Common use of Out-of-Scope Termination Clause in Contracts

Out-of-Scope Termination. If the Fund demands services that are beyond the scope of this Agreement and/or the Fund’s investment strategy, structure, holdings, or other aspects of the Fund’s operations deviate in any material respect from those Xxxxxxx understood to exist during the initial due diligence and onboarding stage, such that Ultimus is (or will be) required to employ resources, whether in the form of additional man hours, investment or otherwise, beyond what was originally anticipated by Xxxxxxx (collectively, the “Out-of-Scope Services”), and the parties cannot agree on appropriate terms relating to such Out-of-Scope Services, Ultimus may terminate this Agreement upon not less than 90 days’ prior written notice.

Out-of-Scope Termination. If the Fund demands services that are beyond the scope of this Agreement and/or the Fund’s investment strategy, structure, holdings, or other aspects of the Fund’s operations deviate in any material respect from those Xxxxxxx Uxxxxxx understood to exist during the initial due diligence and onboarding stage, such that Ultimus is (or will be) required to employ resources, whether in the form of additional man hours, investment or otherwise, beyond what was originally anticipated by Xxxxxxx Uxxxxxx (collectively, the “Out-of-Scope Services”), and the parties cannot agree on appropriate terms relating to such Out-of-Scope Services, Ultimus may terminate this Agreement upon not less than 90 days’ prior written notice.

Out-of-Scope Termination. If the Trust or Fund demands services that are beyond the scope of this Agreement and/or the a Fund’s investment strategy, structure, holdings, or other aspects of the a Fund’s operations deviate in any material respect from those Xxxxxxx understood to exist during the initial due diligence and onboarding stage, such that Ultimus is (or will be) required to employ resources, whether in the form of additional man hours, investment or otherwise, beyond what was originally anticipated by Xxxxxxx Ultimus (collectively, the “Out-of-Scope Services”), and the parties cannot agree on appropriate terms relating to such Out-of-Scope Services, Ultimus may terminate this Agreement upon not less than 90 days’ prior written notice.

Out-of-Scope Termination. If the Trust or Fund demands services that are beyond the scope of this Agreement and/or the a Fund’s investment strategy, structure, holdings, or other aspects of the a Fund’s operations deviate in any material respect from those Xxxxxxx Uxxxxxx understood to exist during the initial due diligence and onboarding stage, such that Ultimus is (or will be) required to employ resources, whether in the form of additional man hours, investment or otherwise, beyond what was originally anticipated by Xxxxxxx Ultimus (collectively, the “Out-of-Scope Services”), and the parties cannot agree on appropriate terms relating to such Out-of-Scope Services, Ultimus may terminate this Agreement upon not less than 90 days’ prior written notice.

Out-of-Scope Termination. If the Fund Administrator demands services that are beyond the scope of this Agreement and/or the Fund’s investment strategy, structure, holdings, or other aspects of the Fund’s operations deviate in any material respect from those Xxxxxxx understood to exist during the initial due diligence and onboarding stage, such that Ultimus is (or will be) required to employ resources, whether in the form of additional man hours, investment or otherwise, beyond what was originally anticipated by Xxxxxxx Ultimus (collectively, the “Out-of-Scope Services”), and the parties cannot agree on appropriate terms relating to such Out-of-Scope Services, Ultimus may terminate this Agreement upon not less than 90 days’ prior written notice.

Out-of-Scope Termination. If the Trust or Fund demands services that are beyond the scope of this Agreement and/or the or a Fund’s investment strategy, structure, holdings, or other aspects of the a Fund’s operations deviate in any material respect from those Xxxxxxx Uxxxxxx understood to exist during the initial due diligence and onboarding stage, such that Ultimus is (or will be) required to employ resources, whether in the form of additional man hours, investment or otherwise, beyond what was originally anticipated by Xxxxxxx Uxxxxxx (collectively, the “Out-of-Scope Services”), and the parties cannot agree on appropriate terms relating to such Out-of-Scope Services, Ultimus may terminate this Agreement upon not less than 90 days’ prior written notice.

Out-of-Scope Termination. If the Trust or Fund demands services that are beyond the scope of this Agreement and/or the a Fund’s investment strategy, structure, holdings, or other aspects of the a Fund’s operations deviate in any material respect from those Xxxxxxx understood to exist during the initial due diligence and onboarding stage, such that Ultimus is (or will be) required to employ resources, whether in the form of additional man hours, investment or otherwise, beyond what was originally anticipated by Xxxxxxx Ultimus (collectively, the “Out-of-Scope Services”), and the parties cannot agree on appropriate terms relating to such Out-of-Scope Services, Ultimus either party may terminate this Agreement upon not less than 90 days’ prior written notice.

Out-of-Scope Termination. If the Trust or Fund demands services that are beyond the scope of this Agreement and/or the a Fund’s investment strategy, structure, holdings, or other aspects of the a Fund’s operations deviate in any material respect from those Xxxxxxx Uxxxxxx understood to exist during the initial due diligence and onboarding stage, such that Ultimus is (or will be) required to employ resources, whether in the form of additional man hours, investment or otherwise, beyond what was originally anticipated by Xxxxxxx Ultimus (collectively, the “Out-of-of- Scope Services”), and the parties cannot agree on appropriate terms relating to such Out-Out- of-Scope Services, Ultimus either party may terminate this Agreement upon not less than 90 days’ prior written notice.

