Early Termination Liability definition

Early Termination Liability or “ETL” shall mean the Customer’s liability in the event of a termination of this any service provided under this Agreement prior to the current Service Order Term for the service and shall be equal to the average amount of the total fees for any and all cancelled services for the prior three (3) months multiplied times the number of months remaining in the applicable Term for the services cancelled.
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Early Termination Liability or “ETL” shall mean: 2.11.1 In the event Service is terminated following 46 Labs acceptance of the applicable SO but prior to the Start of Service Date, Customer shall pay ETL equal to the costs and expenses incurred by 46 Labs in installing or preparing to install the Service plus twenty percent (20%). 2.11.2 If Service is terminated on or following the Start of Service Date but prior to the end of the applicable Service Order Term, Customer shall pay ETL equal to a percentage of the monthly recurring charges remaining for the unexpired portion of the then-current Service Term, calculated as follows: 2.11.2.1 100% of the monthly recurring charges with respect to months 1-12 of the Service Order Term; plus
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Early Termination Liability means any actual liability of any Group Company to a third party service provider pursuant to the terms of a contract with that provider to pay for a third party service purchased specifically for a customer (and not including any service or infrastructure shared with any other customer(s)) where (i) that customer has terminated the contract relating to that service wholly because of a material breach of any obligation under such contracts by a Group Company prior to Completion; or (ii) there is a mismatch between the termination dates and notice periods between the relevant contracts with the provider and the customer respectively in existence at the time of Completion;
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Examples of Early Termination Liability in a sentence

  • A payment default or other default by Customer resulting in termination of this Agreement or any Service ordered pursuant to this Agreement will entitle Syringa Networks to collect from Customer applicable Early Termination Liability as set forth in Section 5.2.

  • Company will waive the Early Termination Liability associated with this circuit.

  • If a TDP Customer disconnects all or a portion of Service before the expiration of a TDP, Customer will be subject to Early Termination Liability described in Standard Terms and Conditions for Communications Services.

  • Customer shall not dispute the validity of any Cancellation Charge or Early Termination Liability, including any assertion that such damages are penalties or are not reasonably related to actual damages.

  • Early Termination Liability applies to any Termination for Convenience, unless Customer signs a new Service Order within 30 days of the Termination of Convenience notice with a higher MRC for similar Services and a new initial term of at least 36 months.

  • Early Termination Liability shall be due and payable in accordance with Section 5.

  • Early Termination Liability: 100% of remaining MRCs if terminated in Year 1; 50% if terminated in year 2; 25% if terminated in year 3.

  • In such event, the Service Provider shall be paid under the terms of this Contract for all services provided to and accepted by the State prior to the effective date of termination, and in accordance with the Early Termination Liability provisions contained herein.

  • In the event Customer cancels a Service enabled by Third-Party Services, it is considered termination for convenience for which Customer must pay the Early Termination Liability (ETL) which includes Third-Party cancellation charges.

  • If Customer terminates the associated Sprint transport or MNS before the end of the Managed Network Services Order Term, Customer will pay Sprint early termination liabilities for the MNS specified in Section 2 (Early Termination Liability) above.

Related to Early Termination Liability

  • Early Termination means the Termination of Employment before Normal Retirement Age for reasons other than death, Disability, Termination for Cause or following a Change of Control.

  • Early Termination Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, these Conditions or the relevant Final Terms;

  • Early Termination Date means the date determined in accordance with Section 6(a) or 6(b)(iv).

  • Early Termination Effective Date is defined in Section 4.2 of this Agreement.

  • Early Termination Payment is defined in Section 4.3(b) of this Agreement.