Early Termination Charges Sample Clauses
The Early Termination Charges clause defines the financial penalties or fees that a party must pay if they end a contract before its agreed-upon expiration date. Typically, this clause outlines how the charges are calculated, such as a fixed amount, a percentage of remaining payments, or reimbursement of certain costs incurred by the other party. Its core practical function is to compensate the non-terminating party for losses or expenses resulting from the premature end of the agreement, thereby discouraging arbitrary termination and providing predictability for both parties.
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Early Termination Charges.
4.1. Each Wholesale Service is subject to a Minimum Service Term.
4.2. If:
4.2.1. a Service Provider terminates or otherwise relinquishes a Wholesale Service prior to the expiry of the applicable Minimum Service Term (other than where the Service Provider has terminated the Agreement or the applicable Service Order in accordance with clause 22.1 of the General Terms); or
4.2.2. the LFC terminates the supply of a Wholesale Service prior to the expiry of the applicable Minimum Service Term in accordance with clause 22.1 of the General Terms, and that Wholesale Service is or was the first Wholesale Service to be provided to the relevant End User Premises, Service Provider Premises or NBAP (as applicable) using the LFC Network (an Early Termination Event) then early termination charges (Early Termination Charges) may be payable by the Service Provider.
4.3. This section 4 sets out when Early Termination Charges are payable by the Service Provider and how those Early Termination Charges are calculated.
4.4. The LFC may, at its discretion, elect to waive Early Termination Charges that become payable by the Service Provider.
Early Termination Charges. If this Agreement is terminated prior to its End Date pursuant to Clauses 42A-42, 43(a) or A- 43(c), the Home Customer shall pay to the Company an Early Termination Charge equivalent to (Termination Rate x Unexpired Months) where:
Early Termination Charges. If this Agreement is terminated prior to its End Date pursuant to Clauses B-41, A-43(a) or A- 43(c), the Customer shall pay to the Company an Early Termination Charge equivalent to 50% x Average Daily Bill Amount x Unexpired Term (“Termination Sum”) with respect to this Agreement. B-49 In the event Electricity is supplied to several premises belonging to the Business Customer, the Company agrees that although the supply of Electricity to the Business Customer’s premises shall constitute one single agreement, the Company agrees that the termination of electricity supply to one or more of the Business Customer’s premises pursuant to Clause B-41 shall not constitute a termination of this Agreement, subject always to the requirement for payment of the Termination Sum in respect of the premises where the supply of the electricity has ceased.
Early Termination Charges. Atlantic Broadband may offer promotional discounted rates that require you to agree to a term commitment as a condition of receiving service at a discount. If you entered into a term commitment contract, you have received certain benefits from us in exchange for any Service commitment greater than one month. If we terminate your service for nonpayment or other default before the end of the Service commitment period, or if you terminate your service for any reason other than (a) in accordance with our cancellation policy; or (b) pursuant to a change of terms, conditions or rates as set forth herein, you agree to pay us, in addition to all other amounts owed, an early termination fee in the amount specified in the promotion to which you subscribed (“Early Termination Charge”). The Early Termination Charge is not a penalty, but rather a charge to compensate us for your failure to satisfy the Service commitment on which your promotional rate is based. AFTER YOUR SERVICE COMMITMENT PERIOD ENDS, THIS AGREEMENT SHALL AUTOMATICALLY RENEW ON A MONTH-TO-MONTH BASIS AT ATLANTIC BROADBAND’S THEN-CURRENT RETAIL RATE FOR THE APPLICABLE SERVICES UNTIL EITHER PARTY GIVES NOTICE PURSUANT TO THE TERMINATION PROVISIONS HEREIN. Such Early Termination Charges may be waived, at the sole discretion of Atlantic Broadband, and may be waived if you can demonstrate that you have moved outside of Atlantic Broadband's service area. You may terminate any term commitment agreement within ten (10) days of entering into such agreement without paying the Early Termination Charge.
Early Termination Charges. If your Broadband Services are for a term of more than one month and are terminated by you for any reason prior to the expiration of your then current term or by us due to your breach of this Agreement, including your failure to pay, we may charge you, as liquidated damages and not as a penalty, an amount equal to (i) any outstanding and unpaid amounts, whether or not previously invoiced, for Broadband Services rendered prior to the date the Broadband Services are terminated, (ii) 100% of the monthly recurring fees for the terminated Broadband Services, including usage based fees, multiplied by the number of months remaining on the then current term, and (iii) any unpaid non-recurring fees associated with the terminated Broadband Services, including any costs and charges incurred by us related to the installation and implementation of the Broadband Services. Such Early Termination Charges will be due within 30 days of Broadband Service cancellation.
Early Termination Charges. Except in the case of Non-appropriation of funds, FMV, $1 Buyout, and Straight Leases shall be subject to an early termination charge, and shall involve the return of the Device (in good working condition; ordinary wear and tear excepted) by the Purchasing Entity to the Contractor. With respect to the Device, the termination charge shall not exceed the balance of remaining Device Payments (including any current and past due amounts), and with respect to Service or maintenance obligations, the termination charge shall not exceed four (4) months of the Service and Supply base charge or twenty-five percent (25%) of the remaining Maintenance Agreement term, whichever is less.
