Examples of Termination Fee in a sentence
Effect of Termination As long as Client is current with payment of: (i) the Fees under this Attachment, (ii) the Fees under any Project Services Attachment or Statement of Work for Off-Boarding, and/or (iii) the Termination Fee prior to transitioning the Services away from Provider’s control, then if either party terminates this Service Attachment, Provider will assist Client in the orderly termination of services, including timely transfer of the Services to another designated provider.
In the event of termination without cause by Client of this Order prior to the Acceptance Date, the Termination Fee shall be the sum of fifty percent (50%) of the Annual Processing Fees and the total Implementation Fee, minus any portion of the Implementation Fee already paid by Client on or prior to the termination effective date.
In the event that the Client terminates an Order in accordance with the provisions of Section11.6, no Termination Fee shall be payable.
In the event of early termination of this Agreement, the Client shall not be entitled to any refund of prepaid fees or other charges, and the Early Termination Fee shall become immediately due and payable.
The License Termination Fee shall be payable at the time LICENSEE exercises its termination right, and any purported termination notice shall not be effective unless accompanied by payment of the License Termination Fee.