Common use of Term; Termination; Amendment Clause in Contracts

Term; Termination; Amendment. This Agreement shall become effective with respect to the Fund on the same date as the Management Agreement between the Fund and Manager becomes effective, and shall remain in effect until otherwise terminated pursuant to this Section 13. This Agreement may be terminated at any time, without penalty, by either Manager or Collateral Subadvisor upon 120 days written notice. Termination of this Agreement shall not affect the right of Collateral Subadvisor to receive payments on any unpaid balance of the compensation described in Section 7 earned prior to the effective date of such termination.

Appears in 5 contracts

Samples: Collateral Sub Advisory Agreement (Nuveen Diversified Commodity Fund), Collateral Sub Advisory Agreement (Nuveen Long/Short Commodity Total Return Fund), Collateral Sub Advisory Agreement (Nuveen Diversified Commodity Fund)

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