SPECTRUM BUSINESS RINGCENTRAL DEVICE EQUIPMENT INSTALLMENT PLAN
EQUIPMENT INSTALLMENT PLAN / INSTALLMENT SALES AGREEMENT / RETAIL SALES AGREEMENT
SUBJECT TO STATE REGULATION
SELLER (CREDITOR): Spectrum Advanced Services, LLC on behalf of itself and its service providing affiliates (collectively, "Spectrum") 400 Washington Blvd, Stamford, CT 06902, (800) 314-7195.
AGREEMENT: ***OrderNumber***
SPECTRUM ACCOUNT: ***AccountNumber***
BUYER'S NAME: ***CustomerName*** , the Spectrum Account Holder
BUYER'S CONTACT NUMBER: ***ContactNumber***
BUYER'S ADDRESS: ***CustomerAddress***
DESCRIPTION OF DEVICE: Spectrum Business Connect Handset/Device
YOU, meaning the Buyer named above, agree to pay US, the Seller/Creditor named above the Total Sale Price of the Device identified above according to the terms of this Spectrum Device Payment Plan Installment Contract (referred to herein as this "Device Payment Plan").
FINANCE CHARGE
The dollar amount the credit will cost You
AMOUNT FINANCED
The amount of credit provided to you
TOTAL OF PAYMENTS
The amount you will have paid after you have made all payments as scheduled
TOTAL SALE PRICE
The total cost of your purchase on credit including your down payment of
PLEASE SEE THE APPLICABLE SECTIONS OF THE (i) SPECTRUM BUSINESS SERVICES AGREEMENT, (ii) SPECTRUM BUSINESS VOICE SERVICES AGREEMENT, AND (iii) SPECTRUM BUSINESS CONNECT WITH RINGCENTRAL AGREEMENT (COLLECTIVELY, THE "TERMS OF SERVICE") FOR ANY ADDITIONAL INFORMATION ABOUT NONPAYMENT, DEFAULT, ANY REQUIRED PAYMENT IN FULL BEFORE THE SCHEDULED PAYMENT DATES AND PREPAYMENT TERMS WITH RESPECT TO THE RESPECTIVE SPECTRUM SERVICE. PLEASE SEE YOUR PAYMENT SCHEDULE RIDER BELOW FOR THE SPECIFIC AMOUNT AND DATE OF FIRST PAYMENT, TOTAL NUMBER OF PAYMENTS, AND AMOUNT OF EACH PAYMENT. TERMS THAT ARE INITIALLY CAPITALIZED BUT NOT DEFINED HEREIN ARE DEFINED IN YOUR TERMS OF SERVICE AND WILL HAVE THE DEFINED MEANING GIVEN TO THEM IN SUCH OTHER DOCUMENTS.
THIS DEVICE PAYMENT PLAN GOVERNING INSTALLMENT PAYMENTS FOR THE SPECTRUM DEVICE(S) YOU ARE RECEIVING FROM SPECTRUM INCLUDES A BINDING ARBITRATION PROVISION SET FORTH IN THE SPECTRUM BUSINESS SEVRICES AGREEMENT WHICH INCLUDES A WAIVER OF CLASS ACTIONS.
Your purchase of the Device hereunder shall be deemed acknowledgment that you have read and agreed to the Terms of Service.
ANY PERSON WHO DOES NOT AGREE TO BE BOUND BY THIS DEVICE PAYMENT PLAN AND THE TERMS OF SERVICE SHOULD NOT ACTIVATE THE DEVICE AND SHALL NOTIFY SPECTRUM'S CUSTOMER SERVICE AT (800) 314-7195 FOR INSTRUCTIONS ON RETURNING THE DEVICE.
This Device Payment Plan and the Terms of Service constitute a legal binding document.
Spectrum regularly updates and amends the Terms of Service. You should consult Spectrum's website https://www.spectrum.com/policies/terms-of-service.html to be sure you remain in compliance.
2. PAYMENTS.
Payment is due on the due date set forth in your bill statement as established under the Terms of Service. We will bill your Spectrum account every month the amount due. If the payment authorization fails for the full amount due for any Spectrum Service(s), the Device or other device(s) connected to your Spectrum account then we, at our sole discretion in accordance with and subject to applicable law, may suspend or disconnect any or all Spectrum Service(s) (or any portion thereof) provided by Spectrum. Your specific payment schedule under this Device Payment Plan is provided in the Payment Schedule Rider below. Payments made in excess of the Monthly Payment will be applied against your balance due on your next billing statement for your Spectrum Service(s), including applicable taxes and other fees.
3. FULL BALANCE PAYMENT.
You may pay the total amount due under this Device Payment Plan at any time before the final scheduled payment is due, and you will not have to pay a penalty.
