Common use of Early Termination Cost Recovery Fee Clause in Contracts

Early Termination Cost Recovery Fee. You understand and agree that in order for XOOM Energy 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 $110 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 Energy may incur from such a sale, if any, and related expenses. After the initial contract term of (12) months, you may choose a different product from XOOM, an alternative supplier, or return to the supplier of last resort.

Appears in 34 contracts

Samples: Surelock 12 Terms and Conditions, Natural Gas Supply Agreement, Surelock 12 Terms and Conditions

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Early Termination Cost Recovery Fee. You understand and agree that in order for XOOM Energy 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 $110 500 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 Energy may incur from such a sale, if any, and related expenses. After the initial contract term of (12) months, you may choose a different product from XOOM, an alternative supplier, or return to the supplier of last resort.

Appears in 14 contracts

Samples: Natural Gas Supply Agreement, Natural Gas Supply Agreement, Natural Gas Supply Agreement

Early Termination Cost Recovery Fee. You understand and agree that in order for XOOM Energy 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 $110 200 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 Energy may incur from such a sale, if any, and related expenses. After the initial contract term of (1224) months, you may choose a different product from XOOM, an alternative supplier, or return to the supplier of last resort.

Appears in 9 contracts

Samples: Natural Gas Supply Agreement, Natural Gas Supply Agreement, Surelock 24 Agreement

Early Termination Cost Recovery Fee. You understand and agree that in order for XOOM Energy 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 $110 1,000 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 Energy may incur from such a sale, if any, and related expenses. After the initial contract term of (1224) months, you may choose a different product from XOOM, an alternative supplier, or return to the supplier of last resort.

Appears in 8 contracts

Samples: Natural Gas Supply Agreement, Natural Gas Supply Agreement, Natural Gas Supply Agreement

Early Termination Cost Recovery Fee. You understand and agree that in order for XOOM Energy 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 $110 150 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 Energy may incur from such a sale, if any, and related expenses. After the initial contract term of (12) months, you may choose a different product from XOOM, an alternative supplier, or return to the supplier of last resort.

Appears in 2 contracts

Samples: Natural Gas Supply Agreement, Natural Gas Supply Agreement

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Early Termination Cost Recovery Fee. You understand and agree that in order for XOOM Energy 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 $110 220 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 Energy may incur from such a sale, if any, and related expenses. After the initial contract term of (1224) months, you may choose a different product from XOOM, an alternative supplier, or return to the supplier of last resort.

Appears in 1 contract

Samples: Surelock 24 Agreement

Early Termination Cost Recovery Fee. You understand and agree that in order for XOOM Energy 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 $110 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 Energy may incur from such a sale, if any, and related expenses. After the initial contract term of (124) months, you may choose a different product from XOOM, an alternative supplier, or return to the supplier of last resort.

Appears in 1 contract

Samples: Surelock 4 Agreement

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