Common use of Cancellation Process Clause in Contracts

Cancellation Process. If Customer is a residential customer, Customer may cancel within 3 business days of receipt of this agreement (the “Cancellation Period”) without penalty or cancellation fee by contacting NAP at its contact information listed in the Contact Information section. If cancellation is not requested within 15 days of the next meter read, the Customer may request a special meter read which is typically subject to a service charge. Customer is liable for all of NORTH AMERICAN POWER’s charges while Customer may be returning to the LDU or selecting another supplier. A bill will be rendered in approximately twenty (20) days after the final scheduled meter reading or if access is unavailable, an estimate of consumption will be used in the bill, which will be trued up subsequent to the final meter reading. If Customer terminates this Agreement during the Initial Term or any subsequent Renewal Term after the applicable cancellation period, Customer will pay an early termination cost recovery fee (“ETF”). Such fee will be ten dollars ($10.00) per month for each month remaining on the Agreement, but will not exceed; one hundred dollars ($100.00) for any Agreement with a remaining term of less than 12 months; or two hundred dollars ($200.00) for any Agreement with a remaining term of more than 12 months.

Appears in 10 contracts

Samples: North American, North American, North American

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