Common use of Cost Recovery Fee Clause in Contracts

Cost Recovery Fee. You understand and agree that in order for XOOM to offer and fulfill its fixed rate obligation to you, it has to purchase natural gas in advance of usage in amounts needed to cover the full term of this Agreement. If you cancel this Agreement early, you will be responsible for paying a cost recovery fee (“Cost Recovery Fee”) of $50 which is intended not as a penalty, but simply to offset the cost of selling the unused portion of your natural gas to others and estimated lost revenue that XOOM may incur from such a sale, if any, and related expenses. It will take time for your local utility company to cancel your XOOM account. During that time you agree to pay for the natural gas you consume that is supplied by XOOM. Credit, Payment and Collection: Your bill will be based on monthly meter readings provided to XOOM by your local utility. If your local utility is unable to read your meter, your local utility will estimate your charges based on previous usage history, and later adjust it based on actual usage shown by a meter reading. XOOM shall make similar adjustments on your bill. If there is an error in your meter reading, XOOM will adjust its bill to you upon your local utility providing a corrected meter reading to XOOM. You may receive a single bill for both your natural gas and the delivery of such natural gas from either XOOM or your utility distribution company, or each may invoice you separately. Payment is due by the date set forth on the invoice. This Agreement is contingent upon a satisfactory credit review and maintenance of good credit. Based on the results of the credit check XOOM reserves the right to require a security deposit in an amount equal to the average monthly share of the service for a 12-month service period. You represent that you are financially able and willing to fulfill the terms and conditions of this Agreement and that you have not filed, are not in the process of filing nor plan to begin any bankruptcy proceedings. If accepted as a customer, XOOM may report your payment experience. Bills not paid by their due date are subject to a late payment fee at the greater of the rate of 1.5%, or the maximum permitted by law, based on your total outstanding balance per month. XOOM will charge a $35 return check fee for all returned checks or the maximum allowed by law. XOOM may terminate your commodity service and may suspend services under procedures approved by law. In all events, you shall remain obligated to pay for all natural gas received by you and any interest, fees and penalties incurred by XOOM. You will also be responsible for all costs, including legal fees, associated with the collection of amounts owed to XOOM.

Cost Recovery Fee. You understand and agree that in order for XOOM to offer and fulfill its fixed rate obligation to you, it has to purchase natural gas electric power in advance of usage in amounts needed to cover the full term of this Agreement. If you cancel this Agreement early, you will be responsible for paying a cost recovery fee (“Cost Recovery Fee”) of $50 110 which is intended not as a penalty, but simply to offset the cost of selling the unused portion of your natural gas electricity to others and estimated lost revenue that XOOM may incur from such a sale, if any, and related expenses. It will take time for your local utility company to cancel your XOOM account. During that time you agree to pay for the natural gas you consume that is supplied by XOOM. Credit, Payment and Collection: Your bill will be based on monthly meter readings provided to XOOM by your local utility. If your local utility is unable to read your meter, your local utility will estimate your charges based on previous usage history, and later adjust it based on actual usage shown by a meter reading. XOOM shall make similar adjustments on your bill. If there is an error in your meter reading, XOOM will adjust its bill to you upon your local utility providing a corrected meter reading to XOOM. You may receive a single bill for both your natural gas and the delivery of such natural gas from either XOOM or your utility distribution company, or each may invoice you separately. Payment is due by the date set forth on the invoice. This Agreement is contingent upon a satisfactory credit review and maintenance of good creditcredit and may require a deposit. Based on the results of the credit check XOOM reserves the right to require a security deposit from you prior to providing electricity should XOOM find your credit is unsatisfactory. If XOOM holds your deposit longer than thirty (30) days, your deposit will accrue interest from the day it was received by XOOM at a rate in an amount equal to the average monthly share of the service for a 12-month service periodaccordance with applicable law. You represent that you are financially able and willing to fulfill the terms and conditions of service of this Agreement and that you have not filed, are not in the process of filing nor or do not plan to begin any bankruptcy proceedings. If accepted as a customer, XOOM may report The charge for XOOM’s purchases of electricity will be included on your payment experiencelocal utility bill and will be due on the date specified in your local utility bill. Bills XOOM’s charges not paid by their due date are subject to a late payment fee at the greater of the rate of 1.5%, or the maximum permitted by law, based on your total outstanding balance per month. XOOM will charge a $35 return check fee for all returned checks or the maximum allowed by lawchecks. XOOM may terminate this Agreement with thirty (30) days written notice for non-payment. XOOM may not physically cut off your commodity service and may suspend services under procedures approved electricity service, which will be provided by lawyour local utility. In all events, you shall remain obligated to pay for all natural gas electricity received by you and any interest, fees and penalties incurred by XOOM. You will also be responsible for all reasonable costs, including legal fees, associated with the collection of amounts owed to XOOM.

