Additional Termination Charges Sample Clauses
The 'Additional Termination Charges' clause defines the extra fees or costs that a party may be required to pay if a contract is terminated before its agreed-upon end date. Typically, this clause outlines the specific circumstances under which such charges apply, such as early cancellation by the customer or breach of contract, and may detail how the charges are calculated—often as a fixed sum, a percentage of remaining payments, or reimbursement of certain expenses. Its core practical function is to compensate the non-terminating party for losses or costs incurred due to early termination, thereby discouraging premature contract exit and allocating financial risk between the parties.
Additional Termination Charges. 18.1 If you fail to reach the annualised minimum monthly spend commitment as outlined in any agreed tariff plan or the service agreement we reserve the right to raise an invoice for the difference between achieved and committed spend in the month following expiry of the agreed term.
18.2 If notice is given during the term of the agreement and free install of ADSL and or line rental was given as part of the tariff or otherwise, then we reserve the right to impose a termination charge equal to the install cost divided by the number of the months in the term, multiplied by the number of months remaining in the term.
Additional Termination Charges. If you fail to reach the annualised minimum monthly spend commitment as outlined in any agreed tariff plan or the service agreement then we reserve the right to ▇▇▇▇ the difference between achieved and committed spend in the month following expiry of the agreed term If notice is given during the term of the agreement and free install of ADSL and or line rental was given as part of the tariff or otherwise, then we reserve the right to impose a termination charge equal to the install cost divided by the number of the months in the term, multiplied by the number of months remaining in the term. 19
Additional Termination Charges. 17.1. The sums stipulated in clauses 14, 15 and 16 will be charged in addition to:
17.1.1. any cancellation fees applicable in accordance with clause 12.16 in the Business General Terms; and
17.1.2. any contractual early termination fees imposed by either us or the applicable Airtime Provider in relation to the contract with said Airtime Provider for the remainder of the Initial Term.
Additional Termination Charges. 8.1. The additional termination charges referred to in clause 7.1. of this Schedule are the remaining subscription, and any other recurring Charges (including inclusive usage Charges) for any remaining part of the Minimum Term or the Renewal Period whichever the Supplier i n its sole discretion determines shall be applicable.
8.2. If the Customer ends the Contract after the expiry of the Minimum Term and does not request and use a Migration Access Code ( MAC) or other recognized transfer process to move to another service provider, the Supplier reserves the right to make a transfer charge to cover its administrative costs in moving the Customer to an alternative supplier.
8.3. Upon termination any fees pre-paid by you for unused time remaining, less any charges outstanding on your account, will be calculated and returned to you either by the same method as they were paid or by cheque (at our discretion).