will promptly, upon such termination and at the expense of the Trust, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by Fund Services under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which Fund Services has maintained the same, the Trust shall pay any expenses associated with transferring the data to such form), and will co-operate cooperate in the transfer of such duties and responsibilities, including provision for assistance from Fund Services’ personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the TrustTrust and Sponsor.

Appears in 2 contracts

Samples: Transfer Agent Servicing Agreement (Direxion Shares ETF Trust II), Transfer Agent Servicing Agreement (Direxion Shares ETF Trust II)

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Duties in the Event of Termination. In the event that, in connection with terminationthe termination of this Agreement, a successor to any of Fund Services’ duties or responsibilities hereunder is designated by the Trust by written notice to Fund Services, Fund Services will promptly, upon such termination and at the expense of the Trust, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by Fund Services under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which Fund Services has maintained the same, the Trust shall pay any expenses associated with transferring the data to such form), and will co-operate cooperate in the transfer of such duties and responsibilities, including provision for assistance from Fund Services’ personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the Trust.. 2014- ETF

Appears in 1 contract

Samples: Transfer Agent Servicing Agreement (Plus Trust)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of Fund Services’ duties or responsibilities hereunder is designated by the Trust by written notice to Fund Services, Fund Services will promptly, upon such termination and at the expense of the Trust, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by Fund Services under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which Fund Services has maintained the same, the Trust shall pay any reasonable and documented out-of-pocket expenses associated with transferring the data to such form), and will co-operate in the transfer of such duties and responsibilities, including provision for assistance from Fund Services’ personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the Trust.

Appears in 1 contract

Samples: Fund Administration Servicing Agreement (Alpha Architect ETF Trust)

Duties in the Event of Termination. In the event that, that in connection with termination, termination a successor Successor to any of Fund Services’ the Trust Company's duties or responsibilities hereunder is designated by the Trust Fund by written notice to the Fund ServicesCompany, Fund Services the Trust Company will promptly, upon such termination and at the expense of the TrustFund, transfer to such successor Successor all relevant books, records, correspondence, correspondence and other data established or maintained by Fund Services the Trust Company under this Agreement in a form reasonably acceptable to the Trust Fund (if such form differs from the form in which Fund Services the Trust Company has maintained the same, the Trust Fund shall pay any expenses associated with transferring the data same to such form), and will co-operate cooperate in the transfer of such duties and responsibilities, including provision for assistance from Fund Services’ the Trust Company's personnel in the establishment of books, records, records and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the Trust.

Appears in 1 contract

Samples: Fund Accounting Servicing Agreement (Perritt Microcap Opportunities Fund Inc)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of Fund Services’ duties or responsibilities hereunder is designated by the Trust by written notice to Fund Services, Fund Services will promptly, upon such termination and at the reasonable expense of the Trust, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by Fund Services under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which Fund Services has maintained the same, the Trust shall pay any reasonable expenses associated with transferring the data to such form), and will co-operate cooperate in the transfer of such duties and responsibilities, including provision for assistance from Fund Services’ personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the Trust.

Appears in 1 contract

Samples: Fund Administration Servicing Agreement (Hotchkis & Wiley Funds /De/)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of Fund Services’ duties or responsibilities hereunder is designated by the Trust by written notice to Fund Services, Fund Services will promptly, upon such termination and at the expense of the Trust, transfer to such successor all relevant books, records, correspondence, correspondence and other data established or maintained by Fund Services under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which Fund Services has maintained the same, the Trust shall pay any expenses associated with transferring the data to such form), and will co-operate cooperate in the transfer of such duties and responsibilities, including provision for assistance from Fund Services’ personnel in the establishment of books, records, records and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the Trust.Trust and Sponsor. Final

Appears in 1 contract

Samples: Fund Accounting Servicing Agreement (Direxion Shares ETF Trust II)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of Fund Services’ duties or responsibilities hereunder is designated by the Trust by written notice to Fund Services, Fund Services will promptly, upon such termination and at the reasonable expense of the Trust, transfer to such successor all relevant books, records, correspondence, correspondence and other data established or maintained by Fund Services under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which Fund Services has maintained the same, the Trust shall pay any reasonable expenses associated with transferring the data to such form), and will co-operate cooperate in the transfer of such duties and responsibilities, including provision for assistance from Fund Services’ personnel in the establishment of books, records, records and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the Trust.

Appears in 1 contract

Samples: Fund Accounting Servicing Agreement (Hotchkis & Wiley Funds /De/)

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