Common use of Early Termination or Cancellation Clause in Contracts

Early Termination or Cancellation. In the event of termination of Gains Payment Processing (Gains) prior to the expiration of the Term of the Agreement ("Early Termination”), Customer agrees to pay the Early Termination Fees equivalent to annual recurring revenue calculated as of the Effective Date of Customer's most recent Order Form multiplied by the basis points listed for Customer's Gains service in addition to exit data fees, detokenization fees, and other fees and costs, all payable at the then-existing rate. In the event of cancellation of Gains, either early or at the end of the term, Customer agrees to pay exit data fees, detokenization fees, and other fees and costs, all payable at the then-existing rate. Customers that do not launch Gains or who terminate Gains prior to the expiration of the Agreement are subject to alternative pricing.

Appears in 3 contracts

Samples: Entire Agreement, assets-global.website-files.com, uploads-ssl.webflow.com

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Early Termination or Cancellation. In the event of termination of Gains Daxko Payment Processing Services (Gains“DPS”) prior to the expiration of the Term of the Agreement ("Early Termination”), Customer agrees to pay the Early Termination Fees equivalent to annual recurring revenue calculated as of the Effective Date of Customer's most recent Order Form multiplied by the basis points listed for Customer's Gains DPS service in addition to exit data fees, detokenization fees, and other fees and costs, all payable at the then-existing rate. In the event of cancellation of GainsDPS, either early or at the end of the term, Customer agrees to pay exit data fees, detokenization fees, and other fees and costs, all payable at the then-existing rate. Customers that do not launch Gains DPS or who terminate Gains DPS prior to the expiration to the expiration of the Agreement are subject to alternative alterative pricing.

Appears in 3 contracts

Samples: uploads-ssl.webflow.com, uploads-ssl.webflow.com, uploads-ssl.webflow.com

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Early Termination or Cancellation. In the event of termination of Gains Payment Processing (Gains) prior to the expiration of the Term of the Agreement ("Early Termination”), Customer agrees to pay the Early Termination Fees equivalent to annual recurring revenue calculated as of the Effective Date of Customer's most recent Order Form multiplied by the basis points listed for Customer's Gains service in addition to exit data fees, detokenization fees, and other fees and costs, all payable at the then-existing rate. In the event of cancellation of Gains, either early or at the end of the term, Customer agrees to pay exit data fees, detokenization fees, and other fees and costs, all payable at the then-existing rate. Customers that do not launch Gains or who terminate Gains prior to the expiration of the Agreement are subject to alternative pricing.. t

Appears in 1 contract

Samples: uploads-ssl.webflow.com

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