Termination Charge definition

Termination Charge means a charge levied when an unamortized balance remains and the Jurisdiction requests termination of Street Lighting Service. The charge is determined by costs of equipment, installation, removal, disposal, Capital Recovery Period, and Utility Financing Cost minus payments made to date for the specific fixtures.

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Termination Charge shall equal the sum of the following: (i) all unpaid amounts for Services actually provided prior to the termination date; (ii) any portion of the NRC for the terminated Service(s) that has not yet been paid to Provider; (iii) with respect to off-net Services only, any documented cancellation or termination charges or fees imposed on Provider by any third party in connection with the early termination of the Services; and (iv) one hundred percent (100%) of all remaining MRCs Customer was to pay Provider for the Service during the remainder of the applicable Service Term. If incurred, the Termination Charge will be due and payable by Customer within thirty (30) days after the termination date of the Service at issue. Customer acknowledges that the calculation of the Termination Charge is a genuine estimate of Provider’s actual damages and is not a penalty.

Termination Charge means the charge applicable for the provision of the Call Termination Service as described in Schedule 2;

Examples of Termination Charge in a sentence

• If incurred, the Termination Charge will be due and payable by Customer within forty-five (45) days after the termination date of the Service(s) at issue.

• Notwithstanding anything to the contrary provided in the immediately preceding sentence, in no event shall the amount of the Termination Charge, when added to the total amount of Fees already paid by Customer to Provider for the Services at issue prior to the early termination, exceed the total amount Customer would have paid for the Services pursuant to the Service Order had the Services not been terminated early.

• Pursuant to the clause entitled “Consequences of Termination” and unless otherwise specified in the Agreement or a Contract, if the Agreement terminated contains a Volume Commitment(s) the Early Termination Charge will be equal to 75% of the remaining aggregate of the Volume Commitments (and a pro rata portion for any partial Contract Year), plus any amounts due under the sub-clause entitled “Services Termination”.

• Accordingly, notwithstanding anything to the contrary contained elsewhere in this MSA or in any Service Order, in the event that, for any future fiscal period, sufficient funds are not appropriated or allocated for payment of any one or more Service Orders, Customer may terminate the Service Order at issue as a matter of public convenience without incurring a Termination Charge or any other early termination fee.

• If Customer experiences a Chronic Outage with respect to a Service, Customer shall have the right to elect either of the following remedies, which must be claimed as described in this SLA: (i) substitute a different Service or a different path for the Service that experienced the Chronic Outage without incurring any Termination Charge or installation fees; or (ii) terminate the affected Service for the path that experienced the Chronic Outage without incurring any Termination Charge.

More Definitions of Termination Charge

Termination Charge means the total Charges which are still to fall due or which would, but for termination of the Contract, have become due under the relevant Contract plus any costs incurred by the Company in terminating any funding arrangements entered into by the Company in connection with the Equipment. “Upgrade” means any supply of a new handset or mobile device.

Termination Charge means the charge calculated in accordance with Paragraph 21.6 entitled “Termination Charge.”

Termination Charge shall have the meaning set forth in Section 20.01.

Termination Charge means the amount if any set out in the Order Form and all outstanding invoices;

Termination Charge means the charge payable by Equifax to PwCES as set forth in Exhibit 1.

Termination Charge the greater of: 1.40.1 the daily average of all interest and fees paid by Borrower to Lender hereunder for the six full calendar months (or portion thereof if obligations have not been outstanding hereunder for at least six full calendar months) preceding the date of calculation, applied pro rata to the period of computation determined pursuant to Section 3.3.11; and 1.40.2 the Minimum Monthly Charge, applied pro rata to the period of computation determined pursuant to Section 3.3.11.

Termination Charge means those charges payable by a User whose Gateway is disconnected in accordance with this Agreement as specified in the Data Transfer Handbook;