Common use of Term; Termination; Survival of Provisions Clause in Contracts

Term; Termination; Survival of Provisions. The term of this Agreement, shall commence on the date hereof and shall continue, unless earlier terminated pursuant to the provisions of this section, for twelve (12) months, automatically renewable thereafter for monthly periods unless either party informs the other in writing thirty (30) days prior to the end of the current term of its intent to terminate this Agreement. This Agreement may be terminated prior to the end of the current term, by mutual written consent of the parties hereto: (a) by either party, upon thirty (30) days’ prior written notice, if a closing with respect to investment commitments does not occur within twelve (12) months of the date hereof; and (b) by Financial Adviser in the event that Client fails to pay any amount due hereunder within thirty (30) days of that due date. Termination of this Agreement will not affect Financial Adviser’s right to receive continuing compensation with respect to investments made prior to such termination. It is understood and agreed that the provisions of this Agreement relating to the payment of fees and expenses, confidentiality and indemnification shall survive any termination of this Agreement.

Term; Termination; Survival of Provisions. The term of this Agreement, shall commence on the date hereof and shall continue, unless earlier terminated pursuant to the provisions of this section, for twelve six (126) months, automatically renewable thereafter for monthly periods unless either party informs the other in writing thirty (30) days prior to the end of the current term of its intent to terminate this Agreement. This Agreement may be terminated prior to the end of the current term, by mutual written consent of the parties hereto: (a) by either party, upon thirty (30) days’ prior written notice, if a closing with respect to investment commitments does not occur within twelve six (126) months of the date hereof; and (b) by Financial Adviser in the event that Client fails to pay any amount due hereunder within thirty (30) days of that due date. Termination of this Agreement will not affect Financial Adviser’s right to receive continuing compensation with respect to investments made all Placement Fees earned, but not paid, prior to such the date of termination. It is understood and agreed that the provisions of this Agreement relating to the payment of fees and expenses, confidentiality and indemnification shall survive any termination of this Agreement.