Common use of Annual or Multi-Annual Plan Clause in Contracts

Annual or Multi-Annual Plan. For an Annual or Multi- Annual Plan, Your authorized company representative may terminate any Schedule for any reason by written notice to [Reseller]. If, following processing and confirmation by [Reseller] such a termination is effective prior to the end of the then-current Schedule Term, You will incur a fee that is equal to the sum of (a) all unpaid amounts for Services provided until the effective date of termination; (b) any third party cancellation/termination charges related to the installation and/or termination of Services, (c) the non-recurring charges for any cancelled Services, if such charges have not already been paid and (d) an early termination fee being the percentage of the monthly recurring charges for the terminated Services calculated from the effective date of termination as (1) 100% of the remaining monthly recurring charges that would have been incurred for the Services for months 1-12 of the Services Term, plus (2) 50% of the remaining monthly recurring charges that would have been incurred for the Services for months 13 through the end of the Services Term. The early termination fee is not a penalty. It is an estimate of liquidated damages suffered by [Reseller] as a result of Your early termination of the Services. The early termination fee shall not be incurred for terminations as described in clauses 3.1 and 13.2.

Appears in 2 contracts

Samples: Master Service Agreement, Master Service Agreement

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Annual or Multi-Annual Plan. For an Annual or Multi- Multi-Annual Plan, Your authorized company representative may terminate any Schedule for any reason by written notice to [Reseller]. If, following processing and confirmation by [Reseller] such a termination is effective prior to the end of the then-current Schedule Term, You will incur a fee that is equal to the sum of (a) all unpaid amounts for Services provided until the effective date of termination; (b) any third party cancellation/termination charges related to the installation and/or termination of Services, (c) the non-recurring charges for any cancelled Services, if such charges have not already been paid and (d) an early termination fee being the percentage of the monthly recurring charges for the terminated Services calculated from the effective date of termination as (1) 100% of the remaining monthly recurring charges that would have been incurred for the Services for months 1-12 of the Services Term, plus (2) 50% of the remaining monthly recurring charges that would have been incurred for the Services for months 13 through the end of the Services Term. The early termination fee is not a penalty. It is an estimate of liquidated damages suffered by [Reseller] as a result of Your early termination of the Services. The early termination fee shall not be incurred for terminations as described in clauses 3.1 and 13.2.

Appears in 2 contracts

Samples: Master Service Agreement, Master Service Agreement

Annual or Multi-Annual Plan. For an Annual or Multi- Multi-Annual Plan, Your authorized company representative You may terminate any Schedule and/or Application for Service, as applicable, for any reason by written notice to [Reseller]following the termination procedure located within the Account section of the administrative control panel at any time. If, following processing and confirmation by [Reseller] If such a termination is effective prior to the end of the then-current Schedule Term, You will incur a fee that is equal to the sum of (a) all unpaid amounts for Services provided until through the effective date of termination; (b) any third party cancellation/termination charges related to the installation and/or termination of Services, (c) the non-recurring charges for any cancelled Services, if such charges have not already been paid and (d) an early termination fee being the percentage of the monthly recurring charges for the terminated Services calculated from the effective date of termination as (1) 100% of the remaining monthly recurring charges that would have been incurred for the Services for months 1-12 of the Services Term, plus (2) 50% of the remaining monthly recurring charges that would have been incurred for the Services for months 13 through the end of the Services Term. The early termination fee is not a penalty. It is an estimate of liquidated damages suffered by [Reseller] KDDIA as a result of Your early termination of the Services. The early termination fee shall not be incurred for terminations as described in clauses 3.1 and 13.2.

Appears in 1 contract

Samples: Master Service Agreement

Annual or Multi-Annual Plan. For an Annual or Multi- Multi-Annual Plan, Your authorized company representative may terminate any Schedule for any reason by written notice to [ResellerCOP]. If, following processing and confirmation by [Reseller] COP], such a termination is effective prior to the end of the then-current Schedule Term, You will incur a fee that is equal to the sum of (a) all unpaid amounts for Services provided until the effective date of termination; (b) any third party cancellation/termination charges related to the installation and/or termination of Services, (c) the non-recurring charges for any cancelled Services, if such charges have not already been paid and (d) an early termination fee being the percentage of the monthly recurring charges for the terminated Services calculated from the effective date of termination as (1) 100% of the remaining monthly recurring charges that would have been incurred for the Services for months 1-12 of the Services Term, plus (2) 50% of the remaining monthly recurring charges that would have been incurred for the Services for months 13 through the end of the Services Term. The early termination fee is not a penalty. It is an estimate of liquidated damages suffered by [ResellerCOP] as a result of Your early termination of the Services. The early termination fee shall not be incurred for terminations as described in clauses 3.1 and 13.2.

Appears in 1 contract

Samples: Master Service Agreement

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Annual or Multi-Annual Plan. For an Annual or Multi- Multi-Annual Plan, Your authorized company representative You may terminate any Schedule for any reason by written notice to [Reseller]following the termination procedure located within the Account section of the administrative control panel at any time. If, following processing and confirmation by [Reseller] If such a termination is effective prior to the end of the then-current Schedule Term, You will incur a fee that is equal to the sum of (a) all unpaid amounts for Services provided until through the effective date of termination; (b) any third party cancellation/termination charges related to the installation and/or termination of Services, (c) the non-recurring charges for any cancelled Services, if such charges have not already been paid and (d) an early termination fee being the percentage of the monthly recurring charges for the terminated Services calculated from the effective date of termination as (1) 100% of the remaining monthly recurring charges that would have been incurred for the Services for months 1-12 of the Services Term, plus (2) 50% of the remaining monthly recurring charges that would have been incurred for the Services for months 13 through the end of the Services Term. The early termination fee is not a penalty. It is an estimate of liquidated damages suffered by [Reseller] NATGisIT as a result of Your early termination of the Services. The early termination fee shall not be incurred for terminations as described in clauses 3.1 and 13.2.

Appears in 1 contract

Samples: Master Service Agreement

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