Minimum Contract Term Sample Clauses
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Minimum Contract Term. If Customer terminates the Agreement, ceases renting the Hardware or accessing the Services during the Minimum Contract Term, then Customer must pay EROAD an early termination fee for the Hardware and the associated Services. The early termination fee is an amount equal to the total amount of Fees that would have been payable by Customer for the Hardware and the associated Services specified in the Agreement for the remainder of the Minimum Contract Term had the Agreement not been terminated or had Customer not ceased renting the Hardware or accessing the Services (the Early Termination Fee).
Minimum Contract Term. If Customer terminates the Agreement, ceases renting the Hardware or accessing the Services during the Minimum Contract Term, then Customer must pay EROAD an early termination fee for the Hardware and the associated Services. The early termination fee is an amount equal to the total amount of Fees that would have been payable by Customer for the Hardware and the associated Services specified in the Agreement for the remainder of the Minimum Contract Term had the Agreement not been terminated or had Customer not ceased renting the Hardware or accessing the Services (the Early Termination Fee). The Customer acknowledges that the Early Termination Fee represents a genuine pre- estimate of the loss suffered by EROAD in the event that the Customer terminates the Agreement during the Minimum Contract Term.
Minimum Contract Term the agreed time agreed of the Service after completion of transfer as set out in the contract prior.