Early Termination Charge means, with respect to any 2014-A Lease that is terminated prior to its Maturity Date, an amount equal to the lesser of (a) the present value (discounted at the implicit rate of such 2014-A Lease) of all remaining Monthly Payments and (b) the excess, if any, of the adjusted 2014-A Lease balance over the related 2014-A Vehicle’s fair market wholesale value in accordance with accepted practices in the automobile industry (or by written agreement between the Servicer, on behalf of the Titling Trust, and the Lessee).
Early Termination Charge means the charge we may make if any of the circumstances in provision 12 (Ending the Agreement) occurs and we choose to terminate the Agreement on a date before the Earliest Termination Date, which we will calculate in accordance with Schedule A;
Early Termination Charge means the charge payable by the End-User for the termination of the contract before the end of the minimum contract period;
Examples of Early Termination Charge in a sentence
The Early Termination Charge is not a penalty but rather a charge to reimburse UCS for the Subscriber’s failure to satisfy Subscriber’s commitment for Service.
As a courtesy and as required by applicable law, Subscriber may cancel and/or terminate any term commitment agreement that is associated with a promotional offering within ten (10) days of having entered into such agreement and Subscriber will not be required to pay an Early Termination Charge.
More Definitions of Early Termination Charge
Early Termination Charge means any early termination or downgrade charges for a Service set out or referred to in the Service Schedule or Service Order Form. Effective Date means the earlier of:
Early Termination Charge means the charge imposed for terminating the Agreement prior to expiration of the Term as provided in Paragraph 5 thereof.
Early Termination Charge means the Remaining Payments Charge, plus the Contract Residual Value set forth in the Closed-End Lease, minus the unearned portion of the Lease Charge set forth in the Closed-End Lease, minus the realized value of the Closed-End Vehicle as determined by the estimated or appraised wholesale value of the Closed-End Vehicle or by the amount the Servicer receives upon disposition of the Closed-End Vehicle at wholesale.
Early Termination Charge means in respect of any Lease, Loan or MTC, at the date of termination, the total of:
Early Termination Charge means the charge described in paragraph 1.8 of Annex 1;
Early Termination Charge means, with respect to any 2003-A Lease that is terminated prior to its Maturity Date, an amount equal to the lesser of (i) the difference, if any, between (a) the sum of (1) the present value of all remaining Monthly Payments and (2) the Contract Residual of the related 2003-A Vehicle and (b) a wholesale value assigned to such 2003-A Vehicle by the Servicer in accordance with accepted practices in the automobile industry (or by written agreement between the Servicer, on behalf of the Titling Trust, and the Lessee) and (ii) the remaining Monthly Payments.
Early Termination Charge means the Early Termination Charge set out in the Service Schedule;