Refund of Payments After Acceptance. The Lessor shall, upon termination by Lessee due to default after acceptance of the Equipment, return payments it received for the Equipment and the services to the following schedule. The refund of monies paid hereunder shall not be deemed the exclusive remedy of Lessee in the event of a default or breach of this Agreement by Xxxxxx. Termination Date Percentage of License After Acceptance Fee to be Refunded less than 6 months 90% within 6–12 months 75% within 13–24 months 50% within 25–36 months 25% within 37–48 months 10% more than 48 months 0%
Appears in 4 contracts
Samples: Purchase Order Terms and Conditions Agreement for Lease of Computer Equipment, Purchase Order Terms and Conditions Agreement for Lease of Computer Equipment, Purchase Order Terms and Conditions Agreement for Lease of Computer Equipment
Refund of Payments After Acceptance. The Lessor shall, upon termination by Lessee due to default after acceptance of the Equipment, return payments it received for the Equipment and the services to the following schedule. The refund of monies paid hereunder shall not be deemed the exclusive remedy of Lessee in the event of a default or breach of this Agreement by Xxxxxx. Termination Date Percentage of License After Acceptance Fee to be Refunded less Less than 6 months 90% within 6–12 months 75% within 13–24 months 50% within 25–36 months 25% within 37–48 months 10% more than 48 months 0%
Appears in 2 contracts
Samples: Purchase Order Terms and Conditions Agreement for Lease of Computer Equipment, Purchase Order Terms and Conditions Agreement for Lease of Computer Equipment
Refund of Payments After Acceptance. The Lessor shall, upon termination by Lessee due to default after acceptance of the Equipment, return payments it received for the Equipment and the services to the following schedule. The refund of monies paid hereunder shall not be deemed the exclusive remedy of Lessee in the event of a default or breach of this Agreement by XxxxxxLessor. Termination Date Percentage of License After Acceptance Fee to be Refunded less Less than 6 months 90% within 6–12 months 75% within 13–24 months 50% within 25–36 months 25% within 37–48 months 10% more than 48 months 0%
Appears in 1 contract
Samples: Purchase Order Terms and Conditions Agreement for Lease of Computer Equipment