Early Termination Charges. If Customer terminates a Service after the Effective Date in the Order Form, and prior to the end of the Service Term outlined in such applicable Order Form, and the termination is due to any reason other than an uncured breach of these Terms and Conditions by Atlantic Broadband or in accordance with Section 3.11 below, the Customer shall pay an early termination charge equal to the sum of: (i) all unpaid NRCs, installation/construction charges, MRCs and other unpaid amounts for the Service(s) provided through the effective date of termination, and (ii) one hundred percent (100%) of the remaining MRCs, including any monthly equipment charges, multiplied by the number of months remaining in the Service Term (the “Early Termination Charge(s)”). Except as otherwise set forth in an applicable Order Form, the Early Termination Charge(s) herein supersede any other contrary terms or conditions, whether written in these Terms and Conditions or elsewhere online. You agree that the Early Termination Charge(s) are a good faith estimate of Atlantic Broadband’s actual damages, and are not a penalty. Any such Early Termination Charge shall be due and payable immediately upon Customer’s receipt of an invoice or other request therefore.
Early Termination Charges. If (a) Customer terminates this Master Agreement or any Service Order for reasons other than for Cause; or (b) NoaNet terminates this Master Agreement or any Service Order pursuant to Sections 14 or 15, then Customer will pay, within thirty (30) days after such termination the following with respect to the terminated Service Order or with respect to all Service Orders if the Master Service Agreement is terminated: (i) all accrued but unpaid charges incurred through the date of such termination, as well as NoaNet’s fees for the balance of the month in which the termination is effective, plus (ii) an amount equal to fifty percent (50%) of the remaining “MRC” for the then current term, plus (iii) a pro rata portion of any and all service credits received by Customer. In the event of termination by either Party (except for termination by Customer for Cause), Customer shall not be entitled to reimbursement of fees already paid to NoaNet. [If Customer terminates a Service Order and enters into a new Service Order within ninety days of such termination, then payment of the amounts set forth above will be offset against the MRCs to be charged over the term of the new Service Order ] If Customer desires to cancel a Service Order prior to the Firm Order Confirmation NoaNet notifying Customer that the Services are available for Customer’s use, the following conditions apply, (I) where a Service Order is canceled by the customer prior to the start of any design work or installation of facilities, no charge applies, (II) when a service that requires design work is canceled after the design work has begun, NoaNet may collect charges equal to the cost incurred for the design work time and materials to date of the termination (for NoaNet employees that do such work, the charges will be calculated at NoaNet’s standard rates for such work), and (III) if cancellation is requested after installation work has begun, NoaNet may collect charges equal to the cost incurred for the installation work based on a time and materials basis (for NoaNet employees that do such work, the charges will be calculated at NoaNet’s standard rates for such work).
Early Termination Charges. If (a) the Customer terminates the Agreement before the end of the Term for reasons other than (i) for Cause or (b) the Company terminates the Agreement for Cause, then the Customer will pay, within 30 days after such termination: (i) all accrued but unpaid charges incurred through the date of such termination, plus (ii) an amount equal to 25% of the unsatisfied TVC remaining during the year of termination, and for each subsequent contract year remaining in the Term, plus (iii) a pro rata portion of any and all credits received by the Customer. Credits:
Early Termination Charges. Customer may terminate the Agreement and/or a Service, in whole or in part, for its convenience, for no reason or for any reason, upon 60 days’ written notice to Company. Unless otherwise agreed in writing by the Parties, in the case of a termination (a) by Customer for its convenience or (b) by Company for Cause, Customer will pay: (i) all accrued but unpaid and undisputed charges incurred through the date of such termination; (ii) an amount (which Customer hereby agrees is reasonable) equal to 50% of the monthly recurring charges for the remaining months in the minimum term commitment for the relevant terminated Service(s) on the date of such termination; (iii) a pro rata portion of credits and waivers received by Customer under the Agreement as identified on the relevant Service Order Form, Service Schedule, or Service Order (except for Interstate Service Credits, if any; foreign tax credits, if any; other credits in the contract which are related to discounts to achieve net effective rates as specifically defined in each pricing section; and any other credits or waivers explicitly excluded elsewhere), in full, without setoff or deduction; provided that such credits and/or waivers are not related to Company’s nonperformance, and that such credits and/or waivers are agreed upon by the Parties on relevant Service Order Forms, Service Schedule, or Service Order. Customer will receive a credit equal to £297,410.94 to be applied against Customer’s Total Service Charges incurred for interstate and international services. Customer will receive a credit equal to $150,000.00 to be applied against Customer’s Total Service Charges incurred for interstate and international services. Settlement Credits: Customer will receive the following one-time credits to reimburse Customer for the charges incurred for the TSO Concurrent Call Path (CCP) services prior to the availability of the TSO VOIP service to Customer: (a) a one-time credit equal to $79,806.77 plus applicable Taxes and Governmental Charges, for December 2015 TSO CCP billing, such credit will be applied in the second full monthly billing period following the 21st Amendment Effective Date, (b) a one-time credit equal to $145,530.00 plus applicable Taxes and Governmental Charges, for January 2016 TSO CCP billing, such credit will be applied in the third full monthly billing period following the 21st Amendment Effective Date, (c) a one-time credit equal to $62,370.00 plus applicable Taxes and Governmental Charge...