Cost Recovery Fee. You understand and agree that in order for XOOM to offer and fulfill its fixed rate obligation to you, it has to purchase natural gas in advance of usage in amounts needed to cover the full term of this Agreement. If you cancel this Agreement early, you will be responsible for paying a cost recovery fee (“Cost Recovery Fee”) of $50 which is intended not as a penalty, but simply to offset the cost of selling the unused portion of your natural gas to others and estimated lost revenue that XOOM may incur from such a sale, if any, and related expenses. It will take time for your local utility company to cancel your XOOM account. During that time you agree to pay for the natural gas you consume that is supplied by XOOM. Credit, Payment and Collection: Your bill will be based on monthly meter readings provided to XOOM by your local utility. If your local utility is unable to read your meter, your local utility will estimate your charges based on previous usage history, and later adjust it based on actual usage shown by a meter reading. XOOM shall make similar adjustments on your bill. If there is an error in your meter reading, XOOM will adjust its bill to you upon your local utility providing a corrected meter reading to XOOM. You may receive a single bill for both your natural gas and the delivery of such natural gas from either XOOM or your utility distribution company, or each may invoice you separately. Payment is due by the date set forth on the invoice. This Agreement is contingent upon a satisfactory credit review and maintenance of good credit. Based on the results of the credit check XOOM reserves the right to require a security deposit in an amount equal to the average monthly share of the service for a 1224-month service period. You represent that you are financially able and willing to fulfill the terms and conditions of this Agreement and that you have not filed, are not in the process of filing nor plan to begin any bankruptcy proceedings. If accepted as a customer, XOOM may report your payment experience. Bills not paid by their due date are subject to a late payment fee at the greater of the rate of 1.5%, or the maximum permitted by law, based on your total outstanding balance per month. XOOM will charge a $35 return check fee for all returned checks or the maximum allowed by law. XOOM may terminate your commodity service and may suspend services under procedures approved by law. In all events, you shall remain obligated to pay for all natural gas received by you and any interest, fees and penalties incurred by XOOM. You will also be responsible for all costs, including legal fees, associated with the collection of amounts owed to XOOM.

Cost Recovery Fee. You understand and agree that in order for XOOM to offer and fulfill its fixed rate obligation to you, it has to purchase natural gas electric power in advance of usage in amounts needed to cover the full term of this Agreement. If you cancel this Agreement early, you will be responsible for paying a cost recovery fee (“Cost Recovery Fee”) of $50 0 which is intended not as a penalty, but simply to offset the cost of selling the unused portion of your natural gas electricity to others and estimated lost revenue that XOOM may incur from such a sale, if any, and related expenses. It will take time for your local utility company to cancel your XOOM account. During that time you agree to pay for the natural gas you consume that is supplied by XOOM. Credit, Payment and Collection: Your bill will be based on monthly meter readings provided to XOOM by your local utility. If your local utility is unable to read your meter, your local utility will estimate your charges based on previous usage history, and later adjust it based on actual usage shown by a meter reading. XOOM shall make similar adjustments on your bill. If there is an error in your meter reading, XOOM will adjust its bill to you upon your local utility providing a corrected meter reading to XOOM. You may receive a single bill for both your natural gas and the delivery of such natural gas from either XOOM or your utility distribution company, or each may invoice you separately. Payment is due by the date set forth on the invoice. This Agreement is contingent upon a satisfactory credit review and maintenance of good creditcredit and may require a deposit. Based on the results of the credit check XOOM reserves the right to require a security deposit from you prior to providing electricity should XOOM find your credit is unsatisfactory. If XOOM holds your deposit longer than thirty (30) days, your deposit will accrue interest from the day it was received by XOOM at a rate in an amount equal to the average monthly share of the service for a 12-month service periodaccordance with applicable law. You represent that you are financially able and willing to fulfill the terms and conditions of service of this Agreement and that you have not filed, are not in the process of filing nor or do not plan to begin any bankruptcy proceedings. If accepted as a customer, XOOM may report The charge for XOOM’s purchases of electricity will be included on your payment experiencelocal utility bill and will be due on the date specified in your local utility bill. Bills XOOM’s charges not paid by their due date are subject to a late payment fee at the greater of the rate of 1.5%, or the maximum permitted by law, based on your total outstanding balance per month. XOOM will charge a $35 return check fee for all returned checks or the maximum allowed by lawchecks. XOOM may terminate this Agreement with thirty (30) days written notice for non-payment. XOOM may not physically cut off your commodity service and may suspend services under procedures approved electricity service, which will be provided by lawyour local utility. In all events, you shall remain obligated to pay for all natural gas electricity received by you and any interest, fees and penalties incurred by XOOM. You will also be responsible for all reasonable costs, including legal fees, associated with the collection of amounts owed to XOOM.

