Early Exit Fee Clause Samples
An Early Exit Fee clause establishes a financial penalty that a party must pay if they terminate a contract before the agreed-upon end date. Typically, this fee is calculated as a fixed amount or a percentage of the remaining contract value, and it applies when a party chooses to leave the agreement for reasons not permitted under the contract's standard termination provisions. The core function of this clause is to discourage premature termination and compensate the non-breaching party for potential losses or inconvenience caused by the early exit.
Early Exit Fee. You understand and agree that in order for XOOM to offer and fulfill its fixed rate obligation to you, it has to purchase natural gas in advance of usage in amounts needed to cover the full term of this Contract. If you cancel this Contract early, you will be responsible for paying an early exit fee (“Early Exit Fee”), set forth in the Product Sheet, which is intended not as a penalty, but simply to offset the cost of selling the unused portion of your Energy to others and estimated lost revenue that XOOM may incur from such a sale, if any, and related expenses. If we charge you the Early Exit Fee, it will appear on your bill. If you do not pay it to us by the date indicated, we will charge you the Late Payment Charge.
Early Exit Fee. There is no Early Exit Fee payable under this Contract.
Early Exit Fee. If more than 49 days before the end of your tariff period You change Your supplier or tariff for electricity or gas, or both, We may apply a termination fee of £30 per fuel (“Early Exit Fee”). You agree to pay any Early Exit Fee and that We may also take this fee by Direct Debit. We will not apply an Early Exit Fee if You change your supplier or tariff during the final 49 days or in various other specific circumstances set out in this Tariff Agreement. Triple/Double Nectar Points
Early Exit Fee. If before 10th February 2021 you change your supplier or tariff for electricity or gas, or both, to which your Price Control Agreement applies, we may apply a termination fee of £50 in respect of each such fuel (“Early Exit Fee”). You agree to pay any such Early Exit Fee and that we may also take this fee by Direct Debit. We will not apply an Early Exit Fee in relation to this tariff if you change your supplier or tariff on or after 10th February 2021 or in various other specific circumstances set out in this Price Control Agreement.
Early Exit Fee. If before 12th March 2021 you change your supplier or tariff for electricity or gas, or both, to which your Price Control Agreement applies, we may apply a termination fee of £30 in respect of each such fuel (“Early Exit Fee”). You agree to pay any such Early Exit Fee and that we may also take this fee by Direct Debit. We will not apply an Early Exit Fee in relation to this tariff if you change your supplier or tariff on or after 12th March 2021 or in various other specific circumstances set out in this Price Control Agreement. You may end your Price Control Agreement or switch supplier without giving us any form of notice but you may incur an Early Exit Fee if you change before 12th March 2021. If you change your tariff during the Price Control Period for an alternative npower tariff you will no longer be eligible for the Price Fix April 2021 offer and will be supplied under the terms of your new tariff. You may not be able to switch back to the Price Fix April 2021 offer at any point in the future. If you switch supplier as a result of our notice to you prior to the end of the Price Control Period, and we receive formal notice of a switch within the relevant period then until you leave you will pay the charges as per this Price Control Agreement. We’ll give you details of all relevant periods when we notify you at the time. If you change tariff with us following that notice and prior to the end of the Price Control Period then you will pay the charges as per this Price Control Agreement until you move to your new tariff. If you move home you may be able to transfer this Price Control Agreement to your new home if you continue to meet the eligibility criteria and: - you let us know that you would like to transfer the Price Control Agreement to your new home when you tell us about your change of address; and - we reach a mutual agreement to continue with the Price Control Agreement at your new home. If we agree a transfer with you, the prices you will pay for your supplies for the rest of the Price Control Period will be the prices under the Price Fix April 2021 offer applicable to your new home. Those prices may be different from the prices in your present home, for example due to regional variations in our prices or different metering. If you don’t transfer it to your new home this Price Control Agreement will end and you may incur an Early Exit Fee.
