Termination Liability definition

Termination Liability means a contingent Government obligation to pay a utility supplier the unamortized portion of a connection charge and any other applicable nonrefundable service charge as defined in the contract in the event the Government terminates the contract before the cost of connection facilities has been recovered by the utility supplier (see "Connection charge").
Termination Liability means a contingent Government obligation to pay a utility supplier the unamortized portion of a connection charge and any other applicable nonrefundable service charge as defined in the contract in the event the Government terminates the contract before the cost of connection facilities has been recovered by the utility supplier (see “Connection charge”).
Termination Liability is as defined in Section 5.4.

Examples of Termination Liability in a sentence

  • Any local channels, interoffice channels, and/or optional features and functions from the original location that are not reestablished at the new location will be subject to applicable Termination Liability charges.

  • A Termination Liability Charge is applicable at the date of termination.

  • The Contractor agrees to provide the Contracting Officer, in such reasonable detail as the Contracting Officer may require, inventory schedules covering all items of property or facilities in the Contractor's possession, the cost of which is included in the Basic Cancellation or Termination Liability for which the Contractor has no foreseeable reuse.

  • The Basic Termination Liability applicable to the facilities or equipment in their former location shall continue to apply to the facilities and equipment in their new location.

  • A Termination Liability Charge is applicable if service is terminated prior to expiration of the contract.


More Definitions of Termination Liability

Termination Liability means the portion of payments made by CTS that will be retained by Contractor in the event that CTS must cancel the Contract, or a portion thereof.
Termination Liability. If Client terminates this SOW prior to the end of the Service Term for any reason other than Konica Minolta’s material breach of this SOW, which remains uncured after forty-five (45) days from Konica Minolta’s receipt of Client's written notice, Client shall pay to Konica Minolta within thirty (30) days of such termination 80% of all recurring charges for the balance of the Service Term and all non-recurring charges associated with this SOW.
Termination Liability. [CT REQUESTED] Minimum Usage Commitment (Per Month): N/A [CT REQUESTED] Per Call Billing Increments: [CT REQUESTED] MFSI Is My International Carrier of Choice To: [CT REQUESTED] All Amounts Due are in U.S. Dollars.
Termination Liability means all liabilities, costs, claims, damages and expenses relating to the termination of a Business Employee’s employment from a Seller for any or no reason, including, without limitation, all liabilities, costs, claims, damages and expenses relating to severance, outplacement, vacation pay, salary, commissions and benefits for periods prior to the Closing Date, claims of wrongful termination, age, race or sex discrimination or the like, liability under the Worker Adjustment and Retraining Notification Act (WARN), COBRA and state benefits continuation laws, and any Taxes or penalties payable with respect to any of the foregoing payments or liabilities. For the avoidance of doubt, the Buyer is not assuming any retention agreement or any commission, incentive or other employee-related Plan, program, agreement or arrangement or any liability thereunder;
Termination Liability means the amount payable by a member of the Limited Hillside Group under Article V of the Joint Settlement Agreement with respect to the termination of one or both Plans.
Termination Liability shall have the meaning set forth in Article 14, Termination.
Termination Liability means any discontinuance fees of any kind, including without limitation, those listed in Sections 6.4 and 12.7, the fees, rates, amounts, charges, costs, damages, or term similar to any of the foregoing, except that it shall not refer to fees owed by Customer to CSG for Products and Services delivered by CSG to Customer prior to the effective date of termination of this Agreement.