Actions Upon Termination. From and after the effective date of termination of this Agreement pursuant to Sections 10, 11, or 12 hereof, the Manager shall not be entitled to compensation for further services hereunder, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 12(b) hereof or not renewed pursuant to Section 10(b) hereof (subject to Section 10(c) hereof), the Termination Fee. Upon any such termination, the Manager shall forthwith:
Appears in 5 contracts
Samples: Management Agreement (Ares Commercial Real Estate Corp), Management Agreement (Ares Commercial Real Estate Corp), Management Agreement (Ares Commercial Real Estate Corp)
Actions Upon Termination. From and after the effective date of termination of this Agreement pursuant to Sections 10, 11, or 12 hereof, the Manager shall not be entitled to compensation for further services hereunder, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 12(b) hereof or not renewed pursuant to Section 10(b) hereof (subject to Section 10(c) hereof), the Termination Fee. Upon any such termination, the Manager shall forthwith:
Appears in 3 contracts
Samples: Management Agreement (Chicago Atlantic Real Estate Finance, Inc.), Management Agreement (AFC Gamma, Inc.), Management Agreement (AFC Gamma, Inc.)
Actions Upon Termination. From and after the effective date of termination of this Agreement pursuant to Sections 10, 11, 11 or 12 hereof, the Manager shall not be entitled to compensation for further services hereunder, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 12(b) hereof or not renewed pursuant to Section 10(b) hereof (subject to Section 10(c) hereof), the Termination Fee. Upon any such termination, the Manager shall forthwith:
Appears in 2 contracts
Samples: Management Agreement (Granite Point Mortgage Trust Inc.), Management Agreement (Granite Point Mortgage Trust Inc.)
Actions Upon Termination. From and after the effective date of termination of this Agreement pursuant to Sections 10, 11, or 12 hereof, the Manager shall not be entitled to compensation for further services hereunder, but shall be paid all compensation accruing to 18 the date of termination and, if terminated pursuant to Section 12(b) hereof or not renewed pursuant to Section 10(b) hereof (subject to Section 10(c) hereof), the Termination Fee. Upon any such termination, the Manager shall forthwith:
Appears in 1 contract
