Common use of Early Termination Fee Clause in Contracts

Early Termination Fee. Early termination of this Agreement will result in an Early Termination Fee of $ multiplied by the number of years remaining in the current Agreement Term or Renewal Term at the time of the termination (the “Early Termination Fee”). Any reduction of aggregate usage, as described in Paragraph 11 of this Agreement, will result in a pro-rated Early Termination Fee based on the proportional difference between the Customer’s prior Subscription Share and the reduced Subscription Share. The entire amount of any Early Termination Fee will be immediately due upon receipt of notice from the Company. If Customer’s Subscription is fully re-subscribed by a similarly situated customer within ninety (90) days of notification or termination, Customer’s Early Termination Fee may be waived by the Company.

Appears in 6 contracts

Samples: Renewable Ready Subscriber Agreement, Renewable Ready Subscriber Agreement, Renewable Ready Subscriber Agreement

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Early Termination Fee. Early termination of this Agreement will result in an Early Termination Fee of $ $24,650 multiplied by the number of years remaining in the current Agreement Term or Renewal Term at the time of the termination (the “Early Termination Fee”). Any reduction of aggregate usage, as described in Paragraph 11 of this Agreement, will result in a pro-rated Early Termination Fee based on the proportional difference between the Customer’s prior Subscription Share and the reduced Subscription Share. The entire amount of any Early Termination Fee will be immediately due upon receipt of notice from the Company. If Customer’s Subscription is fully re-subscribed by a similarly situated customer within ninety (90) days of notification or termination, Customer’s Early Termination Fee may be waived by the Company.

Appears in 3 contracts

Samples: Renewable Ready Subscriber Agreement, Renewable Ready Subscriber Agreement, Renewable Ready Subscriber Agreement

Early Termination Fee. Early termination of this Agreement will result in an Early Termination Fee of $ $22,588 multiplied by the number of years remaining in the current Agreement Term or Renewal Term at the time of the termination (the “Early Termination Fee”). Any reduction of aggregate usage, as described in Paragraph 11 of this Agreement, will result in a pro-rated Early Termination Fee based on the proportional difference between the Customer’s prior Subscription Share and the reduced Subscription Share. The entire amount of any Early Termination Fee will be immediately due upon receipt of notice from the Company. If Customer’s Subscription is fully re-subscribed by a similarly situated customer within ninety (90) days of notification or termination, Customer’s Early Termination Fee may be waived by the Company.

Appears in 2 contracts

Samples: Renewable Ready Subscriber Agreement, Renewable Ready Subscriber Agreement

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Early Termination Fee. Early termination of this Agreement will result in an Early Termination Fee of $ $3,900 multiplied by the number of years remaining in the current Agreement Term or Renewal Term at the time of the termination (the “Early Termination Fee”). Any reduction of aggregate usage, as described in Paragraph 11 of this Agreement, will result in a pro-rated Early Termination Fee based on the proportional difference between the Customer’s prior Subscription Share and the reduced Subscription Share. The entire amount of any Early Termination Fee will be immediately due upon receipt of notice from the Company. If Customer’s Subscription is fully re-subscribed by a similarly situated customer within ninety (90) days of notification or termination, Customer’s Early Termination Fee may be waived by the Company.

Appears in 1 contract

Samples: Renewable Ready Subscriber Agreement

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