Common use of Termination with Liability Clause in Contracts

Termination with Liability. If: (a) Customer terminates this agreement before the end of the Term for reasons other than Cause; or (b) Company terminates this agreement for Cause pursuant to the Section entitled “Termination,” then Customer will pay, within thirty (30) days after such termination: (i) all accrued but unpaid charges incurred through the date of such termination, plus (ii) an amount equal to one hundred percent (100%) of the unsatisfied balance remaining during the year of termination, and for each subsequent Contract Year remaining in the Term, plus (iii) a pro rata portion of any and all credits received by Customer. Payment Arrangements: Customer agrees to pay Company invoices within 30 days. OPTION NO. 55163201 Term: 12 months Upon expiration of the Term, the Agreement will be automatically extended on a month-to-month basis unless either party terminates this Agreement upon at least sixty (60) days written notice prior to the end of the Initial Term (“Extended Term”). During the Extended Term, either party may terminate this Agreement upon at least sixty (60) days prior written notice. Minimum Annual Volume Commitment (“AVC”): $10,000 in Total Service Charges

Appears in 2 contracts

Samples: enterprise.verizon.com, enterprise.verizon.com

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Termination with Liability. If: (a) Customer terminates this agreement Agreement before the end of the Term for reasons other than Cause; or (b) Company Verizon terminates this agreement Agreement for Cause pursuant to the Section entitled “Termination,” then Customer will pay, within thirty (30) days after such termination: (i) all accrued but unpaid charges incurred through the date of such termination, plus (ii) an amount equal to one hundred percent (100%) of the unsatisfied balance AVC remaining during the year of termination, and for each subsequent Contract Year remaining in the Term, (iii) any waived start-up and/or non-recurring charges; plus (iiiiv) a pro rata portion of any and all credits received by Customer. Payment ArrangementsSpecial Terms and Conditions: Customer agrees to pay Company invoices within 30 days. OPTION NO. 55163201 NO 56518302 Term: 12 months Upon expiration of the Term, the Agreement will be automatically extended on a month-to-month basis unless either party terminates this Agreement upon at least sixty (60) days written notice prior to the end of the Initial Term (“Extended Term”). During the Extended Term, either party may terminate this Agreement upon at least sixty (60) days prior written notice. Minimum Annual Volume Commitment (“AVC”): $10,000 58,000.00 in Total Service Charges

Appears in 1 contract

Samples: enterprise.verizon.com

Termination with Liability. If: (a) If Customer terminates this agreement the Agreement before the end of the Term Term, or terminates Service before the end of the applicable term commitment, for reasons other than Cause; Cause or (b) Company terminates this agreement the Agreement or Service for Cause pursuant to the Section entitled “Termination,” , then Customer will pay, within thirty shall pay (30) days after such termination: (ia) all accrued but unpaid charges incurred through the date of such terminationtermination , plus (iib) an amount equal to one hundred percent the difference between (100%i) of Customer’s total charges prior to the unsatisfied balance remaining during the year of termination, and for each subsequent Contract Year remaining in the Termtermination based on its applicable month-to-month pricing and/or discounts, plus (iiic) any waived installation charges. Plus (d) a pro rata portion of any and all credits received by Customer. Payment ArrangementsCustomer and any termination charges that may be required pursuant to the “Appropriated Funding:” shall be considered a Customer termination for Cause.. Option: Customer agrees to pay Company invoices within 30 days. OPTION NO. 55163201 68501805 Initial Term: 12 36 months Upon expiration of the Term, the Agreement will be automatically extended on a month-to-month basis unless either party terminates this the Agreement upon at least sixty (60) days written notice prior to the end of the Initial Term (“Extended Term”). During The terms of the Extended Agreement will continue to apply during any service-specific commitments that extend beyond the Term, either party may terminate this Agreement upon at least sixty (60) days prior written notice. Minimum Annual Volume Commitment (“AVC”): $10,000 360,000 in Total Service ChargesCharges (“AVC”) during each contract year of the Term.

