Common use of Early Termination or Cancellation Clause in Contracts

Early Termination or Cancellation. In the event of termination of Daxko Payment Services (“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 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 DPS, 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 DPS or who terminate DPS prior to the expiration to the expiration of the Agreement are subject to alterative pricing.

Early Termination or Cancellation. In the event of termination of Daxko Gains Payment Services Processing (“DPS”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 DPS 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 DPSGains, 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 DPS Gains or who terminate DPS Gains prior to the expiration to the expiration of the Agreement are subject to alterative alternative pricing.

Early Termination or Cancellation. In the event of termination of Daxko Gains Payment Services Processing (“DPS”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 DPS 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 DPSGains, 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 DPS Gains or who terminate DPS Gains prior to the expiration to the expiration of the Agreement are subject to alterative alternative pricing.. t