Cost Recovery Fee. You understand and agree that in order for XOOM to offer and fulfill its fixed rate obligation to you, it has to purchase natural gas electric power in advance of usage in amounts needed to cover the full term of this Agreement. If you cancel this Agreement early, you will be responsible for paying a cost recovery fee (“Cost Recovery Fee”) of $50 500 which is intended not as a penalty, but simply to offset the cost of selling the unused portion of your natural gas electricity to others and estimated lost revenue that XOOM may incur from such a sale, if any, and related expenses. It will take time for your local utility company to cancel your XOOM account. During that time you agree to pay for the natural gas you consume that is supplied by XOOM. Credit, Payment and Collection: Your bill will be based on monthly meter readings provided to XOOM by your local utility. If your local utility is unable to read your meter, your local utility will estimate your charges based on previous usage history, and later adjust it based on actual usage shown by a meter reading. XOOM shall make similar adjustments on your bill. If there is an error in your meter reading, XOOM will adjust its bill to you upon your local utility providing a corrected meter reading to XOOM. You may receive a single bill for both your natural gas and the delivery of such natural gas from either XOOM or your utility distribution company, or each may invoice you separately. Payment is due by the date set forth on the invoice. This Agreement is contingent upon a satisfactory credit review and maintenance of good creditcredit and may require a deposit. Based on the results of the credit check XOOM reserves the right to require a security deposit from you prior to providing electricity should XOOM find your credit is unsatisfactory. If XOOM holds your deposit longer than thirty (30) days, your deposit will accrue interest from the day it was received by XOOM at a rate in an amount equal to the average monthly share of the service for a 12-month service periodaccordance with applicable law. You represent that you are financially able and willing to fulfill the terms and conditions of service of this Agreement and that you have not filed, are not in the process of filing nor or do not plan to begin any bankruptcy proceedings. If accepted as a customer, XOOM may report The charge for XOOM’s purchases of electricity will be included on your payment experiencelocal utility bill and will be due on the date specified in your local utility bill. Bills XOOM’s charges not paid by their due date are subject to a late payment fee at the greater of the rate of 1.5%, or the maximum permitted by law, based on your total outstanding balance per month. XOOM will charge a $35 return check fee for all returned checks or the maximum allowed by lawchecks. XOOM may terminate this Agreement with thirty (30) days written notice for non-payment. XOOM may not physically cut off your commodity service and may suspend services under procedures approved electricity service, which will be provided by lawyour local utility. In all events, you shall remain obligated to pay for all natural gas electricity received by you and any interest, fees and penalties incurred by XOOM. You will also be responsible for all reasonable costs, including legal fees, associated with the collection of amounts owed to XOOM.

