Fees payable on termination Clause Samples
The 'Fees payable on termination' clause defines the financial obligations that arise when a contract is ended before its natural expiration. Typically, this clause outlines which fees, such as outstanding payments, early termination charges, or accrued costs, must be settled by the parties upon termination. For example, a service provider may require payment for services rendered up to the termination date, or impose a penalty for early exit. The core function of this clause is to ensure clarity and fairness regarding financial settlements, preventing disputes over what is owed when the contractual relationship ends.
Fees payable on termination. You agree to pay us for all services we perform up to the date of termination. Where there is a fixed fee for services, you agree to pay us for the services that we have performed on the basis of the time spent at our then current hourly rates, up to the amount of the fixed fee. Any contingent element of the fees will remain payable in accordance with the engagement letter. If a contingent fee cannot be paid for regulatory reasons, you agree to pay for the work carried out under the contingent fee arrangement on the basis of time spent, unless alternative arrangements have been agreed.
Fees payable on termination. Laurel Owner shall pay, solely from Borrower Cash, any fee payable to Existing Manager on account of the termination of Existing Manager. For purposes of the TRO, State Street hereby consents to the application of Borrower Cash to pay Existing Manager, on account of such termination, an amount not to exceed one month's management fee to Existing Manager.
Fees payable on termination. The Company agrees to pay CTM Singapore in accordance with this Agreement for all services which are performed by CTM Singapore and this clause shall survive after any termination or suspension of this Agreement.
Fees payable on termination. You agree to pay us for all Stages that have been completed as at the date of termination. Where there is an annual licence fee, we agree to refund a pro-rated amount for the unexpired period for which the annual licence fee has been paid.
Fees payable on termination. You agree to pay us for all services we perform before termination or suspension.
Fees payable on termination. You agree to reimburse us for all services rendered and costs incurred up to the point of termination. In the case of lump-sum agreements, which cannot be terminated for any reason save those set down in 11.1, you agree to pay an additional indemnity (e.g. phase-out cost of team, lost productivity of team members, etc.), which will be derived on a case-by-case basis depending upon the conditions of the specific agreement.