Payments to and Duties of Advisor Upon Termination. (a) After the Termination Date, the Advisor shall not be entitled to compensation for further services hereunder except it shall be entitled to receive from the Company or the Operating Partnership within 30 days after the effective date of such Termination Date all unpaid reimbursements of expenses and all earned but unpaid fees payable to the Advisor prior to termination of this Agreement, subject to the 2%/25% Guidelines to the extent applicable. (b) The Advisor shall promptly upon terminatio
...n: (i) pay over to the Company and the Operating Partnership all money collected and held for the account of the Company and the Operating Partnership pursuant to this Agreement, after deducting any accrued compensation and reimbursement for its expenses to which it is then entitled; (ii) deliver to the Board a full accounting, including a statement showing all payments collected by it and a statement of all money held by it, covering the period following the date of the last accounting furnished to the Board; (iii) deliver to the Board all assets, including all Investments, and documents of the Company and the Operating Partnership then in the custody of the Advisor; and (iv) reasonably cooperate with the Company and the Operating Partnership to provide an orderly management transition.
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Payments to and Duties of Advisor Upon Termination. (a) After the Termination Date, the Advisor shall not be entitled to compensation for further services hereunder except it shall be entitled to receive from the
Company Corporation or the Operating Partnership within 30 days after the effective date of such
Termination Date termination: (i) subject to the limitations set forth in Paragraph 12 hereof and in the Charter, all unpaid reimbursements of
expenses expenses, including without limitation, subject to the limitation described in Paragraph 1...0(a)(i) hereof, any Organization and Offering Expenses that have not been reimbursed to the Advisor as of the Termination Date; and (ii) all earned but unpaid fees payable to the Advisor prior to termination of this Agreement, subject Agreement. (b) In addition, in accordance with the provisions of Paragraph 12, the Advisor shall be entitled to receive any Excess Amount (as defined in Paragraph 12) for which the 2%/25% Guidelines to Independent Directors determined (before or after the extent applicable. (b) Termination Date) that there was justification based on unusual and nonrecurring factors. (c) The Advisor shall promptly upon termination: (i) pay over to the Company Corporation and the Operating Partnership all money collected and held for the account of the Company Corporation and the Operating Partnership pursuant to this Agreement, after deducting any accrued compensation and reimbursement for its expenses to which it is then entitled; (ii) deliver to the Board of Directors a full accounting, including a statement showing all payments collected by it and a statement of all money held by it, covering the period following the date of the last accounting furnished to the Board; Board of Directors; (iii) deliver to the Board of Directors all assets, including all Investments, Assets and documents of the Company Corporation and the Operating Partnership then in the custody of the Advisor; and (iv) reasonably cooperate with the Company Corporation and the Operating Partnership to provide an orderly management transition.
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Payments to and Duties of Advisor Upon Termination. (a)
Amounts Owed. After the Termination Date, the Advisor
shall not be entitled to compensation for further services hereunder except it shall be entitled to receive from the Company
or the Operating Partnership within
30 thirty (30) days after the effective date of such
Termination Date termination all
unpaid reimbursements of expenses amounts then accrued and
all earned but unpaid fees payable owing to the
Advisor prior Advisor, including all its interest in the Company's income, losses, distr...ibutions and capital by payment of an amount equal to termination the then-present fair market value of this Agreement, the Advisor's interest, subject to the 2%/25% Guidelines to the extent applicable. 18 (b) Advisor's Duties. The Advisor shall promptly upon termination: termination of this Agreement: (i) pay over to the Company and the Operating Partnership all money collected and held for the account of the Company and the Operating Partnership pursuant to this Agreement, after deducting any accrued compensation and reimbursement for its expenses to which it is then entitled; (ii) deliver to the Board a full accounting, including a statement showing all payments collected by it and a statement of all money held by it, covering the period following the date of the last accounting furnished to the Board; (iii) deliver to the Board all assets, including all Investments, and documents of the Company and the Operating Partnership then in the custody of the Advisor; and (iv) reasonably cooperate with the Company and the Operating Partnership Board and take all reasonable steps requested to provide an orderly management transition. transition of the advisory function.
