Common use of Duties in the Event of Termination Clause in Contracts

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of the Distributor’s duties or responsibilities hereunder is designated by the Trust by written notice to the Distributor, the Distributor will promptly, upon such termination and at the expense of the Trust, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by the Distributor under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which the Distributor has maintained the same, the Trust shall pay any expenses associated with transferring the data to such form), and will cooperate in the transfer of such duties and responsibilities, including provision for assistance from the Distributor’s personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the Trust.

Appears in 222 contracts

Samples: Distribution Agreement (Trust for Professional Managers), Form of Distribution Agreement (Brookfield Investment Funds), Distribution Agreement (Professionally Managed Portfolios)

AutoNDA by SimpleDocs

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of the Distributor’s duties or responsibilities hereunder is designated by the Trust Company by written notice to the Distributor, the Distributor will promptly, upon such termination and at the reasonable expense of the TrustCompany, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by the Distributor under this Agreement in a form reasonably acceptable to the Trust Company (if such form differs from the form in which the Distributor has maintained the same, the Trust Company shall pay any reasonable expenses associated with transferring the data to such form), and will cooperate in the transfer of such duties and responsibilities, including provision for assistance from the Distributor’s personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the TrustCompany.

Appears in 16 contracts

Samples: Distribution Agreement (RBB Fund, Inc.), Distribution Agreement (RBB Fund, Inc.), Distribution Agreement (RBB Fund, Inc.)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of the Distributor’s duties or responsibilities hereunder is designated by the Trust Company by written notice to the Distributor, the Distributor will promptly, upon such termination and at the expense of the TrustCompany, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by the Distributor under this Agreement in a form reasonably acceptable to the Trust Company (if such form differs from the form in which the Distributor has maintained the same, the Trust Company shall pay any expenses associated with transferring the data to such form), and will cooperate in the transfer of such duties and responsibilities, including provision for assistance from the Distributor’s personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the TrustCompany.

Appears in 14 contracts

Samples: Distribution Agreement (Wall Street Fund Inc), Distribution Agreement (Prospector Funds, Inc.), Distribution Agreement (Glenmede Fund Inc)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of the Distributor’s duties or responsibilities hereunder is designated by the Trust by written notice to the Distributor, the Distributor will promptly, upon such termination and at the expense of the Trust, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by the Distributor under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which the Distributor has maintained the same, the Trust shall pay any reasonable expenses associated with transferring the data to such form), and will cooperate in the transfer of such duties and responsibilities, including provision for assistance from the Distributor’s personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the Trust.

Appears in 6 contracts

Samples: Distribution Agreement (Stone Ridge Trust), Distribution Agreement (Stone Ridge Trust V), Stone Ridge Trust Ii (Stone Ridge Trust II)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of the Distributor’s duties or responsibilities hereunder is designated by the Trust Trusts by written notice to the Distributor, the Distributor will promptly, upon such termination and at the expense of the TrustTrusts, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by the Distributor under this Agreement in a form reasonably acceptable to the Trust Trusts (if such form differs from the form in which the Distributor has maintained the same, the Trust Trusts shall pay any expenses associated with transferring the data to such form), and will cooperate in the transfer of such duties and responsibilities, including provision for assistance from the Distributor’s personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the TrustTrusts.

Appears in 5 contracts

Samples: Distribution Agreement (Alpine Equity Trust), Form of Distribution Agreement (Alpine Income Trust), Form of Distribution Agreement (Alpine Series Trust)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of the Distributor’s 's duties or responsibilities hereunder is designated by the Trust by written notice to the Distributor, the Distributor will promptly, upon such termination and at the expense of the Trust, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by the Distributor under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which the Distributor has maintained the same, the Trust shall pay any expenses associated with transferring the data to such form), and will cooperate in the transfer of such duties and responsibilities, including provision for assistance from the Distributor’s 's personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the Trust.

