A
termination fee is a fee charged when you end or cancel a contract or agreement before its agreed-upon completion. It is a penalty for terminating the contract early.
Full definition
Any cancellations made prior to the third shipment may incur an
early termination fee of $ 50 in addition to any outstanding product and shipment fees.
You would have to provide 60 - day written notice,
pay termination fee, and pay back any concessions given.
A third method of bringing in a hesitant tenant is to allow the store to pay an early
termination fee in order to exercise an option to terminate its lease at a specified time.
$ 250 home equity line of credit early
termination fee if account is closed within 36 months.
There is no monthly fee on this account, you do need to keep the account open for six months to avoid any early
account termination fee.
Not only do landlords typically receive
termination fees when a store leaves before its lease ends, but the rents they can charge new tenants are often higher that what the old tenant paid.
If you pay the suspension
termination fee before the suspension period has ended, we will mail your license to you within 3 business days after the suspension period ends.
Pay early
termination fee By now the message should be loud and clear: Don't let any collection account for any amount find its way to your credit report.
The program administrator may allow you to
avoid termination fees by transferring your subscription to someone else who wishes to subscribe and who meets the program requirements (credit score, etc).
She said no town officials told her about amendments to concession agreements
involving termination fees or about the assignment of concession agreement proceeds documents.
Here is what you need to know about early
termination fees so you can avoid the potential big cost.
You can pay the suspension
termination fee at the office or offices shown on your suspension order.
Make sure to locate the early
termination fee clause before signing a new contract, and consider how much it might cost you to change your mind.
Find out if there's an early
termination fee if you choose to switch companies before the policy expires, and look for any hidden clauses in the deductible section.
A tenant, who had paid a security deposit when first moving in, experienced a residential issue and the landlord agreed to waive the early
termination fee in writing.
You'll still be paying for the old lease in future payments, and you may still have to pay an early
termination fee before that.
If used correctly, then a home equity line of credit should be fully realized during the approved «draw» period making the
early termination fee less of an issue.
General Growth's same store NOI for the first quarter of 2007 was only 0.5 percent compared to 8.5 percent in the first quarter of 2006, due to
lease termination fees carried over from last year, but its occupancy rate, at 92.9 percent, was 1.8 percent higher during the same period last year and its sales per square foot increased more than 3 percent since the first quarter of 2006 to $ 458.
In addition, investors may not be adequately informed about monitoring fees, paid by portfolio companies to p.e. firms, as well
as termination fees when the company is sold.
The company adds that Verizon will pay AT&T a $ 38 million
termination fee on behalf of Straight Path.
And device upgrades are less painful because carrier subsidies and early -
termination fees for contracts are a non-factor.
Cigna Corp. says it is seeking a $ 1.85 billion
termination fee from Anthem and more than $ 13 billion in damages caused by what it says were Anthem's breaches of the merger agreement.
Set - up Fee: None Monthly Charge: None Optional Equipment Purchase: Cost No Contract Termination Fee
Posted by Victoria Strauss for Writer Beware I've written before
about termination fees in publishing contracts: why they are bad not just for authors, but for publishers, and how publishers can abuse them.
The two companies did not mention any possible
termination fees related to failing to secure regulatory approval, which may be a heightened concern given recent U.S. government opposition to big deals like Comcast - Time Warner Cable, Staples - Office Depot and General Electric - Electrolux.
The current rating actions give the counterparties of these transactions the option to immediately demand up to $ 2.2 billion in accelerated principal and accrued interest and
associated termination fees.
The client signs a written engagement agreement stating that they understand that the value of this agreement is front - end loaded so the firm has the option to charge a 3 -
month termination fee if the client terminates before the end of the 12 - month engagement agreement.
Confusing contracts, sky -
high termination fees, and bogus unlimited plans are just a few obstacles you can run into while evaluating your options.
(This should be month to month with no early
termination fee unless you're getting free software or equipment in exchange, or the processor is paying you out of a contract.)
In pursuit of so - called «contract freedom,» T - Mobile will offer up to $ 300 for every device that is exchanged and up to $ 350 to
cover termination fees.
The companies added that, unlike Disney, Comcast declined to offer a reverse
deal termination fee, which would compensate Fox in the event that regulators stymied a deal.
Included in net cash provided by operating activities and primarily
reflects termination fees received and paid, as well as costs paid for brewery closures and restructuring activities.
Results were primarily impacted by a $ 12 million increase in
termination fees net of property closing costs, an $ 8 million increase in branding fee revenue, and the $ 4 million reversal of a liability related to a hotel that closed in the 2010 fourth quarter, partially offset by the impact of a $ 6 million cancellation fee earned in 2009.
Unfortunately, I have
seen termination fees that are extremely onerous, up to 40 % of the yearly fees incurred.
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