Payment Obligation Upon Termination Clause Samples
Payment Obligation Upon Termination. During the Term, Subscriber’s obligation to make payments as identified in this Agreement (and in any amendments or revisions) is irrevocable whether or not service is terminated for any reason by Subscriber’s action or failure to act including, but not limited to, failure to make payments when due.
Payment Obligation Upon Termination. E SAMPLE
Payment Obligation Upon Termination. During the Initial Term, Subscriber’s obligation to make monthly payments as identified in this Agreement (and in any amendments or revisions) is irrevocable whether or not service is terminated for any reason by Subscriber’s action or failure to act including, but not limited to, failure to make payments when due. Subject to the limited exception provided below, upon termination or cancellation occurring during the Initial Term Subscriber shall pay MSFN, in addition to a $100.00 termination fee and any other sums then due and owing, all monthly payments for the remainder of the Initial Term and such remaining payments are accelerated and become due and payable upon termination or cancellation. MSFN strives to maintain a 90th percentile of available bandwidth. Provided however, so long as Subscriber’s account is otherwise paid up-to-date and Subscriber has otherwise performed consistently with his/her obligations under this Agreement, if Subscriber pays MSFN a sum equal to one-half of the amount due to MSFN for the remainder of the Initial Term plus, a $100.00 cancellation fee MSFN will terminate the agreement and cease monthly invoicing. At sole MSFN discretion, equipment may need returned to an MSFN branch office. Failure to return equipment within 10 business days of such request will result in an additional equipment charge.