Common use of Elective Termination Clause in Contracts

Elective Termination. Customer acknowledges, agrees and covenants that Customer is responsible for full payment of the services for the entire Term regardless of the portion of the services actually consumed. Customer may at its option, terminate any Service Order Form by submitting to UnitedLayer at xxxxxxx@xxxxxxxxxxx.xxx sixty (60) days prior written notice of termination of such Service Order Form and payment to UnitedLayer, by way of liquidated damages and not a penalty, of an amount equal to the aggregate MRC that would have been paid over the remainder of the then term (as the same may have been extended under Section 6.1) for such Service Order Form. (e.g. if Customer terminates a Service Order Form fourteen months into a two year term for any reason other than an Event of Default by UnitedLayer, Customer shall pay to UnitedLayer a termination fee equal to the balance of all MRC for the remaining 10 months of the term).

Elective Termination. Customer acknowledges, agrees agrees, and covenants that Customer is responsible for full payment of the services for the entire Term regardless of the portion of the services actually consumed. Customer may at its option, terminate any Service Order Form by submitting to UnitedLayer at xxxxxxx@xxxxxxxxxxx.xxx sixty (60) days prior written notice of termination of such Service Order Form and payment to UnitedLayer, by way of liquidated damages and not a penalty, of an amount equal to the aggregate MRC that would have been paid over the remainder of the then term (as the same may have been extended under Section 6.1) for such Service Order Form. (e.g. e.g., if Customer terminates a Service Order Form fourteen months into a two two-year term for any reason other than an Event of Default by UnitedLayer, Customer shall pay to UnitedLayer a termination fee equal to the balance of all MRC for the remaining 10 months of the term).

Elective Termination. Customer acknowledges, agrees and covenants that Customer is responsible for full payment of the services for the entire Term regardless of the portion of the services actually consumed. Customer may at its option, terminate any Service Order Form by submitting to UnitedLayer at xxxxxxx@xxxxxxxxxxx.xxx Terms and Conditions - -2012-v9 sixty (60) days prior written notice of termination of such Service Order Form and payment to UnitedLayer, by way of liquidated damages and not a penalty, of an amount equal to the aggregate MRC that would have been paid over the remainder of the then term (as the same may have been extended under Section 6.1) for such Service Order Form. (e.g. if Customer terminates a Service Order Form fourteen months into a two year term for any reason other than an Event of Default by UnitedLayer, Customer shall pay to UnitedLayer a termination fee equal to the balance of all MRC for the remaining 10 months of the term).

Elective Termination. Customer acknowledges, agrees agrees, and covenants that Customer is responsible for full payment of the services for the entire Term regardless of the portion of the services actually consumed. Customer may at its option, terminate any Service Order Form by submitting it to UnitedLayer United Private Cloud at xxxxxxx@xxxxxxxxxxx.xxx sixty (60) days prior written notice of termination of such Service Order Form and payment to UnitedLayerUnited Private Cloud, by way of liquidated damages and not a penalty, of an amount equal to the aggregate MRC that would have been paid over the remainder of the then term (as the same may have been extended under Section 6.1) for such Service Order Form. (e.g. if Customer terminates a Service Order Form fourteen months into a two two-year term for any reason other than an Event of Default by UnitedLayerUnited Private Cloud, Customer shall pay to UnitedLayer United Private Cloud a termination fee equal to the balance of all MRC for the remaining 10 months of the term).

Elective Termination. Customer acknowledges, agrees and covenants that Customer is responsible for full payment of the services for the entire Term regardless of the portion of the services actually consumed. Customer may at its option, terminate any Service Order Form by submitting to UnitedLayer UnitedPrivateCloud at xxxxxxx@xxxxxxxxxxx.xxx xxxxxxx@XxxxxxXxxxxxxXxxxx.xxx sixty (60) days prior written notice of termination of such Service Order Form and payment to UnitedLayerUnitedPrivateCloud, by way of liquidated damages and not a penalty, of an amount equal to the aggregate MRC that would have been paid over the remainder of the then term (as the same may have been extended under Section 6.1) for such Service Order Form. (e.g. if Customer terminates a Service Order Form fourteen months into a two two-year term for any reason other than an Event of Default by UnitedLayerUnitedPrivateCloud, Customer shall pay to UnitedLayer UnitedPrivateCloud a termination fee equal to the balance of all MRC for the remaining 10 months of the term).