Early Termination Close Out Amount

Early Termination Close Out Amount. If this Agreement is terminated effective prior to December 31, 2020 under circumstances where Section 26.6 provides that the MCA or the ACA shall be payable, TCS shall invoice Nielsen in one consolidated invoice for (A) the Unpaid Invoices Balance, (B) the Unbilled Services Balance, and (C) the Early Termination Shortfall (the sum of such amounts, the "Early Termination Close Out Amount"). Such consolidated invoice shall replace and supersede all other outstanding invoices. Payment of the... Early Termination Close Out Amount shall be due thirty (30) days following receipt of TCS' invoice therefore; which shall constitute full and complete satisfaction of all Nielsen payment obligations to TCS with respect to Charges for Services, ACA and MCA. Nielsen may reduce the amount paid toward the Early Termination Close Out Amount by the amount of any payments for invoices in the Unpaid Invoice Balance (x) which were paid after calculation of the Unpaid Invoices Balance or (y) which were paid prior to calculation of the Unpaid Invoice Balance and were not properly credited to Nielsen's account by TCS in making such calculation. View More