Common use of Calculation of Termination Charge Incurred During a Renewal Term Clause in Contracts

Calculation of Termination Charge Incurred During a Renewal Term. If you incur a Termination Charge during a Renewal Term, the Termination Charge shall equal the sum of the following: (1) all unpaid amounts for Services actually provided prior to the early termination date; (2) any non-recurring charges associated with the terminated Service(s) that have not yet been paid to Astound; (3) any disconnection or other early termination charges Astound reasonably incurs on your behalf in connection with the early termination; and (4) fifty-percent (50%) of the monthly recurring charges for the Service(s) that are being terminated multiplied by the number of months then-remaining in the Renewal Term (partial months to be pro-rated). You expressly acknowledge and agree that the calculation of the Termination Charge set forth above is a genuine estimate of Astound’s actual damages in the event of the early termination of your Service(s) during a Renewal Term and is not a penalty.

Appears in 4 contracts

Samples: Small Business Services Subscriber Agreement, Small Business Services Subscriber Agreement, Small Business Services Subscriber Agreement

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Calculation of Termination Charge Incurred During a Renewal Term. If you incur a Termination Charge during a Renewal Term, the Termination Charge shall equal the sum of the following: (1) all unpaid amounts for Services actually provided prior to the early termination date; (2) any non-recurring charges associated with the terminated Service(s) that have not yet been paid to AstoundGrande; (3) any disconnection or other early termination charges Astound Grande reasonably incurs on your behalf in connection with the early termination; and (4) fifty-percent (50%) of the monthly recurring charges for the Service(s) that are being terminated multiplied by the number of months then-remaining in the Renewal Term (partial months to be pro-rated). You expressly acknowledge and agree that the calculation of the Termination Charge set forth above is a genuine estimate of AstoundXxxxxx’s actual damages in the event of the early termination of your Service(s) during a Renewal Term and is not a penalty.

Appears in 1 contract

Samples: Subscriber Agreement

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Calculation of Termination Charge Incurred During a Renewal Term. If you incur a Termination Charge during a Renewal Term, the Termination Charge shall equal the sum of the following: (1) all unpaid amounts for Services actually provided prior to the early termination date; (2) any non-recurring charges associated with the terminated Service(s) that have not yet been paid to AstoundGrande; (3) any disconnection or other early termination charges Astound Grande reasonably incurs on your behalf in connection with the early termination; and (4) fifty-percent (50%) of the monthly recurring charges for the Service(s) that are being terminated multiplied by the number of months then-remaining in the Renewal Term (partial months to be pro-rated). You expressly acknowledge and agree that the calculation of the Termination Charge set forth above is a genuine estimate of AstoundGrande’s actual damages in the event of the early termination of your Service(s) during a Renewal Term and is not a penalty.

Appears in 1 contract

Samples: Small Business Services Subscriber Agreement

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