4. RISK OF LOSS; SALES FINAL.
You bear the entire risk of loss, theft or damage to the Device from any cause during the term of this Device Payment Plan. Even if the Device is lost, stolen or damaged, you remain obligated for the total of the payments.
5. DEFAULT AND REMEDIES.
We shall have the right to suspend the service or functionality of your Device(s) and/or terminate this Device Payment Plan and/or any other Spectrum Service(s) for any one or more of the following reasons (each a “Default”):
(i) failure to pay amounts due under this Device Payment Plan or under the Terms of Service with respect to any Services provided to you by Spectrum;
(ii) you breach any covenant, representation or warranty hereunder;
(iii) you default in the performance of any other obligation which is not cured within ten (10) days after written notice to you (subject to any applicable laws requiring a different notice and cure period);
(iv) you no longer subscribe to Spectrum Business Connect with RingCentral service; or
(v) Spectrum terminates your Spectrum Service(s) for any other event of Default under this Device Payment Plan or the Terms of Service.
To the extent permitted by applicable law, upon a Default we have the right to require you to pay immediately the entire remaining balance in full under this Device Payment Plan (including charging the payment method you have provided for your account), and to pay us actual and reasonable costs of collection.
6. ASSIGNMENT.
We may, without your consent, and without giving you notice, assign or transfer this Device Payment Plan or any payment or any other sums due or to become due hereunder. In such event, our assignee will have, to the extent transferred or assigned to it, all our rights, powers, privileges and remedies under this Device Payment Plan.
You agree you will not (A) sell or offer to sell or transfer or enter into any lease with respect to the Device covered by this Device Payment Plan without our prior written consent nor (B) assign this Device Payment Plan or any interest in it to another party.
7. ELECTRONIC ACCESS TO AGREEMENT/OTHER COMMUNICATIONS.
By accepting below, you acknowledge that you have access to Spectrum's Website at https://www.spectrum.com/policies/terms-of-service.html, where a standard form of this Device Payment Plan and related privacy and other disclosures will be available to you. If at any time after your order you want a copy of this Device Payment Plan, you may call 800-314-7195 and request a copy be emailed to you.
8. BUYER'S RIGHT TO CANCEL.
If you do not want the Device purchased under this Device Payment Plan, then you may be eligible to return the Device and request a refund. You must return your Device in accordance with Section 6(d) of the Spectrum Business Services Agreement. If you do not return your Device in accordance with Section 6(d) of the Spectrum Business Services Agreement, you will be responsible for all outstanding charges under this Device Payment Plan and it will remain in full force and effect.
NOTICE TO BUYER:
1. Do not accept this Device Payment Plan before you read it or if it contains any blank spaces for information that is available at the time you accept this Device Payment Plan.
2. You are entitled to a completely filled-in copy of this Device Payment Plan. Keep it to protect your legal rights.
3. Under the law, you have the right to pay off in advance the full amount due at any time. If you desire to prepay the full amount due, the amount due will be furnished upon request.
4. This contract is covered by state and federal laws, and you have the rights of a buyer under such laws.
5. ANY HOLDER OF THIS CONSUMER CREDIT CONTRACT IS SUBJECT TO ALL CLAIMS AND DEFENSES WHICH THE DEBTOR COULD ASSERT AGAINST THE SELLER OF GOODS OR SERVICES OBTAINED UNDER THIS DEVICE PAYMENT PLAN OR WITH THE PROCEEDS HEREOF. RECOVERY HEREUNDER BY THE DEBTOR SHALL NOT EXCEED AMOUNTS PAID BY THE DEBTOR HEREUNDER.
6. This is an installment sale agreement and not a lease. Do not accept if it contains blank spaces. You have a right to a copy of this Device Payment Plan; keep it to protect your rights. You may pay off the full amount at any time. Please review the entire agreement, including the Notice to Buyer provisions, before accepting. We have a limited return policy, which can be found in Section 6(d) of the Spectrum Business Services Agreement.
PAYMENT SCHEDULE RIDER
YOUR PAYMENT SCHEDULE WILL BE:
Number of Payments: ***NumberOfPayments***
Amount of Monthly Payments: $***MonthlyPaymentAmount***. Note that all applicable taxes will be due at the time you place your order.
Monthly Payment Due Date: Payments are due monthly, by the due date specified in your bill statement (see your Terms of Service for bill cycle date details).
No Late Charges: No late charges will be assessed under the terms of this Installment Agreement, see Section 5 of this Device Payment Plan for more information on Default.
Prepayment: You may pay off all of your debt under this Installment Agreement early without penalty.
EQUIPMENT INSTALLMENT PLAN / INSTALLMENT SALE AGREEMENT / RETAIL SALES AGREEMENT
I acknowledge that I have read this Device Payment Plan.
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