Cost Recovery Fee. You understand and agree that in order for XOOM to offer and fulfill its fixed rate obligation to you, it has to purchase natural gas in advance of usage in amounts needed to cover the full term of this Agreement. If you cancel this Agreement early, you will be responsible for paying a cost recovery fee (“Cost Recovery Fee”) of $50 25 which is intended not as a penalty, but simply to offset the cost of selling the unused portion of your natural gas to others and estimated lost revenue that XOOM may incur from such a sale, if any, and related expenses. It will take time for your local utility company to cancel your XOOM account. During that time you agree to pay for the natural gas you consume that is supplied by XOOM. Credit, Payment and Collection: Your bill will be based on monthly meter readings provided to XOOM by your local utility. If your local utility is unable to read your meter, your local utility will estimate your charges based on previous usage history, and later adjust it based on actual usage shown by a meter reading. XOOM shall make similar adjustments on your bill. If there is an error in your meter reading, XOOM will adjust its bill to you upon your local utility providing a corrected meter reading to XOOM. You may receive a single bill for both your natural gas and the delivery of such natural gas from either XOOM or your utility distribution company, or each may invoice you separately. Payment is due by the date set forth on the invoice. This Agreement is contingent upon a satisfactory credit review and maintenance of good credit. Based on the results of the credit check XOOM reserves the right to require a security deposit in an amount equal to the average monthly share of the service for a 124-month service period. You represent that you are financially able and willing to fulfill the terms and conditions of this Agreement and that you have not filed, are not in the process of filing nor plan to begin any bankruptcy proceedings. If accepted as a customer, XOOM may report your payment experience. Bills not paid by their due date are subject to a late payment fee at the greater of the rate of 1.5%, or the maximum permitted by law, based on your total outstanding balance per month. XOOM will charge a $35 return check fee for all returned checks or the maximum allowed by law. XOOM may terminate your commodity service and may suspend services under procedures approved by law. In all events, you shall remain obligated to pay for all natural gas received by you and any interest, fees and penalties incurred by XOOM. You will also be responsible for all costs, including legal fees, associated with the collection of amounts owed to XOOM.

Cost Recovery Fee. You understand and agree that in order for XOOM to offer and fulfill its fixed rate obligation to you, it has to purchase natural gas in advance of usage in amounts needed to cover the full term of this Agreement. If you cancel this Agreement early, you will be responsible for paying a cost recovery fee (“Cost Recovery Fee”) which will be equal to or the greater of $50 which 400, or the amount of gas you failed to consume during the remainder of your Term, calculated on the basis of your previous consumption, multiplied by the excess, if any, between your Fixed Price and the price XOOM can sell such gas for at the time of termination. The Cost Recovery Fee is intended not as a penalty, but simply to offset the cost of selling the unused portion of your natural gas to others and estimated lost revenue that XOOM may incur from such a sale, if any, and related expenses. It will take time for your local utility company to cancel your XOOM account. During that time you agree to pay for the natural gas you consume that is supplied by XOOM. Credit, Payment and Collection: Your bill will be based on monthly meter readings provided to XOOM by your local utility. If your local utility is unable to read your meter, your local utility will estimate your charges based on previous usage history, and later adjust it based on actual usage shown by a meter reading. XOOM shall make similar adjustments on your bill. If there is an error in your meter reading, XOOM will adjust its bill to you upon your local utility providing a corrected meter reading to XOOM. You may receive a single bill for both your natural gas and the delivery of such natural gas from either XOOM or your utility distribution company, or each may invoice you separately. Payment is due by the date set forth on the invoice. This Agreement is contingent upon a satisfactory credit review and maintenance of good credit. Based on the results of the credit check XOOM reserves the right to require a security deposit in an amount equal to the average monthly share of the service for a 12-month service period. You represent that you are financially able and willing to fulfill the terms and conditions of this Agreement and that you have not filed, are not in the process of filing nor or plan to begin any bankruptcy proceedings. If accepted as a customer, XOOM may report your payment experience. Bills not paid by their due date are subject to a late payment fee at the greater of the rate of 1.5%, or the maximum permitted by law, based on your total outstanding balance per month. XOOM will charge a $35 return check fee for all returned checks or the maximum allowed by lawchecks. XOOM may terminate your commodity service and may suspend services under procedures approved by lawthis Agreement with ten (10) days written notice for non- payment. In all events, you shall remain obligated to pay for all natural gas received by you and any interest, fees and penalties incurred by XOOM. You will also be responsible for all costs, including legal fees, associated with the collection of amounts owed to XOOM.

