Termination for Change in Law. Voya may terminate the Agreement upon 90 days’ notice (or such earlier period of time as required by a Governmental Authority) to BNY Mellon if a change in Law or an applicable Governmental Authority imposes a binding restriction or requirement that makes, or shall make, it impossible or substantially impracticable for Voya to continue to receive the Services; provided that (a) the Parties shall negotiate in good faith a work-around with respect to such change in Law or binding restriction or requirement during such 90-day period; and (b) if Voya terminates the Agreement pursuant to this Section, Voya shall pay 50 percent of the Termination Fees.
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)
