Common use of Rebate of Termination Fee Clause in Contracts

Rebate of Termination Fee. Subject to Metavante rights under Section 6 below, Customer shall receive a rebate of a portion of any Termination Fee paid by Customer hereunder in the event that Customer shall enter into a new exclusive agreement with Metavante to receive the Initial Services within six (6) months following the Effective Date of Termination. Such rebate shall be determined according to the following schedule: Number of Months Following Termination Rebate 3 4/6 5 2/6

Appears in 3 contracts

Samples: E Finance Services Agreement (Ideal Financial Solutions Inc), E Finance Services Agreement (Ideal Financial Solutions Inc), E Finance Services Agreement (Ideal Financial Solutions Inc)

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Rebate of Termination Fee. Subject to Metavante Metavante’ rights under Section 6 below, Customer shall receive a rebate of a portion of any Termination Fee paid by Customer hereunder in the event that Customer shall enter into a new exclusive agreement with Metavante to receive the Initial Services within six (6) months following the Effective Date of Termination. Such rebate shall be determined according to the following schedule: Number of Months Following Termination Rebate 1 100 % 3 4/6 5 2/64 3/6 6 1/6

Appears in 1 contract

Samples: Technology Outsourcing Renewal Agreement (Team Financial Inc /Ks)

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Rebate of Termination Fee. Subject to Metavante rights under Section 6 below, Customer shall receive a rebate of a portion of any Termination Fee paid by Customer hereunder in the event that Customer shall enter into a new exclusive agreement with Metavante to receive the Initial Services within six (6) months following the Effective Date of Termination. Such rebate shall be determined according to the following schedule: Number of Months Following Termination Rebate 3 4/6 5 2/6Rebate

Appears in 1 contract

Samples: Services Agreement

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