Cost Recovery Fee. You understand and agree that in order for XOOM to offer and fulfill its fixed rate obligation to you, it has to purchase natural gas in advance of usage in amounts needed to cover the full term of this Agreement. If you cancel this Agreement early, you will be responsible for paying a cost recovery fee (“Cost Recovery Fee”) of $50 75 which is intended not as a penalty, but simply to offset the cost of selling the unused portion of your natural gas to others and estimated lost revenue that XOOM may incur from such a sale, if any, and related expenses. It will take time for your local utility company to cancel your XOOM account. During that time you agree to pay for the natural gas you consume that is supplied by XOOM. Credit, Payment and Collection: Your bill will be based on monthly meter readings provided to XOOM by your local utility. If your local utility is unable to read your meter, your local utility will estimate your charges based on previous usage history, and later adjust it based on actual usage shown by a meter reading. XOOM shall make similar adjustments on your bill. If there is an error in your meter reading, XOOM will adjust its bill to you upon your local utility providing a corrected meter reading to XOOM. You may receive a single bill for both your natural gas and the delivery of such natural gas from either XOOM or your utility distribution company, or each may invoice you separately. Payment is due by the date set forth on the invoice. This Agreement is contingent upon a satisfactory credit review and maintenance of good credit. Based on the results of the credit check XOOM reserves the right to require a security deposit in an amount equal to the average monthly share of the service for a 12-month service period. You represent that you are financially able and willing to fulfill the terms and conditions of this Agreement and that you have not filed, are not in the process of filing nor plan to begin any bankruptcy proceedings. If accepted as a customer, XOOM may report your payment experience. Bills not paid by their due date are subject to a late payment fee at the greater of the rate of 1.5%, or the maximum permitted by law, based on your total outstanding balance per month. XOOM will charge a $35 return check fee for all returned checks or the maximum allowed by law. XOOM may terminate your commodity service and may suspend services under procedures approved by law. In all events, you shall remain obligated to pay for all natural gas received by you and any interest, fees and penalties incurred by XOOM. You will also be responsible for all costs, including legal fees, associated with the collection of amounts owed to XOOM.

Cost Recovery Fee. You understand and agree that in order for XOOM to offer and fulfill its fixed rate obligation to you, it has to purchase natural gas in advance of usage in amounts needed to cover the full term of this Agreement. If you cancel this Agreement early, you will be responsible for paying a cost recovery fee (“Cost Recovery Fee”) which will be equal to or the greater of $50 which 400, or the amount of gas you failed to consume during the remainder of your Term, calculated on the basis of your previous consumption, multiplied by the excess, if any, between your Fixed Price and the price XOOM can sell such gas for at the time of termination. The Cost Recovery Fee is intended not as a penalty, but simply to offset the cost of selling the unused portion of your natural gas to others and estimated lost revenue that XOOM may incur from such a sale, if any, and related expenses. It will take time for your local utility company to cancel your XOOM account. During that time you agree to pay for the natural gas you consume that is supplied by XOOM. Credit, Payment and Collection: :Your bill will be based on monthly meter readings provided to XOOM by your local utility. If your local utility is unable to read your meter, your local utility will estimate your charges based on previous usage history, and later adjust it based on actual usage shown by a meter reading. XOOM shall make similar adjustments on your bill. If there is an error in your meter reading, XOOM will adjust its bill to you upon your local utility providing a corrected meter reading to XOOM. You may receive a single bill for both your natural gas and the delivery of such natural gas from either XOOM or your utility distribution company, or each may invoice you separately. Payment is due by the date set forth on the invoice. This Agreement is contingent upon a satisfactory credit review and maintenance of good credit. Based on the results of the credit check XOOM reserves the right to require a security deposit in an amount equal to the average monthly share of the service for a 12-month service period. You represent that you are financially able and willing to fulfill the terms and conditions of this Agreement and that you have not filed, are not in the process of filing nor or plan to begin any bankruptcy proceedings. If accepted as a customer, XOOM may report your payment experience. Bills not paid by their due date are subject to a late payment fee at the greater of the rate of 1.5%, or the maximum permitted by law, based on your total outstanding balance per month. XOOM will charge a $35 return check fee for all returned checks or the maximum allowed by lawchecks. XOOM may terminate your commodity service and may suspend services under procedures approved by lawthis agreement with ten (10) days written notice for non- payment. In all events, you shall remain obligated to pay for all natural gas received by you and any interest, fees and penalties incurred by XOOM. You will also be responsible for all costs, including legal fees, associated with the collection of amounts owed to XOOM.

