Early Termination Fee Calculation Sample Clauses

Early Termination Fee Calculation. If for nonpayment of Services or financial Lease obligations or other types of default before the end of the Service Commitment and/or if you terminate your service for any reason other than what is listed or pursuant to a change of terms, conditions or rates as set forth in your agreement and/or amended agreement or signed change order. You further agree to pay us with respect to each electronic device Leased or telephone number assigned to you, or is listed equipment as part of the quote and contract. In addition to all other past due amounts owed, an Early Termination Fee in the amount specified below (“Early Termination Fee”). If your Service Commitment includes the purchase of certain specified Equipment the Early Termination Fee will be the balance of your term in months multiplied by the monthly rate, minus any additional contract negotiated amount (if any) -- if there was a discounted installation fee the dollar amount of the discount will be added to the balanced owed. The Early Termination Fee is not a penalty, but rather a charge to compensate us for your failure to satisfy the Service Commitment on which your rate plan is based.