Successor Administrator. If a successor Administrator for the Investment Company shall be appointed by the Investment Company, FAS shall upon termination of this Agreement deliver to such successor Administrator at the office of FAS all properties of the Investment Company held by it hereunder. If no such successor Administrator shall be appointed, FAS shall at its office upon receipt of Proper Instructions deliver such properties in accordance with such instructions. Each Fund will bear all out-of-pocket expenses arising from the transition of Administrative Services to a successor Administrator, including without limitation the expenses of moving or transmitting materials to the successor Administrator.
Appears in 180 contracts
Samples: Administrative Services (Federated Hermes Core Trust), Administrative Services (Federated Hermes Adviser Series), Administrative Services (Federated Hermes Intermediate Municipal Trust)
Successor Administrator. If a successor Administrator for the Investment Company shall be appointed by the Investment Company, FAS shall upon termination of this Agreement deliver to such successor Administrator at the office of FAS all properties of the Investment Company held by it hereunder. If no such successor Administrator shall be appointed, FAS shall at its office upon receipt of Proper Instructions deliver such properties in accordance with such instructions. Each Fund will bear all out-of-pocket expenses arising from the transition of Administrative Services to a successor Administrator, including without limitation the expenses of moving or transmitting materials to the successor Administrator.
Appears in 95 contracts
Samples: Administrative Services (Federated Hermes Project & Trade Finance Tender Fund), Administrative Services (Federated Hermes Core Trust III), Administrative Services (Federated Hermes Municipal Bond Fund, Inc.)
