Common use of Cancellation Date Clause in Contracts

Cancellation Date. The later of six calendar months (or any lesser notice period for cancellation permitted under the applicable Service Schedule) after the date upon which such notice is received by the Provider and any date specified in the notice as the date at which the Service Schedule is to be cancelled, shall be the date (“Cancellation Date”) when the Service Schedule and the Service(s) described in that Service Schedule are removed from this Agreement. From the Cancellation Date the Provider is released from the obligation to provide the Service(s) described in that Service Schedule, and the Purchasers are released from the obligation to pay for such Service(s) provided after that date.