Common use of Fees for Termination without Cause during Initial Term Clause in Contracts

Fees for Termination without Cause during Initial Term. If you terminate this Agreement during the initial term for any reason other than cause, Force Majeure, or lack of appropriations, or if we terminate this Agreement during the initial term for your failure to pay SaaS Fees, you shall pay us the following early termination fees: a. if you terminate during the first year of the initial term, 100% of the SaaS Fees through the date of termination plus 25% of the SaaS Fees then due for the remainder of the initial term; b. if you terminate during the second year of the initial term, 100% of the SaaS Fees through the date of termination plus 15% of the SaaS Fees then due for the remainder of the initial term; and c. if you terminate after the second year of the initial term, 100% of the SaaS Fees through the date of termination plus 10% of the SaaS Fees then due for the remainder of the initial term.

Appears in 16 contracts

Samples: Software as a Service Agreement, Software as a Service Agreement, Software as a Service Agreement

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Fees for Termination without Cause during Initial Term. If you terminate this Agreement during the initial term for any reason other than cause, Force Majeure, or lack of appropriations, or if we terminate this Agreement during the initial term for your failure to pay SaaS Fees, you shall pay us the following early termination fees: a. if you terminate during the first year of the initial term, 100% of the SaaS Fees through the date of termination plus 2515% of the SaaS Fees then due for the remainder of the initial term; b. if you terminate during the second year of the initial term, 100% of the SaaS Fees through the date of termination plus 1510% of the SaaS Fees then due for the remainder of the initial term; and c. if you terminate after the second year of the initial term, 100% of the SaaS Fees through the date of termination plus 105% of the SaaS Fees then due for the remainder of the initial term.

Appears in 6 contracts

Samples: Software as a Service Agreement, Software as a Service Agreement, Software as a Service Agreement

Fees for Termination without Cause during Initial Term. If you terminate this Agreement the Agreement, as amended by the Second Amendment, during the initial term for any reason other than cause, Service Availability as described in Section H.2.3, Force Majeure, or lack of appropriations, or if we terminate this the Agreement during the initial term for your failure to pay SaaS Fees, you shall pay us the following early termination fees: a. if you terminate during the first year of the initial term, 100% of the SaaS Fees through the date of termination plus 25% of the SaaS Fees then due for the remainder of the initial term; b. if you terminate during the second year of the initial term, 100% of the SaaS Fees through the date of termination plus 15% of the SaaS Fees then due for the remainder of the initial term; and c. if you terminate after the second year of the initial term, 100% of the SaaS Fees through the date of termination plus 10% of the SaaS Fees then due for the remainder of the initial term.

Appears in 1 contract

Samples: Software License and Service Agreement

Fees for Termination without Cause during Initial Term. If you terminate this Agreement during the initial term for any reason other than cause, Force Majeure, or lack of appropriations, or if we terminate this Agreement during the initial term for your failure to pay SaaS Fees, you shall pay us the following early termination fees: a. if you terminate during the first year of the initial termterm without cause, 100% of the SaaS Fees through the date of termination plus 25% of the SaaS Fees then due for the remainder of the initial term; b. if If you terminate during the second year of the initial term, 100% of the SaaS Saas Fees through the date of termination plus 15% of the SaaS Saas Fees then due for the remainder of the initial term; and c. if If you terminate after the second year of the initial term, 100% of the SaaS Saas Fees through the date of termination plus 10% of the SaaS Saas Fees then due for the remainder of the initial term.

Appears in 1 contract

Samples: Executime Contract Agreement

Fees for Termination without Cause during Initial Term. If you terminate this Agreement during the initial term Initial Term for any reason other than cause, Force Majeure, or lack of appropriations, or if we terminate this Agreement during the initial term Initial Term for your failure to pay SaaS Fees, you shall pay us the following early termination fees: a. if you terminate during the first year of the initial term, 100% of the SaaS Fees through the date of termination plus 25% of the SaaS Fees then due for the remainder of the initial term; b. if you terminate during the second year of the initial termInitial Term, 100% of the SaaS Fees through the date of termination plus 15% of the SaaS Fees then due for the remainder of the initial term; andInitial Term; c. b. if you terminate after during the second year of the initial termInitial Term, 100% of the SaaS Fees through the date of termination plus 10% of the SaaS Fees then due for the remainder of the initial termInitial Term; and c. if you terminate after the second year of the Initial Term, 100% of the SaaS Fees through the date of termination plus 5% of the SaaS Fees then due for the remainder of the Initial Term.

Appears in 1 contract

Samples: Software as a Service Agreement

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Fees for Termination without Cause during Initial Term. If you terminate this Agreement during the initial term Initial Term for any reason other than cause, Force Majeure, or lack of appropriations, or if we terminate this Agreement during the initial term Initial Term for your failure to pay SaaS Fees, you shall pay us the following early termination fees: a. if you terminate during the first year of the initial termInitial Term, 100% of the SaaS Fees through the date of termination plus 25% of the SaaS Fees then due for the remainder of the initial termInitial Term; b. if you terminate during the second year of the initial termInitial Term, 100% of the SaaS Fees through the date of termination plus 15% of the SaaS Fees then due for the remainder of the initial termInitial Term; and c. if you terminate after the second year of the initial termInitial Term, 100% of the SaaS Fees through the date of termination plus 10% of the SaaS Fees then due for the remainder of the initial termInitial Term.

Appears in 1 contract

Samples: Software as a Service Agreement

Fees for Termination without Cause during Initial Term. If you terminate the Client terminates this Agreement during the initial term for any reason other than cause, Force Majeure, or lack of appropriations, or if we terminate the Contractor terminates this Agreement during the initial term for your the Client’s failure to pay SaaS Fees, you the Client shall pay us the Contractor the following early termination fees: a. 1. if you terminate the Client terminates during the first year of the initial term, 100% of the SaaS Fees through the date of termination plus 25% of the SaaS Fees then due for the remainder of the initial term; b. 2. if you terminate the Client terminates during the second year of the initial term, 100% of the SaaS Fees through the date of termination plus 15% of the SaaS Fees then due for the remainder of the initial term; and c. 3. if you terminate the Client terminates after the second year of the initial term, 100% of the SaaS Fees through the date of termination plus 10% of the SaaS Fees then due for the remainder of the initial term.

Appears in 1 contract

Samples: Piggyback Rider Agreement

Fees for Termination without Cause during Initial Term. If you terminate this Agreement during the initial term for any reason other than cause, Force Majeure, or lack of appropriations, or if we terminate this Agreement during the initial term for your failure to pay SaaS Fees, you shall pay us the following early termination fees: a. if you terminate during the first year of the initial term, 100% of the SaaS Fees through the date of termination plus 25% of the SaaS Fees then due for the remainder of the initial term; b. if you terminate during the second year of the initial term, 100% of the SaaS Fees through the date of termination plus 15% of the SaaS Fees then due for the remainder of the initial term; and c. if you terminate after the second year of the initial term, 100% of the SaaS Fees through the date of termination plus 10210% of the SaaS Fees then due for the remainder of the initial term.

Appears in 1 contract

Samples: Software as a Service Agreement

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