Common use of Deconversion Costs Clause in Contracts

Deconversion Costs. Should either party exercise its right to terminate, all reasonable out-of-pocket expenses or costs associated with the movement of records and material will be borne by the Trust. Additionally, the Trust agrees to pay to Paralel a reasonable fee (determined by P▇▇▇▇▇▇) for Paralel’s services provided in connection with the Trust liquidating or converting to another service provider.

Appears in 2 contracts

Sources: Master Transfer Agency and Services Agreement (Elevation Series Trust), Transfer Agency and Services Agreement (Elevation Series Trust)

Deconversion Costs. Should either party exercise its right to terminate, all reasonable out-of-pocket expenses or costs associated with the movement of records and material will be borne by the Trust. Additionally, the Trust agrees to pay to Paralel a reasonable fee (determined by P▇▇▇▇▇▇) for Paralel’s services provided in connection with the Trust or a Fund liquidating or converting to another service provider.

Appears in 1 contract

Sources: Transfer Agency and Services Agreement (PFS Funds)

Deconversion Costs. Should either party exercise its right to terminate, all reasonable out-of-pocket expenses or costs associated with the movement of records and material will be borne by the Trust. Additionally, the Trust agrees to pay to Paralel a reasonable fee (determined by P▇▇▇▇▇▇) for Paralel’s services provided in connection with the Trust liquidating or converting to another service provider.

Appears in 1 contract

Sources: Transfer Agency and Services Agreement (Octagon XAI CLO Income Fund)

Deconversion Costs. Should either party exercise its right to terminate, all reasonable out-of-pocket expenses or costs associated with the movement of records and material will be borne by the TrustTrusts. Additionally, the Trust Trusts agrees to pay to Paralel a reasonable fee (determined by P▇▇▇▇▇▇) for Paralel’s services provided in connection with the Trust Trusts liquidating or converting to another service provider.

Appears in 1 contract

Sources: Transfer Agency and Services Agreement (Shelton Funds)