Early Termination Fees. In the absence of any material breach of this Agreement, should the Trust elect to terminate this Agreement prior to the end of the term, the Trust agrees to pay the following fees: a. all monthly fees through the life of the contract, including the rebate of any negotiated discounts; b. all fees associated with converting services to successor service provider; c. all fees associated with any record retention and/or tax reporting obligations that may not be eliminated due to the conversion to a successor service provider; d. all out-of-pocket costs associated with a-c above.
Appears in 11 contracts
Samples: Fund Administration Servicing Agreement (Trust for Professional Managers), Fund Administration Servicing Agreement (Trust for Professional Managers), Fund Administration Servicing Agreement (Trust for Professional Managers)
Early Termination Fees. In the absence of any material breach of this Agreement, should the Trust elect to terminate this Agreement prior to the end of the term, the Trust agrees to pay the following fees:
a. all monthly fees through the life of the contractAgreement, including the rebate of any negotiated discounts;
b. all fees associated with converting services to successor service provider;
c. all fees associated with any record retention and/or tax reporting obligations that may not be eliminated due to the conversion to a successor service provider;
d. all out-of-pocket costs associated with a-c above.
Appears in 10 contracts
Samples: Fund Administration Servicing Agreement (Trust for Professional Managers), Fund Administration Servicing Agreement (Trust for Professional Managers), Fund Administration Servicing Agreement (Trust for Professional Managers)
Early Termination Fees. In the absence of any material breach of this Agreement, should the Trust elect to terminate this Agreement prior to the end of the term, the Trust agrees to pay the following fees:
a. all All monthly fees through the life of the contractAgreement, including the rebate of any negotiated discounts;
b. all All fees associated with converting services to successor service provider;
c. all All fees associated with any record retention and/or tax reporting obligations that may not be eliminated due to the conversion to a successor service provider;
d. all out-of-pocket costs associated with a-c a.-c. above.
Appears in 1 contract
Samples: Fund Administration Servicing Agreement (Trust for Professional Managers)
Early Termination Fees. In the absence of any material breach of this Agreement, should the Trust elect to terminate this Agreement prior to the end of the term, the Trust agrees to pay the following fees:
a. all monthly fees through the life of the contract, including the rebate of any negotiated discounts;
b. all a) All reasonable fees associated with converting services to a successor service provider;
c. all b) All reasonable fees associated with any record retention and/or tax reporting obligations that may not be eliminated due to the conversion to a successor service provider;
d. all c) All out-of-pocket costs associated with a-c ) and b) above.
Appears in 1 contract
Samples: Fund Administration Servicing Agreement (Trust for Professional Managers)