Examples of Early Termination Damages in a sentence
The non-terminating Party shall thereafter determine any Early Termination Damages in a commercially reasonable manner.
The non-defaulting Party shall thereafter determine any Early Termination Damages in a commercially reasonable manner.
Upon a termination of this Agreement for Appropriations Failure, in full or as to any ESI ID(s), Customer shall pay all amounts due Gexa under this Agreement, including the Customer Early Termination Damages.
Early Termination Damages are due and payable thirty (30) days after the non-terminating or non-defaulting Party invoices the other Party.
Upon such termination, the terminating Party shall be responsible for Early Termination Damages, which shall be due and payable in accordance with Section 6.05 below.
If the Gexa Early Termination Damages are charged due to an Event of Default by Gexa, then the Gexa Early Termination Damages will also include Customer’s reasonable costs relating to the determination and collection of Gexa Early Termination Damages, including attorney and consultant fees incurred.
Early Termination Damages and all previously incurred charges pursuant to this Contract, are due and payable to the non-defaulting or non-terminating Party upon early termination or default.
Gexa agrees the Gexa Early Termination Damages are a reasonable estimate of the damages due Customer for failure to deliver electric supply, and are not punitive in nature.
Subject to payment of Early Termination Damages, either Party may terminate this Contract early by giving at least thirty (30) days written notice to the other Party.
If the Affected Transaction(s) are terminated pursuant to this Section 10.4, then the Party who receives the notice of early termination of the Affected Transaction(s) (the “Calculating Party”) shall calculate its Early Termination Damages for the Affected Transaction(s) only, in accordance with Section 10.2, as if the Calculating Party were a Notifying Party.