Common use of Partial Termination Clause in Contracts

Partial Termination. If Voya has the right to terminate the Agreement in its entirety, Voya may alternatively elect to terminate a Service; provided, however, unless Voya terminates such Services for cause pursuant to Section 18.02, such partial termination shall not relieve Voya of its obligations to pay the Fees associated with such terminated Services (as such Fees may be adjusted in accordance with the Fees Schedule). The rights or obligations of the Parties applicable to a termination of the Agreement shall also apply to the termination of a Service. Notwithstanding the foregoing, if the 18f-4 Services are terminated for any reason, the Fees associated with such Services will cease and no Termination Fees will be chargeable with respect to such terminated Services,

Appears in 15 contracts

Samples: Fund Administration Support Services Agreement (Voya Enhanced Securitized Income Fund), Fund Administration Support Services Agreement (Voya MUTUAL FUNDS), Fund Administration Support Services Agreement (Voya Separate Portfolios Trust)

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