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Payments to and Duties of Advisor Upon Termination. (a)
Amounts Owed. After the Termination Date, the Advisor
shall not be entitled to compensation for further services hereunder except it shall be entitled to receive from the Company or the Operating Partnership within
30 thirty (30) days after the effective date of such
Termination Date termination all
unpaid reimbursements of expenses amounts then accrued and
all earned but unpaid fees payable owing to the
Advisor prior Advisor, including all its interest in the Company's income, losses, distr...ibutions and capital by payment of an amount equal to termination the then-present fair market value of this Agreement, the Advisor's interest, subject to the 2%/25% Guidelines to the extent applicable. (b) Advisor's Duties. The Advisor shall promptly upon termination: termination of this Agreement: (i) pay over to the Company and the Operating Partnership all money collected and held for the account of the Company and the Operating Partnership pursuant to this Agreement, after deducting any accrued compensation and reimbursement for its expenses to which it is then entitled; (ii) deliver to the Board a full accounting, including a statement showing all payments collected by it and a statement of all money held by it, covering the period following the date of the last accounting furnished to the Board; (iii) deliver to the Board all assets, including all Investments, and documents of the Company and the Operating Partnership then in the custody of the Advisor; and (iv) reasonably cooperate with the Company and the Operating Partnership to provide an orderly management transition. 16 20. INCORPORATION OF THE ARTICLES OF INCORPORATION AND THE OPERATING PARTNERSHIP AGREEMENT. To the extent that the Articles of Incorporation or the Operating Partnership Agreement as in effect on the date hereof impose obligations or restrictions on the Advisor or grant the Advisor certain rights which are not set forth in this Agreement, the Advisor shall abide by such obligations or restrictions and such rights shall inure to the benefit of the Advisor with the same force and effect as if they were set forth herein.
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Payments to and Duties of Advisor Upon Termination. (a)
Amounts Owed . After the Termination Date, the Advisor
shall not be entitled to compensation for further services hereunder except it shall be entitled to receive from the Company or the Operating Partnership within
30 thirty (30) days after the effective date of such
Termination Date termination all
unpaid reimbursements of expenses amounts then accrued and
all earned but unpaid fees payable owing to the
Advisor prior Advisor, including all its interest in the Company's income, losses, dist...ributions and capital by payment of an amount equal to termination the then-present fair market value of this Agreement, the Advisor's interest, subject to the 2%/25% Guidelines to the extent applicable. (b) Advisor's Duties. The Advisor shall promptly upon termination: termination of this Agreement: (i) pay over to the Company and the Operating Partnership all money collected and held for the account of the Company and the Operating Partnership pursuant to this Agreement, after deducting any accrued compensation and reimbursement for its expenses to which it is then entitled; (ii) deliver to the Board a full accounting, including a statement showing all payments collected by it and a statement of all money held by it, covering the period following the date of the last accounting furnished to the Board; (iii) deliver to the Board all assets, including all Investments, and documents of the Company and the Operating Partnership then in the custody of the Advisor; and (iv) reasonably cooperate with the Company and the Operating Partnership to provide an orderly management transition. 15 20. INCORPORATION OF THE ARTICLES OF INCORPORATION AND THE OPERATING PARTNERSHIP AGREEMENT. To the extent that the Articles of Incorporation or the Operating Partnership Agreement as in effect on the date hereof impose obligations or restrictions on the Advisor or grant the Advisor certain rights which are not set forth in this Agreement, the Advisor shall abide by such obligations or restrictions and such rights shall inure to the benefit of the Advisor with the same force and effect as if they were set forth herein.