Appears in 4 contracts

Samples: Distribution Agreement (CG Funds Trust), Distribution Agreement (Academy Funds Trust), Distribution Agreement (Wy Funds)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of the Distributor’s duties or responsibilities hereunder is designated by the Trust Fund by written notice to the Distributor, the Distributor will promptly, upon such termination and at the expense of the TrustFund, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by the Distributor under this Agreement in a form reasonably acceptable to the Trust Fund (if such form differs from the form in which the Distributor has maintained the same, the Trust Fund shall pay any expenses associated with transferring the data to such form), and will cooperate in the transfer of such duties and responsibilities, including provision for assistance from the Distributor’s personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the TrustFund.

Appears in 4 contracts

Samples: Distribution Agreement (RiverNorth Marketplace Lending Corp), Distribution Agreement (Sims Total Return Fund, Inc.), Distribution Agreement (Aegis Funds)

Duties in the Event of Termination. In the event that, in connection with terminationthe termination at any time of this Agreement, a successor to any of the Distributor’s duties or responsibilities hereunder is designated by the Trust by written notice to the Distributor, the Distributor will promptly, upon such termination and at the expense of the Trusttermination, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by the Distributor under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which the Distributor has maintained the same, the Trust shall pay any expenses associated with transferring the data to such form), and will cooperate in the transfer of such duties and responsibilities, including provision for assistance from the Distributor’s personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the Trust.

Appears in 3 contracts

Samples: Agreement (DoubleLine Funds Trust), Distribution Agreement (DoubleLine Funds Trust), Distribution Agreement (DoubleLine Funds Trust)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of the Distributor’s duties or responsibilities hereunder is designated by the Trust Corporation by written notice to the Distributor, the Distributor will promptly, upon such termination and at the expense of the TrustCorporation, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by the Distributor under this Agreement in a form reasonably acceptable to the Trust Corporation (if such form differs from the form in which the Distributor has maintained the same, the Trust Corporation shall pay any expenses associated with transferring the data to such form), and will cooperate in the transfer of such duties and responsibilities, including provision for assistance from the Distributor’s personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the TrustCorporation.

Appears in 3 contracts

Samples: Distribution Agreement (Perritt Funds Inc), Distribution Agreement (Thompson Im Funds Inc), Distribution Agreement (Perritt Microcap Opportunities Fund Inc)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of the Distributor’s 's duties or responsibilities hereunder is designated by the Trust Company by written notice to the Distributor, the Distributor will promptly, upon such termination and at the expense of the TrustCompany, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by the Distributor under this Agreement in a form reasonably acceptable to the Trust Company (if such form differs from the form in which the Distributor has maintained the same, the Trust Company shall pay any expenses associated with transferring the data to such form), and will cooperate in the transfer of such duties and responsibilities, including provision for assistance from the Distributor’s 's personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the TrustCompany.

Appears in 3 contracts

Samples: Distribution Agreement (Wisconsin Capital Funds Inc), Distribution Agreement (Harding Loevner Funds Inc), Distribution Agreement (Harding Loevner Funds Inc)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of the Distributor’s duties or responsibilities hereunder is designated by the Trust by written notice to the DistributorTrust, the Distributor will promptly, shall promptly upon such termination and termination, at the expense of the Trust, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by the Distributor under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which the Distributor has maintained the same, the Trust shall pay any expenses associated with transferring the data to such form), and will shall cooperate in the transfer of such duties and responsibilitiesresponsibilities to such successor, including provision for assistance from the Distributor’s personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the Trust.

Appears in 2 contracts

Samples: Distribution Agreement (Hennessy Funds Trust), Distribution Agreement (Hennessy Funds Trust)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of the Distributor’s duties or responsibilities hereunder is designated by the Trust Fund by written notice to the Distributor, the Distributor will promptly, upon such termination and at the expense of the TrustFund, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by the Distributor under this Agreement in a form reasonably acceptable to the Trust Fund (if such form differs from the form in which the Distributor has maintained the same, the Trust Fund shall pay any reasonable expenses associated with transferring the data to such form), and will cooperate in the transfer of such duties and responsibilities, including provision for assistance from the Distributor’s personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the TrustFund.