Early Exit Fee. Refers to a fee paid to the Company prior to the beginning of a Capability Period to reduce the amount of Portfolio Quantity associated with an Aggregation for the remaining duration of the contract (as provided for by Section IX of this Agreement) as relates to the reduction, which is calculated as the product of the Deficient Quantity, multiplied by the Incentive Rate, multiplied by ten percent (10%), multiplied by the remaining full Capability Periods of the contract (keeping in mind that notice of a Deficient Quantity must be provided prior to November 1st of the calendar year prior to a Capability Period). At times, the Early Exit Fee calculation may also be utilized as a calculation to calculate the penalty to be assessed against Applicant for Applicant’s failure to meet Applicant’s Load Relief obligations, and as more particularly set forth under this Agreement. The dollar amount of the Early Exit Fee owed to Con Edison by Applicant may be satisfied (as an offset) by Con ▇▇▇▇▇▇ from any future incentive payments due to be paid by Con ▇▇▇▇▇▇ to Applicant.
Early Exit Fee. Customers may elect to terminate this Service Agreement prior to the Termination Date with 60 days’ notice to the Company. Customers who choose to discontinue their service under this Schedule will be charged for the net cost of the remaining Renewable Energy that was to be delivered to the Customer under the remaining term of the Service Agreement. This amount will be based on: 1) the remaining term of the Service Agreement, 2) the amount of estimated annual Renewable Energy needs of each of the discontinued Customer’ locations as listed in Section 5 of the Service Agreement, 3) the estimated output of the Resource, 4) the contracted energy rates agreed to in Section 7 of the Service Agreement, and 5) a credit for PSE’s then-current avoided costs (filed consistent with WAC 480-107-055). Termination of service under this Schedule will follow receipt and processing of the termination request by the Company.
Early Exit Fee. If the Warehouse Agreement is terminated and all obligations of Customer to the other parties thereto are paid and satisfied in full prior to October 1, 2004 (an “Early Termination”), Customer shall pay on the date of such Early Termination, the product of .50% multiplied by the Aggregate Principal Outstanding immediately prior to such termination, payable one-half to SunAmerica and one-half to ▇▇▇▇▇▇▇ ▇▇▇▇▇, by wire transfer of immediately available funds to such account(s) as are specified by them not less than three Business Days prior to the date of such Early Termination; provided, however, that no such fee shall become payable if such Early Termination occurs in connection with a Securitization Transaction.
Early Exit Fee. If before 12th March 2020 You change Your supplier or tariff for electricity or gas, or both, We may apply a termination fee of £40 per fuel (“Early Exit Fee”). You agree to pay any Early Exit Fee and that We may also take this fee by Direct Debit. We will not apply an Early Exit Fee if You change your supplier or tariff on or after 12th March 2020 or in various other specific circumstances set out in this Tariff Agreement. By signing up for the Wigan Warriors Energy Fix April 2020 tariff you will receive a signed shirt with a personalised message from a Wigan Warriors Club player. You agree to have your details passed to the Marketing Lounge Partnership Limited (Company number 06467245), The Stables, Home Farm, Mere, Cheshire WA16 0PX, who will email you within 45 days of your 1st fuel supply start date of details on how to claim your signed shirt.. Wigan Warriors Club will contact you to confirm when your shirt is ready for collection within a period of4 weeks from the date you submitted your request. You accept that signature on the shirts is subject to player availability and status of the player as a member of the Wigan Warriors Rugby team and does not suggest any personal endorsement by individual players. We will take into account your first choice of player for the personalised message on your shirt however we cannot guarantee that your chosen player will be available for signature. Should your chosen player not be available you will be contacted by the Wigan Warriors Club to confirm an alternative choice. By signing up for the Wigan Warriors Energy Fix April 2020 tariff, you agree to be automatically entered in to any prize draws which you are eligible for, run by npower as part of their partnership with Wigan Warriors rugby club.