Appears in 1 contract

Samples: enterprise.verizon.com

Termination with Liability. If: (a) Customer terminates this agreement Agreement before the end of the Term for reasons other than Cause; or (b) Company Verizon terminates this agreement Agreement for Cause pursuant to the Section entitled “Termination,” then Customer will pay, within thirty (30) days after such termination: (i) all accrued but unpaid charges incurred through the date of such termination, plus (ii) an amount equal to one hundred twenty-five percent (10025%) of the unsatisfied balance AVC remaining during the year of termination, and for each subsequent Contract Year remaining in the Term, plus (iii) a pro rata portion of any and all credits received by Customer. Payment ArrangementsPromotions: The Customer agrees to pay Company invoices within 30 days. is eligible for the following promotions as set forth in the Guide: Verizon Business Promotion for New Long Distance Customers InterLATA Long Distance PIC Fee Credit Promotion IntraLATA PIC Fee Credit Promotion OPTION NO. 55163201 NO 56448000 Term: 12 24 months Upon expiration of the Term, the Agreement will be automatically extended on a month-to-month basis unless either party terminates this Agreement upon at least sixty (60) days written notice prior to the end of the Initial Term (“Extended Term”). During the Extended Term, either party may terminate this Agreement upon at least sixty (60) days prior written notice. Minimum Annual Volume Commitment (“AVC”): $10,000 6,000.00 in Total Service Charges

Appears in 1 contract

Samples: enterprise.verizon.com

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Termination with Liability. If: (a) Customer terminates this agreement Agreement before the end of the Term for reasons other than Cause; or (b) Company Verizon terminates this agreement Agreement for Cause pursuant to the Section entitled “Termination,” then Customer will pay, within thirty (30) days after such termination: (i) all accrued but unpaid charges incurred through the date of such termination, plus (ii) an amount equal to one hundred percent (100%) of the unsatisfied balance AVC remaining during the year of termination, and for each subsequent Contract Year remaining in the Term, (iii) any waived start-up and/or non-recurring charges; plus (iiiiv) a pro rata portion of any and all credits received by Customer. Payment Arrangements: Customer agrees to pay Company invoices within 30 days. OPTION NO. 55163201 54747301 Term: 12 24 months Upon expiration of the Term, the Agreement will be automatically extended on a month-to-month basis unless either party terminates this Agreement upon at least sixty (60) days written notice prior to the end of the Initial Term (“Extended Term”). During the Extended Term, either party may terminate this Agreement upon at least sixty (60) days prior written notice. Minimum Annual Volume Commitment (“AVC”): $10,000 180,000.00 in Total Service Charges

Appears in 1 contract

Samples: enterprise.verizon.com

Termination with Liability. If: (a) Customer terminates this agreement Agreement before the end of the Term for reasons other than Cause; or (b) Company terminates this agreement Agreement for Cause pursuant to the Section entitled “Termination,” then Customer will pay, within thirty (30) days after such termination: (i) all accrued but unpaid charges incurred through the date of such termination, plus (ii) an amount equal to one hundred percent (100%) of the unsatisfied balance AVC remaining during the year of termination, and for each subsequent Contract Year remaining in the Term, (iii) any waived start-up and/or non-recurring charges; plus (iiiiv) a pro rata portion of any and all credits received by Customer. Payment Arrangements: Customer agrees to pay Company invoices within 30 days. OPTION NO. 55163201 54747301 Term: 12 24 months Upon expiration of the Term, the Agreement will be automatically extended on a month-to-month basis unless either party terminates this Agreement upon at least sixty (60) days written notice prior to the end of the Initial Term (“Extended Term”). During the Extended Term, either party may terminate this Agreement upon at least sixty (60) days prior written notice. Minimum Annual Volume Commitment (“AVC”): $10,000 180,000.00 in Total Service Charges

Appears in 1 contract

Samples: enterprise.verizon.com

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