Appears in 2 contracts

Samples: Distribution Agreement (Greenspring Fund Inc), Distribution Agreement (Greenspring Fund Inc)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of the Distributor’s duties or responsibilities hereunder is designated by the Trust by written notice to the Distributor, the Distributor will promptly, upon such termination and at the expense of the Trust, and within a reasonable period of time, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by the Distributor under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which the Distributor has maintained the same, the Trust shall pay any expenses associated with transferring the data to such form), and will cooperate in the transfer of such duties and responsibilities, including provision for assistance from the Distributor’s personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the Trust.

Appears in 2 contracts

Samples: Distribution Agreement (Trust for Professional Managers), Distribution Agreement (Trust for Professional Managers)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of the Distributor’s duties or responsibilities hereunder is designated by the Trust by written notice to the Distributor, the Distributor will promptly, upon such termination and at the expense of the Trust, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by the Distributor under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which the Distributor has maintained the same, the Trust shall pay any expenses associated with transferring the data to such form), and will cooperate in the transfer of such duties and responsibilities, including provision for assistance from the Distributor’s personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the Trust.. FundX

Appears in 1 contract

Samples: Distribution Agreement (FundX Investment Trust)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of the Distributor’s duties or responsibilities hereunder is designated by the Trust by written notice to the Distributor, the Distributor will promptly, upon such termination and at the expense of the Trust, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by the Distributor under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which the Distributor has maintained the same, the Trust shall pay any expenses associated with transferring the data to such form), and will cooperate in the transfer of such duties and responsibilities, including provision for assistance from the Distributor’s personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the Trust.. Highmore 12

Appears in 1 contract

Samples: Distribution Agreement (Series Portfolios Trust)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of the Distributor’s duties or responsibilities hereunder is designated by the Trust by written notice to the Distributor, the Distributor will promptly, upon such termination and at the expense of the Trust, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by the Distributor under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which the Distributor has maintained the same, the Trust shall pay any expenses associated with transferring the data to such form), and will cooperate in the transfer of such duties and responsibilities, including provision for assistance from the Distributor’s personnel in the establishment of books, records, and other data by such successor. If no not such successor is designated, then such books, records and other data shall be returned to the Trust.

Appears in 1 contract

Samples: Distribution Agreement (Brookfield Investment Funds)

AutoNDA by SimpleDocs

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of the Distributor’s 's duties or responsibilities hereunder is designated by the Trust Corporation by written notice to the Distributor, the Distributor will promptly, upon such termination and at the expense of the TrustCorporation, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by the Distributor under this Agreement in a form reasonably acceptable to the Trust Corporation (if such form differs from the form in which the Distributor has maintained the same, the Trust Corporation shall pay any expenses associated with transferring the data to such form), and will cooperate in the transfer of such duties and responsibilities, including provision for assistance from the Distributor’s 's personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the TrustCorporation.

Appears in 1 contract

Samples: Distribution Agreement (Thompson Plumb Funds Inc)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of the Distributor’s duties or responsibilities hereunder is designated by the Trust by written notice to the Distributor, the Distributor will promptly, upon such termination and at the expense of the Trust, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by the Distributor under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which the Distributor has maintained the same, the Trust shall pay any expenses associated with transferring the data to such form), and will cooperate in the transfer of such duties and responsibilities, including provision for assistance from the Distributor’s personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the Trust. Notwithstanding the foregoing, in the event this Agreement is terminated as a result from a material breach by the Distributor (including negligent performance), the transfer to the successor shall be at the expense of the Distributor.

Appears in 1 contract

Samples: Distribution Agreement (Permanent Portfolio Family of Funds)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of the Distributor’s duties or responsibilities hereunder is designated by the Trust by written notice to the Distributor, the Distributor will promptly, upon such termination and at the expense of the Trust, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by the Distributor under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which the Distributor has maintained the same, the Trust shall pay any expenses associated with transferring the data to such form), and will cooperate in the transfer of such duties and responsibilities, including provision for assistance from the Distributor’s personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the Trust.. Xxxxxx Capital

