Common use of Early Termination of Services Clause in Contracts

Early Termination of Services. Termination at any time upon thirty (30) days’ prior written notice; provided, however, that the Services set forth in this Schedule may be terminated with respect to a particular country without such Services being terminated with respect to any other country. Notwithstanding the second sentence of Section 4(b) of the Agreement, individual Services within this Schedule may be terminated on a per country basis without all other Services being simultaneously terminated. Following the written notice period and coinciding with the early termination by the Recipient of any Service(s) in this Schedule, Early Termination Fees equal to 75% of the monthly cost of such terminated Services shall be charged to Recipient monthly until the earlier of (i) one (1) month after termination or (ii) the expiration of the Term of this Schedule.

Appears in 3 contracts

Samples: Transitional Services Agreement (Mead Johnson Nutrition Co), Transitional Services Agreement (Mead Johnson Nutrition Co), Transitional Services Agreement (Mead Johnson Nutrition Co)

AutoNDA by SimpleDocs

Early Termination of Services. Termination at any time upon thirty (30) 90 days’ prior written notice; provided, however, that the Services set forth in this Schedule may be terminated with respect to a particular country without such Services being terminated with respect to any other countryexcluding Fleet Vehicle Leases Services. Notwithstanding the second sentence of Section 4(b) of the Agreement, individual Services within this Schedule may be terminated on a per country basis without all other Services being simultaneously terminated. Following In addition to the written notice period and coinciding with Recipient’s ongoing obligation to pay all lease costs (such as termination fees and/or lease payments) for Apartment Leases or Fleet Vehicle Leases Services, upon the early termination by the Recipient of any Service(s) in this Schedule, Early Termination Fees equal to 75% of the monthly cost of such terminated Services shall be charged to Recipient monthly until the earlier of (i) one three (13) month months after termination or (ii) the expiration of the Term of this Schedule.. Recipient: MJN Provider: BMS

Appears in 3 contracts

Samples: Transitional Services Agreement (Mead Johnson Nutrition Co), Transitional Services Agreement (Mead Johnson Nutrition Co), Transitional Services Agreement (Mead Johnson Nutrition Co)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!