Out-of-Scope Termination. If the Trust or Fund demands services that are beyond the scope of this Agreement and/or the a Fund’s 's investment strategy, structure, holdings, or other aspects of the a Fund’s 's operations deviate in any material respect from those Xxxxxxx understood to exist during the initial due diligence and onboarding stage, such that Ultimus is (or will be) required to employ resources, whether in the form of additional man hours, investment or otherwise, beyond what was originally anticipated by Xxxxxxx Ultimus (collectively, the “"Out-of-Scope Services”"), and the parties cannot agree on appropriate terms relating to such Out-of-Scope Services, Ultimus may terminate this Agreement upon not less than 90 days’ ' prior written notice.

Out-of-Scope Termination. If if the Fund demands services that are beyond the scope of this Agreement and/or the Fund’s investment strategy, structure, holdings, or other aspects of the Fund’s operations deviate in any material respect from those Xxxxxxx understood to exist during the initial due diligence and onboarding stage, such that Ultimus is (or will be) required to employ resources, whether in the form of additional man hours, investment or otherwise, beyond what was originally anticipated by Xxxxxxx (collectively, the “Out-of-Scope Services”), and the parties cannot agree on appropriate terms relating to such Out-Out- of-Scope Services, Ultimus may terminate this Agreement upon not less than 90 days’ prior written notice.

Out-of-Scope Termination. If the Trust or Fund demands services that are beyond the scope of this Agreement and/or the a Fund’s investment strategy, structure, holdings, or other aspects of the a Fund’s operations deviate in any material respect from those Xxxxxxx Uxxxxxx understood to exist during the initial due diligence and onboarding stage, such that Ultimus is (or will be) required to employ resources, whether in the form of additional man hours, investment or otherwise, beyond what was originally anticipated by Xxxxxxx Ultimus (collectively, the “Out-of-of- Scope Services”), and the parties cannot agree on appropriate terms relating to such Out-Out- of-Scope Services, Ultimus may terminate this Agreement upon not less than 90 days’ prior written notice.

Out-of-Scope Termination. If the Trust or Fund demands services that are beyond the scope of this Agreement and/or the a Fund’s investment strategy, structure, holdings, or other aspects of the a Fund’s operations deviate in any material respect from those Xxxxxxx understood to exist during the initial due diligence and onboarding stage, such that Ultimus is (or will be) required to employ resources, whether in the form of additional man hours, investment or otherwise, beyond what was originally anticipated by Xxxxxxx Ultimus (collectively, the “Out-of-of- Scope Services”), and the parties cannot agree on appropriate terms relating to such Out- of-Scope Services, unless the request for such Out-of-Scope Servicesservices is withdrawn, Ultimus may terminate this Agreement upon not less than 90 days’ prior written notice.

Out-of-Scope Termination. If the Trust or a Fund demands services that are beyond the scope of this Agreement and/or the a Fund’s investment strategy, structure, holdings, or other aspects of the a Fund’s operations deviate in any material respect from those Xxxxxxx Uxxxxxx understood to exist during the initial due diligence and onboarding stage, such that Ultimus is (or will be) required to employ resources, whether in the form of additional man hours, investment or otherwise, beyond what was originally anticipated by Xxxxxxx Ultimus (collectively, the “Out-of-Scope Services”), and the parties cannot agree on appropriate terms relating to such Out-of-Scope Services, Ultimus may terminate this Agreement upon not less than 90 days’ prior written notice.

Out-of-Scope Termination. If the Fund demands services that are beyond the scope of this Agreement and/or the Fund’s investment strategy, structure, holdings, or other aspects of the Fund’s operations materially deviate in any material respect from those Xxxxxxx Ultimus understood to exist during the initial due diligence and onboarding stage, such that Ultimus is (or will be) required to employ resources, whether in the form of additional man hours, investment or otherwise, beyond what was originally anticipated by Xxxxxxx Uxxxxxx (collectively, the “Out-of-Scope Services”), and the parties cannot agree on appropriate terms relating to such Out-of-Scope Services, Ultimus may terminate this Agreement upon not less than 90 days’ prior written notice.

Out-of-Scope Termination. If the Fund demands services that are beyond the scope of this Agreement in a material respect and/or the Fund’s investment strategy, structure, holdings, holdings or other aspects of the Fund’s operations deviate in any material respect from those Xxxxxxx understood described in the Fund’s prospectus or in representations made to exist during Ultimus by the Fund or its representatives at the time of the initial due diligence and onboarding stage, such that Ultimus is (or will be) required to employ resources, whether in the form of additional man hours, investment or otherwise, beyond what was originally anticipated by Xxxxxxx Uxxxxxx (collectively, the “Out-of-Scope Services”), and the parties cannot agree on appropriate terms relating to such Out-of-Scope Services, Ultimus may terminate this Agreement upon not less than 90 days’ prior written notice.notice to the Fund. Ultimus Master Services Agreement