Termination Value definition: Copy, customize, and use instantly
Introduction
The term "Termination Value" refers to the calculated amount due upon the early termination of an agreement, contract, or financial obligation. It is essential for determining financial liabilities, ensuring clarity in contract enforcement, and mitigating disputes over early termination costs.
Below are various examples of how "Termination Value" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Termination Value" as a lease settlement amount
This definition ties "Termination Value" to the financial obligation due when a lease is terminated before its expiration.
"Termination Value" means the amount payable by the lessee to the lessor upon the early termination of the lease, calculated based on the present value of remaining lease payments, applicable fees, and any predetermined penalties.
Definition of "Termination Value" as a loan prepayment obligation
This definition connects "Termination Value" to the remaining financial liability when a borrower exits a loan early.
"Termination Value" refers to the outstanding principal balance, accrued interest, and any prepayment penalties due upon the early repayment or cancellation of the loan.
Definition of "Termination Value" as a contractual early exit fee
This definition links "Termination Value" to the cost imposed for prematurely ending a contractual agreement.
"Termination Value" means the sum of all unpaid amounts, penalty fees, and additional compensation owed to the counterparty upon early contract termination.
Definition of "Termination Value" as a damages calculation for contract breach
This definition applies "Termination Value" to the damages owed when one party terminates an agreement due to breach.
"Termination Value" refers to the total cost of lost profits, expenses incurred, and any penalties determined under the contract upon an early or wrongful termination.
Definition of "Termination Value" as an insurance contract settlement
This definition ties "Termination Value" to the payable amount upon the cancellation of an insurance policy.
"Termination Value" means the refund of unearned premiums, less any applicable surrender charges, administrative fees, or penalties, upon policy cancellation.
Definition of "Termination Value" as an energy contract exit fee
This definition connects "Termination Value" to the cost of early termination of an energy supply contract.
"Termination Value" refers to the sum of outstanding charges, future lost revenue, and applicable penalties incurred when an energy contract is canceled before its term ends.
Definition of "Termination Value" as a service contract payout
This definition links "Termination Value" to the financial impact of canceling a service agreement.
"Termination Value" means the aggregate of unpaid service fees, costs incurred for early termination, and any additional penalties as specified in the contract.
Definition of "Termination Value" as a swap agreement settlement
This definition applies "Termination Value" to the amount due upon the early termination of a swap contract.
"Termination Value" refers to the market value of the terminated swap agreement, calculated as the present value of remaining cash flows adjusted for applicable penalties.
Definition of "Termination Value" as a franchise agreement exit cost
This definition ties "Termination Value" to the fees and liabilities associated with terminating a franchise agreement.
"Termination Value" means the total of unpaid royalties, outstanding franchise fees, and any agreed-upon exit penalties in the event of early franchise termination.
Definition of "Termination Value" as an early buyout price in a capital lease
This definition connects "Termination Value" to the residual amount due when a lessee terminates a capital lease early.
"Termination Value" refers to the present value of remaining lease payments, plus any purchase option fees, if applicable, at the time of termination.
Definition of "Termination Value" as a structured finance contract exit cost
This definition links "Termination Value" to the calculated settlement amount for an early exit in structured finance.
"Termination Value" means the net present value of remaining payment obligations, adjusted for applicable termination fees and penalties, under a structured finance arrangement.
Definition of "Termination Value" as a breakage cost in financial contracts
This definition applies "Termination Value" to the compensation required when breaking a financial contract.
"Termination Value" refers to the sum of all unpaid amounts, accrued interest, and any prepayment penalties that arise due to early contract termination.
Definition of "Termination Value" as an equipment lease termination cost
This definition ties "Termination Value" to the financial obligation due when an equipment lease is terminated early.
"Termination Value" means the sum of outstanding lease payments, any unpaid fees, and the residual value of the equipment, as determined in the lease agreement.
Definition of "Termination Value" as a licensing agreement exit payment
This definition connects "Termination Value" to the costs associated with early termination of a licensing agreement.
"Termination Value" refers to the remaining unpaid licensing fees, development costs, and any penalties imposed for terminating the agreement before the expiration date.
Definition of "Termination Value" as a real estate contract cancellation fee
This definition links "Termination Value" to the financial consequences of canceling a real estate contract before closing.
"Termination Value" means the total of forfeited deposits, administrative fees, and any compensation due to the non-terminating party under the contract terms.
