Upon a customer’s termination, ProsperOps will immediately bill the savings share charge for Services provided month-to-date.
If a customer terminates prior to the term expiration of a ProsperOps managed discount instrument, the unrealized savings share charges are due for the remaining discount instrument term or a maximum of 12 months.
Estimated unrealized fees are from deployed commitment in the Flex and Smart layers only. For example, if ProsperOps deploys a 12-month commitment, and a customer leaves in six months, you will receive a savings benefit from the commitment from the remaining 6 months and the unrealized savings share will be charged accordingly based on that estimate.