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Payments to and Duties of Advisor Upon Termination. (a) After the Termination Date, the Advisor shall not be entitled to compensation for further services hereunder except it shall be entitled to receive from the
Company Corporation or the Operating Partnership within 30 days after the effective date of such
Termination Date termination all unpaid reimbursements of expenses and all earned but unpaid fees payable to the Advisor prior to termination of this
Agreement, subject Agreement. In addition, in accordance with the provisions of Paragraph 12..., the Advisor shall be entitled to receive any Excess Amount (as defined in Paragraph 12) for which the 2%/25% Guidelines to Independent Directors determined (before or after the extent applicable. Termination Date) that there was justification based on unusual and nonrecurring factors. (b) The Advisor shall promptly upon termination: (i) pay over to the Company Corporation and the Operating Partnership all money collected and held for the account of the Company Corporation and the Operating Partnership pursuant to this Agreement, after deducting any accrued compensation and reimbursement for its expenses to which it is then entitled; 18 (ii) deliver to the Board of Directors a full accounting, including a statement showing all payments collected by it and a statement of all money held by it, covering the period following the date of the last accounting furnished to the Board; Board of Directors; (iii) deliver to the Board of Directors all assets, including all Investments, Assets and documents of the Company Corporation and the Operating Partnership then in the custody of the Advisor; and (iv) reasonably cooperate with the Company Corporation and the Operating Partnership to provide an orderly management transition.
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Payments to and Duties of Advisor Upon Termination. (a) After the Termination Date, the Advisor shall not be entitled to compensation for further services hereunder except it shall be entitled to receive from the
Company Corporation or the Operating Partnership within 30 days after the effective date of such
Termination Date termination all unpaid reimbursements of expenses and all earned but unpaid fees payable to the Advisor prior to termination of this
Agreement, subject Agreement. In addition, in accordance with the provisions of Paragraph 12..., the Advisor shall be entitled to receive any Excess Amount (as defined in Paragraph 12) for which the 2%/25% Guidelines to Independent Directors determined (before or after the extent applicable. Termination Date) that there was justification based on unusual and nonrecurring factors. (b) The Advisor shall promptly upon termination: (i) pay over to the Company Corporation and the Operating Partnership all money collected and held for the account of the Company Corporation and the Operating Partnership pursuant to this Agreement, after deducting any accrued compensation and reimbursement for its expenses to which it is then entitled; (ii) deliver to the Board of Directors a full accounting, including a statement showing all payments collected by it and a statement of all money held by it, covering the period following the date of the last accounting furnished to the Board; Board of Directors; 21 (iii) deliver to the Board of Directors all assets, including all Investments, Assets and documents of the Company Corporation and the Operating Partnership then in the custody of the Advisor; and (iv) reasonably cooperate with the Company Corporation and the Operating Partnership to provide an orderly management transition.
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Payments to and Duties of Advisor Upon Termination. (a) After the Termination Date, the Advisor shall not be entitled to compensation for further services hereunder except it shall be entitled to receive from the
Company Corporation or the Operating Partnership within 30 days after the effective date of such
Termination Date termination all unpaid reimbursements of expenses and all earned but unpaid fees payable to the Advisor prior to termination of this
Agreement, subject Agreement. In addition, in accordance with the provisions of Paragraph 12..., the Advisor shall be entitled to receive any Excess Amount (as defined in Paragraph 12) for which the 2%/25% Guidelines to Independent Directors determined (before or after the extent applicable. Termination Date) that there was justification based on unusual and nonrecurring factors. (b) The Advisor shall promptly upon termination: (i) pay over to the Company Corporation and the Operating Partnership all money collected and held for the account of the Company Corporation and the Operating Partnership pursuant to this Agreement, after deducting any accrued compensation and reimbursement for its expenses to which it is then entitled; 15 (ii) deliver to the Board of Directors a full accounting, including a statement showing all payments collected by it and a statement of all money held by it, covering the period following the date of the last accounting furnished to the Board; Board of Directors; (iii) deliver to the Board of Directors all assets, including all Investments, Assets and documents of the Company Corporation and the Operating Partnership then in the custody of the Advisor; and (iv) reasonably cooperate with the Company Corporation and the Operating Partnership to provide an orderly management transition.
