Common use of Termination of Medical Lock Box Services; Liquidated Damages Clause in Contracts

Termination of Medical Lock Box Services; Liquidated Damages. If you choose to terminate Medical Lock Box Services before you have used such services for twelve (12) consecutive months for any reason other than Bank’s failure to reasonably perform our obligations hereunder, Customer shall pay to Bank, as liquidated damages and not as a penalty, an amount equal to sixty percent (60%) of such Customer’s average monthly xxxxxxxx for health care services relating multiplied by the number of months remaining until the end of the 12-month period. * * * End of Terms and Conditions for Lockbox Services * * *