Termination by XOOM definition

Termination by XOOM. XOOM Energy may cancel or terminate the Agreement early for any reason, or no reason, without penalty, with thirty (30) days advance written notice. Termination becomes effective when the local utility processes of XOOM’s cancellation request. You shall be obligated to pay for the electricity supply service provided by XOOM pursuant to this agreement prior to the date cancellation becomes effective, including any applicable local utility late fees, and other fees and charges. Should XOOM terminate the Agreement, you will be returned to your local electric utility’s default electricity supply service unless you choose a different supplier. Should an early cancellation occur, you may utilize the dispute resolution procedures identified in this Agreement.
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Related to Termination by XOOM

  • Partial Termination has the meaning set forth in the Section 6.3(a).

  • Termination or “Terminated” means, for purposes of this Plan with respect to a Participant, that the Participant has for any reason ceased to provide services as an employee, officer, director, consultant, independent contractor or advisor to the Company or a Parent or Subsidiary of the Company. An employee will not be deemed to have ceased to provide services in the case of (i) sick leave, (ii) military leave, or (iii) any other leave of absence approved by the Committee; provided, that such leave is for a period of not more than 90 days, unless reemployment upon the expiration of such leave is guaranteed by contract or statute or unless provided otherwise pursuant to formal policy adopted from time to time by the Company and issued and promulgated to employees in writing. In the case of any employee on an approved leave of absence, the Committee may make such provisions respecting suspension of vesting of the Award while on leave from the employ of the Company or a Parent or Subsidiary of the Company as it may deem appropriate, except that in no event may an Award be exercised after the expiration of the term set forth in the applicable Award Agreement. The Committee will have sole discretion to determine whether a Participant has ceased to provide services and the effective date on which the Participant ceased to provide services (the “Termination Date”).

  • Termination for Convenience means the termination of the Trade Contract Agreement or the Trade Contractor Work by the Authority without cause and for the convenience of the Authority as decided in its sole discretion.