Termination Liability definition
Termination Liability means a contingent Government obligation to pay a utility supplier the unamortized portion of a connection charge and any other applicable nonrefundable service charge as defined in the contract in the event the Government terminates the contract before the cost of connection facilities has been recovered by the utility supplier (see "Connection charge").
Termination Liability means a contingent Government obligation to pay a utility supplier the unamortized portion of a connection charge and any other applicable nonrefundable service charge as defined in the contract in the event the Government terminates the contract before the cost of connection facilities has been recovered by the utility supplier (see “Connection charge”).
Termination Liability means the portion of payments made by CTS that will be retained by Contractor in the event that CTS must cancel the Contract, or a portion thereof.
Examples of Termination Liability in a sentence
This would be the period of time that the 100% factor of the Termination Liability Charge would apply.
A Termination Liability charge applies to early termination of a Term Agreement.
A Termination Liability charge applies to the early termination of a Term Agreement.
If you are changing service providers, then your agency is responsible for the Termination Liability fee.
Authorized Users are responsible for any Termination Liability fees when migrating from a previously established Agency contract to these contracts, if that Agency changes providers.
More Definitions of Termination Liability
Termination Liability is as defined in Section 5.4.
Termination Liability. If Client terminates this SOW prior to the end of the Service Term for any reason other than Konica Minolta’s material breach of this SOW, which remains uncured after forty-five (45) days from Konica Minolta’s receipt of Client's written notice, Client shall pay to Konica Minolta within thirty (30) days of such termination 80% of all recurring charges for the balance of the Service Term and all non-recurring charges associated with this SOW.
Termination Liability means all liabilities, costs, claims, damages and expenses relating to the termination of a Business Employee’s employment from a Seller for any or no reason, including, without limitation, all liabilities, costs, claims, damages and expenses relating to severance, outplacement, vacation pay, salary, commissions and benefits for periods prior to the Closing Date, claims of wrongful termination, age, race or sex discrimination or the like, liability under the Worker Adjustment and Retraining Notification Act (WARN), COBRA and state benefits continuation laws, and any Taxes or penalties payable with respect to any of the foregoing payments or liabilities. For the avoidance of doubt, the Buyer is not assuming any retention agreement or any commission, incentive or other employee-related Plan, program, agreement or arrangement or any liability thereunder;
Termination Liability means the amount payable by a member of the Limited Hillside Group under Article V of the Joint Settlement Agreement with respect to the termination of one or both Plans.
Termination Liability. [CT REQUESTED] Minimum Usage Commitment (Per Month): N/A [CT REQUESTED] Per Call Billing Increments: [CT REQUESTED] MFSI Is My International Carrier of Choice To: [CT REQUESTED] All Amounts Due are in U.S. Dollars.
Termination Liability means all Losses incurred by Purchaser or the Company as a result of the assignment or termination of employees or consultants of the Company at Closing with respect to periods on or prior to the Closing Date, including severance, outplacement, vacation pay, salary, commissions and benefits for periods prior to the Closing Date, claims of wrongful termination, age, race or sex discrimination or the like, liability under WARN, COBRA and state benefits continuation Laws, and any Taxes or penalties payable with respect to any of the foregoing payments or liabilities.
Termination Liability shall have the meaning as defined in Article 14, Termination.