Common use of Transition following Termination Clause in Contracts

Transition following Termination. The Customer undertakes to use its best efforts to appoint a new administrative service provider as soon as possible after receiving a notice of termination, provided that if Customer has not transitioned to a new administrative service provider as of the date of termination, X.X. Xxxxxx will continue to provide the Services at the fees agreed upon by the Customer and X.X. Xxxxxx Customer agrees to pay such reasonable expenses and charges as X.X. Xxxxxx customarily charges in connection with such transition. Subject to payment of any amount owing to X.X. Xxxxxx under this Agreement, X.X. Xxxxxx agrees to transfer a copy of such records and related supporting documentation held by it under this Agreement, to any replacement provider of the Services or to such other person as the Customer may direct. X.X. Xxxxxx will also provide reasonable assistance to its successor, for such transfer, subject to the payment of such reasonable expenses and charges as X.X. Xxxxxx customarily charges for such assistance.

Appears in 3 contracts

Samples: Fund Services Agreement (DoubleLine ETF Trust), Fund Services Agreement (Morgan Stanley ETF Trust), Fund Services Agreement (DoubleLine ETF Trust)

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Transition following Termination. The Customer undertakes to use its best commercially reasonable efforts to appoint a new administrative service provider as soon as possible after receiving a notice of termination, provided that if Customer has not transitioned to a new administrative service provider as of the date of termination, X.X. J.X. Xxxxxx will continue to provide the Services at the fees agreed upon by the Customer and X.X. Xxxxxx J.X. Xxxxxx. Customer agrees to pay such reasonable expenses and charges as X.X. J.X. Xxxxxx customarily charges in connection with such transition. Subject to payment of any amount owing to X.X. J.X. Xxxxxx under this Agreement, X.X. J.X. Xxxxxx agrees to transfer a copy of such records and related supporting documentation held by it under this Agreement, to any replacement provider of the Services or to such other person as the Customer may direct. X.X. J.X. Xxxxxx will also provide reasonable assistance to its successor, for such transfer, subject to the payment of such reasonable expenses and charges as X.X. J.X. Xxxxxx customarily charges for such assistance.

Appears in 2 contracts

Samples: Fund Services Agreement (Brookfield Infrastructure Income Fund Inc.), Fund Services Agreement (Brookfield Infrastructure Income Fund Inc.)

Transition following Termination. The Customer undertakes to use its best efforts to appoint a new administrative service provider as soon as possible after receiving a notice of termination, provided that if Customer has not transitioned to a new administrative service provider as of the date of termination, X.X. Xxxxxx will continue to provide the Services at the fees agreed upon by the Customer and X.X. Xxxxxx Xxxxxx. Customer agrees to pay such reasonable expenses and charges as X.X. Xxxxxx customarily charges in connection with such transition. Subject to payment of any amount owing to X.X. Xxxxxx under this Agreement, X.X. Xxxxxx agrees to transfer a copy of such records and related supporting documentation held by it under this Agreement, to any replacement provider of the Services or to such other person as the Customer may direct. X.X. Xxxxxx will also provide reasonable assistance to its successor, for such transfer, subject to the payment of such reasonable expenses and charges as X.X. Xxxxxx customarily charges for such assistance.

Appears in 2 contracts

Samples: Fund Services Agreement (Palmer Square Funds Trust), Fund Services Agreement (Impax Funds Series Trust I)

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Transition following Termination. The Customer undertakes to use its best efforts to appoint a new administrative service provider as soon as possible after receiving a notice of termination, provided that if Customer has not transitioned to a new administrative service provider as of the date of termination, X.X. J.X. Xxxxxx will continue to provide the Services at the fees agreed upon by the Customer and X.X. Xxxxxx J.X. Xxxxxx. Customer agrees to pay such reasonable expenses and charges as X.X. J.X. Xxxxxx customarily charges in connection with such transition. Subject to payment of any amount owing to X.X. J.X. Xxxxxx under this Agreement, X.X. J.X. Xxxxxx agrees to transfer a copy of such records and related supporting documentation held by it under this Agreement, to any replacement provider of the Services or to such other person as the Customer may direct. X.X. J.X. Xxxxxx will also provide reasonable assistance to its successor, for such transfer, subject to the payment of such reasonable expenses and charges as X.X. J.X. Xxxxxx customarily charges for such assistance.

Appears in 1 contract

Samples: Fund Services Agreement (Impax Funds Series Trust Iii)

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