Appears in 1 contract

Samples: Distribution Agreement (Professionally Managed Portfolios)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of the Distributor’s duties or responsibilities hereunder is designated by the Trust by written notice to the Distributor, the Distributor will promptly, upon such termination and at the expense of the Trust, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by the Distributor under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which the Distributor has maintained the same, the Trust shall pay any expenses associated with transferring the data to such form), and will cooperate in the transfer of such duties and responsibilities, including provision for assistance from the Distributor’s personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the Trust.. Semper - 6/2013

Appears in 1 contract

Samples: Distribution Agreement (Advisors Series Trust)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of the Distributor’s duties or responsibilities hereunder is designated by the Trust Company by written notice to the Distributor, the Distributor will promptly, upon such termination and at the reasonable expense of the TrustCompany, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by the Distributor under this Agreement in a form reasonably reasonable acceptable to the Trust Company (if such form differs from the form in which the Distributor has maintained the same, the Trust Company shall pay any reasonable expenses associated with transferring the data to such form), and will cooperate in the transfer of such duties and responsibilities, including provision for assistance from the Distributor’s personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the TrustCompany.

Appears in 1 contract

Samples: Distribution Agreement (RBB Fund, Inc.)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of the DistributorSelling Agent’s duties or responsibilities hereunder is designated by the Trust by written notice to the DistributorSelling Agent, the Distributor Selling Agent will promptly, upon such termination and at the expense of the Trust, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by the Distributor Selling Agent under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which the Distributor Selling Agent has maintained the same, the Trust shall pay any expenses associated with transferring the data to such form), and will cooperate in the transfer of such duties and responsibilities, including provision for assistance from the DistributorSelling Agent’s personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the Trust.

Appears in 1 contract

Samples: Underlying Funds Trust (Underlying Funds Trust)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of the Distributor’s duties or responsibilities hereunder is designated by the Trust by written notice to the Distributor, the Distributor will promptly, upon such termination and at the expense of the Trust, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by the Distributor under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which the Distributor has maintained the same, the Trust shall pay any expenses associated with transferring the data to such form, such expenses not to exceed $5,000), and will cooperate in the transfer of such duties and responsibilities, including provision for assistance from the Distributor’s personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the Trust.

Appears in 1 contract

Samples: Distribution Agreement (Horizon Funds)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of the Distributor’s duties or responsibilities hereunder is designated by the Trust Funds by written notice to the Distributor, the Distributor will promptly, upon such termination and at the expense of the TrustFunds, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by the Distributor under this Agreement in a form reasonably acceptable to the Trust Funds (if such form differs from the form in which the Distributor has maintained the same, the Trust Funds shall pay any expenses associated with transferring the data to such form), and will cooperate in the transfer of such duties and responsibilities, including provision for assistance from the Distributor’s personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the TrustFund.

Appears in 1 contract

Samples: Distribution Agreement (Cushing MLP Infrastructure Fund II)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of the Distributor’s 's duties or responsibilities hereunder is designated by the Trust Company by written notice to the Distributor, the Distributor will promptly, upon such termination and at the reasonable expense of the TrustCompany, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by the Distributor under this Agreement in a form reasonably acceptable to the Trust Company (if such form differs from the form in which the Distributor has maintained the same, the Trust Company shall pay any reasonable expenses associated with transferring the data to such form), and will cooperate in the transfer of such duties and responsibilities, including provision for assistance from the Distributor’s 's personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the TrustCompany.

Appears in 1 contract

Samples: Distribution Agreement (RBB Fund, Inc.)

Duties in the Event of Termination. In the event that, in connection with termination, a successor to any of the Distributor’s 's duties or responsibilities hereunder is designated by the Trust by written notice to the Distributor, the Distributor will shall promptly, upon such termination and at the reasonable expense of the Trust, transfer to such successor all relevant books, records, correspondence, and other data established or maintained by the Distributor under this Agreement in a form reasonably acceptable to the Trust (if such form differs from the form in which the Distributor has maintained the same, the Trust shall pay any reasonable expenses associated with transferring the data to such form), and will shall cooperate in the transfer of such duties and responsibilities, including provision for assistance from the Distributor’s 's personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the Trust.

Appears in 1 contract

Samples: Distribution Agreement (Brandes Investment Trust)

Time is Money Join Law Insider Premium to draft better contracts faster.