Common use of Payments After Termination Clause in Contracts

Payments After Termination. The Partnership will continue to pay Sales Commissions and Trailing Commissions provided by this Agreement, after termination of this Agreement, for any reason, for all Units sold by the Sales Agents during the term of this Agreement; provided, however, to receive trailing commissions, the Sales Agents must continue to service the holders of Units after such termination. No such commissions, if any, shall be paid until after the break of escrow as provided in the Prospectus for the sale of Units in the Fund.

Appears in 4 contracts

Samples: Best Efforts Selling and Managing Dealer Agreement (Atlas Futures Fund Limited Partnership), Best Efforts Selling and Managing Dealer Agreement (Atlas Futures Fund Limited Partnership), Best Efforts Selling and Managing Dealer Agreement (Bromwell Financial Fund Limited Partnership)

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Payments After Termination. The Partnership General Partner will continue to pay Sales Commissions and Trailing Commissions provided by this Agreement, after termination of this Agreement, for any reason, for all Units sold by the Sales Agents during the term of this Agreement; provided, however, to receive trailing commissions, the Sales Agents must continue to service the holders of Units after any such termination. No such commissions, if any, shall be paid until after the break of escrow as provided in the Prospectus for the sale of Units in the Fund.

Appears in 1 contract

Samples: Fremont Fund Selling Agreement (Fremont Fund LTD Partnership)

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