Common use of Termination with Liability Clause in Contracts

Termination with Liability. If: (a) Customer terminates this Agreement before the end of the Term for reasons other than Cause; or (b) Company terminates this Agreement for Cause pursuant to the Section entitled “Termination; Disconnection Notice,” then Customer will pay, within thirty (30) days after such termination: (i) an amount equal to 50% of the unsatisfied AVC remaining during the Contract Year of termination, and for each subsequent Contract Year remaining in the Term, plus (ii) a pro rata portion of any and all credits received by Customer. Customer shall receive a one time credit in the amount of $50,000.00 in the first (1st) month following the Effective Date of this Agreement.

Appears in 3 contracts

Sources: Amendment 1, Service Agreement, Service Agreement

Termination with Liability. If: If (a) the Customer terminates this Agreement the agreement before the end of the Term for reasons other than Cause; for cause or (b) the Company terminates this Agreement the agreement for Cause pursuant to cause, then the Section entitled “Termination; Disconnection Notice,” then Customer will pay, within thirty (30) 30 days after such termination: (i) all accrued but unpaid charges incurred through the date of such termination, plus (ii) an amount equal to 50% 100 percent of the unsatisfied AVC MVR remaining during the Contract Year year of termination, and for each subsequent Contract Year annual period remaining in the Term, plus (iiiii) a pro rata portion of any and all credits received by the Customer. Customer shall receive a one time credit in the amount of $50,000.00 in the first (1st) month following the Effective Date of this Agreement.

Appears in 2 contracts

Sources: Amendment 9, Service Agreement

Termination with Liability. If: (a) Customer terminates this Agreement before the end of the Term for reasons other than Cause; or (b) Company Verizon terminates this Agreement for Cause pursuant to the Section entitled “Termination; Disconnection Notice,” then Customer will pay, within thirty (30) days after such termination: (i) an amount equal to 50% of the unsatisfied AVC remaining during the Contract Year of termination, and for each subsequent Contract Year remaining in the Term, plus (ii) a pro rata portion of any and all credits received by Customer. Customer shall receive a one time credit in the amount of $50,000.00 in the first (1st) month following the Effective Date of this Agreement.

Appears in 1 contract

Sources: Service Agreement

Termination with Liability. If: (a) Customer terminates this Agreement before the end of the Term for reasons other than Cause; or (b) Company terminates this Agreement for Cause pursuant to the Section entitled titled “Termination; Disconnection Notice,” ”, then Customer will pay, within thirty (30) days after such termination: (i) all accrued but unpaid charges incurred through the date of such termination, plus (ii) an amount equal to 50% of the unsatisfied AVC remaining during the Contract Year year of termination, and for each subsequent Contract Year remaining in the Term, plus (iiiii) a pro rata portion of any and all credits received by Customer. Customer shall receive a one time credit in the amount of $50,000.00 in the first (1st) month following the Effective Date of this Agreement.

Appears in 1 contract

Sources: Service Agreement

Termination with Liability. If: If (a) the Customer terminates this Agreement the agreement before the end of the Initial Term for reasons other than Cause; for cause or (b) the Company terminates this Agreement the agreement for Cause pursuant to cause, then the Section entitled “Termination; Disconnection Notice,” then Customer will pay, within thirty (30) 30 days after such termination: (i) all accrued but unpaid charges incurred through the date of such termination, plus (ii) an amount equal to 5025% of the unsatisfied AVC remaining during the Contract Year of termination, and for each subsequent Contract Year remaining in the Term, plus annual period (ii) and a pro rata portion thereof for any partial Contract Year) remaining in the unexpired portion of any and all credits received by Customerthe Initial Term on the date of such termination. Credit(s): One Time Credits: Customer shall will receive a one time $13,300 credit in applied against the amount of $50,000.00 in the first (1st) month following the Effective Date of this AgreementCustomer’s designated Service Charges incurred for Interstate Services and International Services. Waivers.

Appears in 1 contract

Sources: Service Agreement

Termination with Liability. If: (a) Customer terminates this Agreement before the end of the Term for reasons other than Cause; or (b) Company terminates this Agreement for Cause pursuant to the Section entitled titled “Termination; Disconnection Notice,” ”, then Customer will pay, within thirty (30) 30 days after such termination: (i) all accrued but unpaid charges incurred through the date of such termination, plus (ii) an amount equal to 5025% of the unsatisfied AVC remaining during the Contract Year year of termination, and for each subsequent Contract Year remaining in the Term, plus (iiiii) a pro rata portion of any and all credits received by Customer. Customer shall receive a one time credit in the amount of $50,000.00 in the first (1st) month following the Effective Date of this Agreement.

Appears in 1 contract

Sources: Service Agreement

Termination with Liability. If: (a) Customer terminates this Agreement before the end of the Term for reasons other than Cause; or (b) Company terminates this Agreement for Cause pursuant to the Section entitled titled “Termination; Disconnection Notice,” ”, then Customer will pay, within thirty (30) 30 days after such termination: (i) all accrued but unpaid charges incurred through the date of such termination, plus (ii) an amount equal to 5025% of the unsatisfied AVC remaining during the Contract Year year of termination, and for each subsequent Contract Year remaining in the Term, plus (iiiii) a pro rata portion of any and all credits received by Customer. Customer shall receive a one time credit in the amount of $50,000.00 in the first (1st) month following the Effective Date of this Agreement.Credits:

Appears in 1 contract

Sources: Service Agreement

Termination with Liability. If: If (a) the Customer terminates this Agreement the agreement before the end of the Term for or reasons other than Cause; for cause or (b) the Company terminates this Agreement the agreement for Cause pursuant to cause, then the Section entitled “Termination; Disconnection Notice,” then Customer will pay, within thirty (30) 30 days after such termination: (i) all accrued but unpaid charges incurred through the date of such termination, plus (ii) an amount equal to 50% 25 percent of the unsatisfied AVC MVR remaining during the Contract Year year of termination, and for each subsequent Contract Year annual period remaining in the Term, plus (iiiii) a pro rata portion of any and all credits received by the Customer. Credits: The Customer shall will receive a one time credit in 2 credits each equal to $6,000 applied against the amount of $50,000.00 in the first (1st) month following the Effective Date of this AgreementCustomer’s interstate charges.

Appears in 1 contract

Sources: Amendment 28