Definition of "Termination Value" as a telecom service agreement termination charge
This definition applies "Termination Value" to the cost of canceling a telecom service contract before the agreed-upon period.
"Termination Value" refers to the remaining monthly charges, equipment fees, and any applicable early termination penalties outlined in the service contract.
Definition of "Termination Value" as a construction contract settlement amount
This definition ties "Termination Value" to the financial impact of terminating a construction contract prematurely.
"Termination Value" means the sum of outstanding contractor payments, costs of completed work, demobilization fees, and any damages due to early termination.
Definition of "Termination Value" as an investment fund redemption penalty
This definition connects "Termination Value" to the costs of withdrawing from an investment fund before a specified period.
"Termination Value" refers to the principal investment, less any applicable early redemption fees, exit charges, or fund-imposed penalties.
Definition of "Termination Value" as a severance package in employment agreements
This definition links "Termination Value" to the compensation due upon early termination of an employment contract.
"Termination Value" means the severance payment, accrued benefits, and any contractual obligations owed to the employee upon termination of employment.
Definition of "Termination Value" as a technology outsourcing contract exit cost
This definition applies "Termination Value" to the financial obligations arising from ending a technology outsourcing agreement early.
"Termination Value" refers to the unpaid service fees, costs of transitioning to a new provider, and any contractually agreed-upon penalties for early termination.
Definition of "Termination Value" as a factoring agreement early exit fee
This definition ties "Termination Value" to the cost of ending a factoring agreement before its term expires.
"Termination Value" means the total outstanding factored receivables, discount fees, and any prepayment penalties as specified in the factoring agreement.
Definition of "Termination Value" as a private equity investment exit settlement
This definition connects "Termination Value" to the financial obligations when exiting a private equity investment before maturity.
"Termination Value" refers to the net present value of remaining capital commitments, exit fees, and any agreed-upon liquidation penalties.
Definition of "Termination Value" as a deferred compensation plan cancellation amount
This definition links "Termination Value" to the payout due upon early termination of a deferred compensation plan.
"Termination Value" means the vested portion of deferred compensation, subject to early withdrawal penalties and tax withholdings.
Definition of "Termination Value" as an aviation lease settlement payment
This definition applies "Termination Value" to the amount due when terminating an aircraft lease agreement.
"Termination Value" refers to the remaining unpaid lease obligations, maintenance reserves, and any stipulated early termination fees.
Definition of "Termination Value" as a joint venture dissolution settlement
This definition ties "Termination Value" to the cost of dissolving a joint venture before its intended completion.
"Termination Value" means the net book value of assets, outstanding liabilities, and any contractual dissolution payments required.
Definition of "Termination Value" as a mortgage prepayment penalty
This definition connects "Termination Value" to the cost imposed for paying off a mortgage early.
"Termination Value" refers to the outstanding loan balance, accrued interest, and any lender-imposed prepayment penalties.
Definition of "Termination Value" as a government contract termination cost
This definition links "Termination Value" to the financial impact of terminating a government procurement contract.
"Termination Value" means the sum of completed work costs, demobilization expenses, and any contractual penalties incurred upon early contract termination.
Definition of "Termination Value" as a pharmaceutical R&D agreement cancellation fee
This definition applies "Termination Value" to the financial consequences of terminating a pharmaceutical research and development partnership early.
"Termination Value" refers to the unrecovered research costs, regulatory fees, and any contractual exit penalties.
Definition of "Termination Value" as a supply chain agreement early exit cost
This definition ties "Termination Value" to the cost of terminating a supply chain contract before its agreed-upon end date.
"Termination Value" means the total of outstanding supplier payments, lost inventory costs, and any applicable early termination fees.
Definition of "Termination Value" as a hedge fund early withdrawal penalty
This definition connects "Termination Value" to the financial consequences of withdrawing from a hedge fund before the lock-up period ends.
"Termination Value" refers to the remaining invested capital, subject to withdrawal fees and any fund-imposed penalties for early redemption.
Definition of "Termination Value" as a manufacturing contract cancellation charge
This definition links "Termination Value" to the financial settlement required for terminating a manufacturing agreement early.
"Termination Value" means the total of completed product costs, raw material expenses, and any agreed-upon penalties for contract termination.
Definition of "Termination Value" as an intellectual property license termination fee
This definition applies "Termination Value" to the costs associated with prematurely ending an intellectual property licensing agreement.
"Termination Value" refers to the outstanding royalty payments, damages for lost revenue, and any contractual termination penalties.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.