Common use of Premature Termination Clause in Contracts

Premature Termination. MIDOCS will use reasonable efforts to assist Resident in fulfilling his or her obligations for Loan Assistance pursuant to this Addendum. In the event of Resident’s voluntary termination of this Addendum prior to full satisfaction of Resident’s obligations for Loan Assistance hereunder, unless mutually agreed to by all parties, Resident shall: A. Pay to MIDOCS any Loan Assistance amounts paid to Resident representing the Practice Requirement term not completed, B. $11,250 multiplied by the number of months of obligated service not completed;