Cost Recovery Fee. You understand and agree that in order for XOOM to offer and fulfill its fixed rate obligation to you, it has to purchase natural gas in advance of usage in amounts needed to cover the full term of this Agreement. If you cancel this Agreement early, you will be responsible for paying a cost recovery fee (“Cost Recovery Fee”) of $50 150 which is intended not as a penalty, but simply to offset the cost of selling the unused portion of your natural gas to others and estimated lost revenue that XOOM may incur from such a sale, if any, and related expenses. It will take time for your local utility company to cancel your XOOM account. During that time you agree to pay for the natural gas you consume that is supplied by XOOM. Credit, Payment and Collection: Your bill will be based on monthly meter readings provided to XOOM by your local utility. If your local utility is unable to read your meter, your local utility will estimate your charges based on previous usage history, and later adjust it based on actual usage shown by a meter reading. XOOM shall make similar adjustments on your bill. If there is an error in your meter reading, XOOM will adjust its bill to you upon your local utility providing a corrected meter reading to XOOM. You may receive a single bill for both your natural gas and the delivery of such natural gas from either XOOM or your utility distribution company, or each may invoice you separately. Payment is due by the date set forth on the invoice. This Agreement is contingent upon a satisfactory credit review and maintenance of good credit. Based on the results of the credit check XOOM reserves the right to require a security deposit in an amount equal to the average monthly share of the service for a 1224-month service period. You represent that you are financially able and willing to fulfill the terms and conditions of this Agreement and that you have not filed, are not in the process of filing nor plan to begin any bankruptcy proceedings. If accepted as a customer, XOOM may report your payment experience. Bills not paid by their due date are subject to a late payment fee at the greater of the rate of 1.5%, or the maximum permitted by law, based on your total outstanding balance per month. XOOM will charge a $35 return check fee for all returned checks or the maximum allowed by law. XOOM may terminate your commodity service and may suspend services under procedures approved by law. In all events, you shall remain obligated to pay for all natural gas received by you and any interest, fees and penalties incurred by XOOM. You will also be responsible for all costs, including legal fees, associated with the collection of amounts owed to XOOM.

Cost Recovery Fee. You understand and agree that in order for XOOM to offer and fulfill its fixed rate obligation to you, it has to purchase natural gas in advance of usage in amounts needed to cover the full term of this Agreement. If you cancel this Agreement early, you will be responsible for paying a cost recovery fee (“Cost Recovery Fee”) of $50 which is intended not as a penalty, but simply to offset the cost of selling the unused portion of your natural gas to others and estimated lost revenue that XOOM may incur from such a sale, if any, and related expenses. It will take time for your local utility company to cancel your XOOM account. During that time you agree to pay for the natural gas you consume that is supplied by XOOM. Credit, Payment and Collection: Your bill will be based on monthly meter readings provided to XOOM by your local utility. If your local utility is unable to read your meter, your local utility will estimate your charges based on previous usage history, and later adjust it based on actual usage shown by a meter reading. XOOM shall make similar adjustments on your bill. If there is an error in your meter reading, XOOM will adjust its bill to you upon your local utility providing a corrected meter reading to XOOM. You may receive a single bill for both your natural gas and the delivery of such natural gas from either XOOM or your utility distribution company, or each may invoice you separately. Payment is due by the date set forth on the invoice. This Agreement is contingent upon a satisfactory credit review and maintenance of good credit. Based on the results of the credit check XOOM reserves the right to require a security deposit in an amount equal to the average monthly share of the service for a 124-month service period. You represent that you are financially able and willing to fulfill the terms and conditions of this Agreement and that you have not filed, are not in the process of filing nor plan to begin any bankruptcy proceedings. If accepted as a customer, XOOM may report your payment experience. Bills not paid by their due date are subject to a late payment fee at the greater of the rate of 1.5%, or the maximum permitted by law, based on your total outstanding balance per month. XOOM will charge a $35 return check fee for all returned checks or the maximum allowed by law. XOOM may terminate your commodity service and may suspend services under procedures approved by law. In all events, you shall remain obligated to pay for all natural gas received by you and any interest, fees and penalties incurred by XOOM. You will also be responsible for all costs, including legal fees, associated with the collection of amounts owed to XOOM.