Common use of Early Termination Penalty Clause in Contracts

Early Termination Penalty. Initial: If Customer terminates Service Agreement prior to the end of the Commitment Term stated herein (“Early Termination”), Customer shall be charged penalty and agrees to pay Two-Hundred Forty Dollars ($240) (“Early Termination Penalty”). Early Termination Penalty will decrease by $10 per month until Contract Term is completed. This Service Agreement is binding for the bundles/services listed on this form. If Customer changes to another Bundle, a new Service Agreement will be required. Continuation: Upon expiration of the Commitment Term of this Service Agreement, provided Customer maintains continuous service with ETC, Customer shall remain enrolled in this Service Agreement on a monthly basis at ETC’s current monthly rate(s) for such services.

Appears in 2 contracts

Samples: Etc Bundles Service Agreement, Service Agreement

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Early Termination Penalty. Initial: If Customer terminates Service Agreement prior to the end of the Commitment Term stated herein (“Early Termination”), Customer shall be charged penalty and agrees to pay Two-Hundred Forty Dollars ($240200) (“Early Termination Penalty”). Early Termination Penalty will decrease by $10 8.33 per month until Contract Term is completed. This Service Agreement is binding for the bundles/services listed on this form. If Customer changes to another Bundle, a new Service Agreement will be required. Continuation: Initial: Upon expiration of the Commitment Term of this Service Agreement, provided Customer maintains continuous service with ETC, Customer shall remain enrolled in this Service Agreement on a monthly basis at ETC’s current monthly rate(s) for such services.

Appears in 1 contract

Samples: Service Agreement

Early Termination Penalty. Initial: If Customer terminates Service Agreement prior to the end of the Commitment Term stated herein (“Early Termination”), Customer shall be charged penalty and agrees to pay Two-Hundred Forty Dollars ($240) (“Early Termination Penalty”). Early Termination Penalty will decrease by $10 per month until Contract Term is completed. This Service Agreement is binding for the bundles/services listed on this form. If Customer changes to another Bundle, a new Service Agreement will be required. Continuation: Initial: Upon expiration of the Commitment Term of this Service Agreement, provided Customer maintains continuous service with ETC, Customer shall remain enrolled in this Service Agreement on a monthly basis at ETC’s current monthly rate(s) for such services.

Appears in 1 contract

Samples: Service Agreement

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Early Termination Penalty. Initial: If Customer terminates Service Agreement prior to the end of the Commitment Term stated herein (“Early Termination”), Customer shall be charged penalty and agrees to pay TwoOne-Hundred Forty Twenty Dollars ($240120) (“Early Termination Penalty”). Early Termination Penalty will decrease by $10 per month until Contract Term is completed. This Service Agreement is binding for the bundles/services listed on this form. If Customer changes to another Bundle, a new Service Agreement will be required. Continuation: Upon expiration of the Commitment Term of this Service Agreement, provided Customer maintains continuous service with ETC, Customer shall remain enrolled in this Service Agreement on a monthly basis at ETC’s current monthly rate(s) for such services.

Appears in 1 contract

Samples: Service Agreement

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