Common use of Calculation of Early Order Term Termination Liability Clause in Contracts

Calculation of Early Order Term Termination Liability. Certain wireline Products and Services may be priced based on a minimum Order Term, which may be identified as an “Order Term,” “Access Term Plan,” or similar language, as listed in the applicable pricing Attachment. If End User terminates an Order in whole or in part, before expiration of the Order Term (unless due to Sprint’s material failure), or if Sprint terminates an Order under a termination right provided to Sprint under this Agreement, then End User will pay the following termination charges, which represent Sprint’s reasonable liquidated damages and not a penalty:

Calculation of Early Order Term Termination Liability. Certain wireline Products and Services may be priced based on a minimum Order Term, which may be identified as an “Order Term,” “Access Term Plan,” or similar language, as listed in the applicable pricing Attachment. If End User Customer terminates an Order in whole or in part, before expiration of the Order Term (unless due to Sprint’s material failure), or if Sprint terminates an Order under a termination right provided to Sprint under this Agreement, then End User Customer will pay the following early termination charges, which represent Sprint’s reasonable liquidated damages and not a penalty: