Volume Commitment. If the Agreement contains a Volume Commitment and is terminated by Customer pursuant to the clause entitled Customer Termination for Convenience or by Verizon pursuant to the clause entitled Termination for Cause or Insolvency, Customer shall pay an Early Termination Charge equal to: (a) the percentage detailed in the Agreement of the shortfall in any Volume Commitment(s) in the Contract Year of termination; and (b) the percentage detailed in the Agreement of the aggregate of the remaining applicable Volume Commitments.
Appears in 11 contracts
Sources: Service Agreement, Service Agreement, Service Agreement
Volume Commitment. If the Agreement contains a Volume Commitment and is terminated by Customer pursuant to the clause entitled Customer Termination for Convenience or by Verizon pursuant to the clause entitled Termination for Cause or Insolvency, Customer shall pay an Early Termination Charge equal to: (a) the 75% (or other percentage detailed elsewhere in the Agreement Agreement) of the shortfall in any Volume Commitment(s) in the Contract Year of termination; and (b) the 75% (or other percentage detailed elsewhere in the Agreement Agreement) of the aggregate of the remaining applicable Volume Commitments.
Appears in 5 contracts
Sources: Service Agreement, Service Agreement, Service Agreement
Volume Commitment. If the Agreement contains a Volume Commitment and is terminated by Customer pursuant to the clause entitled Customer Termination for Convenience or by Verizon pursuant to the clause entitled Termination for Cause or Insolvency, Customer shall pay an Early Termination Charge equal to:: (a) the percentage detailed in the Agreement of the shortfall in any Volume Commitment(s) in the Contract Year of termination; and (b) the percentage detailed in the Agreement of the aggregate of the remaining applicable Volume Commitments.
Appears in 2 contracts
Sources: Service Agreement, Service Agreement
Volume Commitment. If the Agreement contains a Volume Commitment and is terminated by Customer pursuant to the clause entitled Customer Termination for Convenience or by Verizon pursuant to the clause entitled Termination for Cause or Insolvency, Customer shall pay an Early Termination Charge equal to: (a) 75% (or other percentage detailed elsewhere in the Agreement)the percentage detailed in the Agreement of the shortfall in any Volume Commitment(s) in the Contract Year of termination; and (b) 75% (or other percentage detailed elsewhere in the Agreement)the percentage detailed in the Agreement of the aggregate of the remaining applicable Volume Commitments.
Appears in 1 contract
Sources: Service Agreement
Volume Commitment. If the Agreement contains a Volume Commitment and is terminated by Customer pursuant to the clause entitled “Customer Termination for Convenience Convenience” or by Verizon pursuant to the clause entitled “Termination for Cause or InsolvencyInsolvency ”,, Customer shall pay an Early Termination Charge equal to: (a) the 75% (or other percentage detailed elsewhere in the Agreement Agreement) of the shortfall in any Volume Commitment(s) in the Contract Year of termination; and (b) the percentage detailed in the Agreement of the aggregate of the remaining applicable Volume Commitments.and
Appears in 1 contract
Sources: Service Agreement