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Payments to and Duties of Advisor Upon Termination. (a) After the Termination Date, the Advisor shall not be entitled to compensation for further services hereunder except it shall be entitled to receive from the
Company Corporation or the Operating Partnership within 30 days after the effective date of such
Termination Date termination all unpaid reimbursements of expenses and all earned but unpaid fees payable to the Advisor prior to termination of this
Agreement, subject Agreement. In addition, in accordance with the provisions of Paragraph 12..., the Advisor shall be entitled to receive any Excess Amount (as defined in Paragraph 12) for which the 2%/25% Guidelines to Independent Directors determined (before or after the extent applicable. Termination Date) that there was justification based on unusual and nonrecurring factors. (b) The Advisor shall promptly upon termination: (i) pay over to the Company Corporation and the Operating Partnership all money collected and held for the account of the Company Corporation and the Operating Partnership pursuant to this Agreement, after deducting any accrued compensation and reimbursement for its expenses to which it is then entitled; (ii) deliver to the Board of Directors a full accounting, including a statement showing all payments collected by it and a statement of all money held by it, covering the period following the date of the last accounting furnished to the Board; Board of Directors; 15 (iii) deliver to the Board of Directors all assets, including all Investments, Assets and documents of the Company Corporation and the Operating Partnership then in the custody of the Advisor; and (iv) reasonably cooperate with the Company Corporation and the Operating Partnership to provide an orderly management transition.
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Payments to and Duties of Advisor Upon Termination. (a) After the Termination Date, the Advisor shall not be entitled to compensation for further services hereunder except it shall be entitled to receive from the
Company Corporation or the Operating Partnership within 30 days after the effective date of such
Termination Date termination all unpaid reimbursements of expenses and all earned but unpaid fees payable to the Advisor prior to termination of this
Agreement, subject Agreement. In addition, in accordance with the provisions of Paragraph 12..., the Advisor shall be entitled to receive any Excess Amount (as defined in Paragraph 12) for which the 2%/25% Guidelines to Independent Directors determined (before or after the extent applicable. Termination Date) that there was justification based on unusual and nonrecurring factors. 15 (b) The Advisor shall promptly upon termination: (i) pay over to the Company Corporation and the Operating Partnership all money collected and held for the account of the Company Corporation and the Operating Partnership pursuant to this Agreement, after deducting any accrued compensation and reimbursement for its expenses to which it is then entitled; (ii) deliver to the Board of Directors a full accounting, including a statement showing all payments collected by it and a statement of all money held by it, covering the period following the date of the last accounting furnished to the Board; Board of Directors; (iii) deliver to the Board of Directors all assets, including all Investments, Assets and documents of the Company Corporation and the Operating Partnership then in the custody of the Advisor; and (iv) reasonably cooperate with the Company Corporation and the Operating Partnership to provide an orderly management transition.
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Payments to and Duties of Advisor Upon Termination. (a) After the Termination Date, the Advisor shall not be entitled to compensation for further services hereunder except it shall be entitled to receive from the
Company Corporation or the Operating Partnership within 30 days after the effective date of such
Termination Date termination all unpaid reimbursements of expenses and all earned but unpaid fees payable to the Advisor prior to termination of this
Agreement, subject Agreement. In addition, in accordance with the provisions of Paragraph 12..., the Advisor shall be entitled to receive any Excess Amount (as defined in Paragraph 12) for which the 2%/25% Guidelines to Independent Directors determined (before or after the extent applicable. Termination Date) that there was justification based on unusual and nonrecurring factors. (b) The Advisor shall promptly upon termination: (i) pay over to the Company Corporation and the Operating Partnership all money collected and held for the account of the Company Corporation and the Operating Partnership pursuant to this Agreement, after deducting any accrued compensation and reimbursement for its expenses to which it is then entitled; (ii) deliver to the Board of Directors a full accounting, including a statement showing all payments collected by it and a statement of all money held by it, covering the period following the date of the last accounting furnished to the Board; Board of Directors; (iii) deliver to the Board of Directors all assets, including all Investments, Assets and documents of the Company Corporation and the Operating Partnership then in the custody of the Advisor; and (iv) reasonably cooperate with the Company Corporation and the Operating Partnership to provide an orderly management transition.
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