Early Exit Fee definition
Early Exit Fee means the fee payable in connection with an Early Exit which is equivalent to any unpaid interest on the amount being withdrawn;
Early Exit Fee means the fee to be paid by you if from the Effective Date, you terminate the Agreement before the Commitment Period End Date. The method of calculation of the Early Exit Fee is set out in Condition 12(c);
Early Exit Fee is what you agree to pay if we end this Contract.
Examples of Early Exit Fee in a sentence
Early Exit Fee Your cost to end your Contract with us before its expiry date.
If we cannot supply natural gas to your new location for any other reason (including that a third party supplies you with natural gas), this Contract, as it applies to natural gas will end and we may charge you the Early Exit Fee.
If we charge you the Early Exit Fee, it will appear on your bill.
In addition, you must also pay us: (i) any outstanding payment obligations you have incurred under this Contract that remain unpaid, including related wire service, distribution and administration fees, and all applicable Taxes up to the termination date; and (ii) the Early Exit Fee, if applicable.
Any withdrawal of consent that prevents us from supplying Energy and services will result in the application of the Early Exit Fee.
More Definitions of Early Exit Fee
Early Exit Fee means the fee payable in connection with an Early Exit which is determined by the term of the account to be closed;
Early Exit Fee means the early exit fee that the Customer must pay Select Solutions if it chooses to end the provision of Services at a Supply Address early under clause 7.2(a)(i) instead of receiving the Services to the end of the Term. The Early Exit Fee is calculated on a per meter basis and is equal to the value of the remainder of the Appointment for the relevant meter (or meters). The remainder of the Appointment is calculated as the period between the day after the effective date of cessation of the Services for the relevant meter (or meters) until the contracted end date of the Appointment for the relevant meter (or meters). By way of example only: if Services in respect of one meter are terminated by the Customer under clause 7.2(a)(i)after 6 months of a 3 year Appointment, the Customer must pay Select Solutions the remainder (6 months) of the Fees that would have been payable in year one for that meter, and, in addition, all of the Fees that would have been payable in years 2 and 3 of the Appointment for that meter). Where Services at more than one Supply Address are ended early, or where there is more than one meter at a Supply Address, the Early Exit Fee is the sum of the remainder of the Appointment values for all of the terminated meters and/or Supply Addresses. To avoid doubt, the Early Exit Fee is calculated in respect of the relevant Appointment term, not the Term of this Agreement. By way of example only: if a new meter or Supply Address is added to this Agreement via a 3 year Appointment with only 6 months of the Term of this Agreement remaining, and the Customer wishes to end the Services under that new Appointment after 6 months (i.e. upon the expiry of this Agreement), the Early Exit Fee would be the remaining value of the Appointment, i.e. 2yrs and 6 months’ worth of Fees.
Early Exit Fee means the fee to be paid by you if from the Effective Date, you terminate the Agreement before the Commitment Period End Date.
Early Exit Fee means the fee payable by You to Us in the event that this Agreement is terminated by either Party during the Fixed Term or pursuant to condition 8.7 and as such fee is set out in the Customer Agreement Form;
Early Exit Fee means an amount calculated by the Deposit Taker by reference to the amount initially deposited by you and is determined at the relevant time based on prevailing market conditions such as, but not limited to, interest rates and the level of any relevant Index.”
Early Exit Fee is what you agree to pay if we end this PPA.] “Electricity Utility” is the electricity company that is responsible for the wires that bring electricity to the Business. An Electricity Utility is also called a distributor or a local distribution company.
Early Exit Fee means the fee, described in Section 21, to be paid by an Aggregator or Direct Participant to the Company to be relieved of its obligation to deliver the Deficient Quantity.