Early Termination Penalty definition

Early Termination Penalty shall have the meaning set forth in Section 2.5 of this Agreement.
Early Termination Penalty means the agreed liquidated damages payable by Customer to Company as a result of terminating this General Terms during the Term but before the expiry of the Contract Period.
Early Termination Penalty means the portion of the Assumed Value to be paid by Licensor to Licensee, and is calculated by multiplying the Assumed Value by the quotient of the number of months remaining in the Term after termination divided by 120.

Examples of Early Termination Penalty in a sentence

  • If Customer is responsible for an Event of Default and fails to cure within ten (10) days of written notice (such additional cure period does not apply to default for non-payment), in addition to its other remedies, Gexa may (i) terminate this Agreement; and (ii) charge Customer the Customer Early Termination Penalty pursuant to Section 5 of this Agreement.

  • Early Termination Penalty will decrease by $10 per month until Contract Term is completed.

  • On such date, Subtenant shall pay to Sublandlord a penalty (the “Early Termination Penalty”) in the amount of $1,000,000, and Sublandlord may retain all or any remaining portion of the Security Deposit in satisfaction of the payment of the Early Termination Penalty (but not in excess of the Early Termination Penalty).

  • Early Termination Penalty: Unamortized TI’s and Tenant Broker Commissions to be defined.

  • Customer is liable for fees through the end of the termination period or the Early Termination Penalty whichever is greater.

  • In the event ▇▇▇▇▇▇▇▇ POWER terminates this Agreement prior to the completion of the Term of this Agreement ▇▇▇▇▇▇▇▇ POWER shall forfeit this security deposit and the COUNTY shall have the right to retain it as an Early Termination Penalty unless such termination is due to a default by the COUNTY (“Early Termination Fee’).

  • Early termination prior to the end of a Service Period is subject to a Early Termination Penalty equal to the fees owed for the remaining period of the Service Order.

  • We provide this Platform for use only by persons located in the United States and specifically, within the Commonwealth of Pennsylvania.

  • Subject to the Early Termination Penalty for Customer termination set forth above, either party may terminate this Agreement and a Service Order for convenience upon thirty (30) days prior written notice to the other party at any time.

  • The Early Termination Penalty shall be in addition to any other damages owed by Pharmacy to AmeriSource as a result of a breach of this Agreement.


More Definitions of Early Termination Penalty

Early Termination Penalty means the portion of the Assumed Value to be paid by Licensor to Licensee, and is calculated by multiplying the Assumed Value by the quotient of the number of months remaining in the Term after termination divided by 120. “Information Security Program” means Licensor’s program or programs to: (a) ensure the security and confidentiality of Confidential Information to which Licensor has access; (b) protect against any anticipated threats or hazards to the security or integrity of the Confidential Information; and (c) protect against unauthorized access to or use of Confidential Information that could result in substantial harm or inconvenience to Licensee or any Customer. Such Information Security Program shall include maintenance of a comprehensive written Information Security Program and computer system security requirements sufficient to comply with the Privacy and Data Security Requirements and protect all Confidential Information. “Intellectual Property Rights” means (i) copyrights and other rights associated with works of authorship; (ii) trademark and trade name rights and similar rights; (iii) trade secret rights; (iv) patents, designs, algorithms, utility models, and other industrial property rights, and all improvements thereto; and (v) all registrations, applications, renewals, extensions, continuations, divisions, or reissues thereof now or hereafter in force. “Interagency Guidelines” means the Interagency Guidelines Establishing Standards For Safeguarding Customer Information published on February 1, 2001, as the same may be amended from time to time. “Privacy and Data Security Requirements” means the obligations imposed by: (a) Title V of the ▇▇▇▇▇-▇▇▇▇▇-▇▇▇▇▇▇ Act, 15 U.S.C. §§ 6801 et seq.; (b) the applicable federal regulations implementing such act; (c) the Interagency Guidelines; and (d) all other applicable international, federal, state and local laws, rules, regulations, and orders relating to the privacy and security of Customer Information, including the federal Fair Credit Reporting Act, 15 U.S.C. §§ 1681 et seq.; the California Consumer Privacy Act, CAL. CIV. CODE § 1798.100, et seq.; the NY SHIELD Act, N.Y. GEN.
Early Termination Penalty means the fees charges to the customer for terminating the Agreement early before its expiry time. The fees are detailed as attached to this Agreement;

Related to Early Termination Penalty

  • Early Termination means the Termination of Employment before Normal Retirement Age for reasons other than death, Disability, Termination for Cause or following a Change of Control.

  • Early Termination Date means the date determined in accordance with Section 6(a) or 6(b)(iv).

  • Early Termination Payment is defined in Section 4.3(b) of this Agreement.

  • Automatic Early Termination provision of Section 6(a) will not apply to Party A and will not apply to Party B.

  • Early Termination Rate means the lesser of (i) 6.5% per annum, compounded annually, and (ii) LIBOR plus 100 basis points.