Termination Charge definition

Termination Charge means a charge levied when an unamortized balance remains and the Jurisdiction requests termination of Street Lighting Service. The charge is determined by costs of equipment, installation, removal, disposal, Capital Recovery Period, and Utility Financing Cost minus payments made to date for the specific fixtures.
Termination Charge shall equal the sum of the following: (i) all unpaid amounts for Services actually provided prior to the termination date; (ii) any portion of the NRC for the terminated Service(s) that has not yet been paid to Provider; (iii) with respect to off-net Services only, any documented cancellation or termination charges or fees imposed on Provider by any third party in connection with the early termination of the Services; and (iv) one hundred percent (100%) of all remaining MRCs Customer was to pay Provider for the Service during the remainder of the applicable Service Term. If incurred, the Termination Charge will be due and payable by Customer within thirty (30) days after the termination date of the Service at issue. Customer acknowledges that the calculation of the Termination Charge is a genuine estimate of Provider’s actual damages and is not a penalty.
Termination Charge means the charge applicable for the provision of the Call Termination Service as described in Schedule 2;

Examples of Termination Charge in a sentence

  • In the event of Termination for Customer Convenience pursuant to Section 6.1 of the T&Cs, or termination for Customer Default pursuant to Section 5.2 of the T&Cs, Customer shall pay a Termination Charge to Provider.


More Definitions of Termination Charge

Termination Charge means the charge calculated in accordance with Paragraph 21.6 entitled “Termination Charge.”
Termination Charge means the total Charges which are still to fall due or which would, but for termination of the Contract, have become due under the relevant Contract plus any costs incurred by the Company in terminating any funding arrangements entered into by the Company in connection with the Equipment. “Upgrade” means any supply of a new handset or mobile device.
Termination Charge shall have the meaning given such term set forth in Subsection 2.21(E).
Termination Charge means the amount if any set out in the Order Form and all outstanding invoices;
Termination Charge means the charge payable by Equifax to PwCES as set forth in Exhibit 1.
Termination Charge the greater of:
Termination Charge means a sum equal to the Service Charges for the period from the relevant date of termination up to the end of the Minimum Period along with any applicable de-activation charges (or similar).