Common use of Action upon Termination or Removal Clause in Contracts

Action upon Termination or Removal. Promptly upon the effective date of termination of this Agreement pursuant to Section 13(a) or the removal of the Administrator pursuant to Section 13(c), the Administrator shall be entitled to be paid all fees and reimbursable expenses accruing to it to the date of such termination or removal. The Administrator shall forthwith upon such termination pursuant to Section 13(a) deliver to the Issuer all property and documents of or relating to the Collateral then in the custody of the Administrator. In the event of the resignation or removal of the Administrator pursuant to Section 13(c), the Administrator shall cooperate with the Issuer and the Trustee and take all reasonable steps requested to assist the Issuer and the Trustee in making an orderly transfer of the duties of the Administrator, including, without limitation, delivering to a successor Administrator all property and documents of or relating to the Collateral then in the custody of the retiring Administrator.

Action upon Termination or Removal. Promptly upon the effective date of termination of this Agreement pursuant to Section 13(a) or the removal of the Administrator pursuant to Section 13(c), the Administrator shall be entitled to be paid all fees and reimbursable expenses accruing to it to the date of such termination or removal. The Administrator shall forthwith upon such termination pursuant to Section 13(a) deliver to the Issuer BTF all property and documents of or relating to the Collateral then in the custody of the Administrator. In the event of the resignation or removal of the Administrator pursuant to Section 13(c), the Administrator shall cooperate with the Issuer BTF and the Trustee and take all reasonable steps requested to assist the Issuer BTF and the Trustee in making an orderly transfer of the duties of the Administrator, including, without limitation, delivering to a successor Administrator all property and documents of or relating to the Collateral then in the custody of the retiring Administrator.

Action upon Termination or Removal. Promptly upon the effective date of termination of this Agreement pursuant to Section 13(a12(a) or the removal of the Administrator pursuant to Section 13(c12(c), the Administrator shall be entitled to be paid all fees and reimbursable expenses accruing to it to the date of such termination or removal. The Administrator shall forthwith upon such termination pursuant to Section 13(a12(a) deliver to the Issuer CPF all property and documents of or relating to the Collateral and the Group I Collateral then in the custody of the Administrator. In the event of the resignation or removal of the Administrator pursuant to Section 13(c12(c), the Administrator shall cooperate with the Issuer CPF and the Trustee and take all reasonable steps requested to assist the Issuer CPF and the Trustee in making an orderly transfer of the duties of the Administrator, including, without limitation, delivering to a successor Administrator all property and documents of or relating to the Collateral and the Group I Collateral then in the custody of the retiring Administrator.

Action upon Termination or Removal. Promptly upon the effective date of termination of this Agreement pursuant to Section 13(a12(a) or the removal of the Administrator pursuant to Section 13(c12(c), the Administrator shall be entitled to be paid all fees and reimbursable expenses accruing to it to the date of such termination or removal. The Administrator shall forthwith upon such termination pursuant to Section 13(a12(a) deliver to the Issuer CPF all property and documents of or relating to the Collateral and the Group II Collateral then in the custody of the Administrator. In the event of the resignation or removal of the Administrator pursuant to Section 13(c12(c), the Administrator shall cooperate with the Issuer CPF and the Trustee and take all reasonable steps requested to assist the Issuer CPF and the Trustee in making an orderly transfer of the duties of the Administrator, including, without limitation, delivering to a successor Administrator all property and documents of or relating to the Collateral and the Group II Collateral then in the custody of the retiring Administrator.