Common use of Termination with Liability Clause in Contracts

Termination with Liability. If (a) the Customer terminates the agreement before the end of the Initial Term for reasons other than for cause or (b) the Company terminates the agreement for cause, then the Customer will pay, within 30 days after such termination: (i) all accrued but unpaid charges incurred through the date of such termination, plus (ii) an amount equal to 32.5 percent of the unsatisfied MVR for each annual period (and a pro rata portion thereof for any partial annual period) remaining in the unexpired portion of the Initial Term on the date of such termination, plus (iii) a pro rata portion of any and all credits received by the Customer, plus (iv) termination charges imposed by overseas access providers for which the Company is or becomes contractually liable in connection with such termination. Toll Free Feature Charges. Customer will receive a monthly credit equal to 65% of the charges specified in the Guide for the Combined Feature package (that includes: Time of day/Time of interval routing; cross corporate identification routing (CCID); Day of week routing; exchange routing; geographic/point of call routing; percentage allocation routing).

Termination with Liability. If (a) the Customer terminates the agreement before the end of the Initial Term for reasons other than for cause or (b) the Company terminates the agreement for cause, then the Customer will pay, within 30 days after such termination: (i) all accrued but unpaid charges incurred through the date of such termination, plus (ii) an amount equal to 32.5 percent of the unsatisfied MVR for each annual period (and a pro rata portion thereof for any partial annual period) remaining in the unexpired portion of the Initial Term on the date of such termination, plus (iii) a pro rata portion of any and all credits received by the Customer, plus (iv) termination charges imposed by overseas access providers for which the Company is or becomes contractually liable in connection with such termination. Toll Free Feature Charges. : Customer will receive a monthly credit equal to 65% of the charges specified in the Guide for the Combined Feature package (that includes: Time of day/Time of interval routing; cross corporate identification routing (CCID); Day of week routing; exchange routing; geographic/point of call routing; percentage allocation routing).