The universities also knew that the terms of what essentially acted as a prenuptial agreement would let them leave the Big East as a unit, without paying exit fees, and make their own TV deal.
When muni bond issuers unwind deals and pay enormous exit fees to Wall Street, they typically issue new debt to do so.
If they want to move goods out of some states, they must pay an exit tax.
It also calls on hospitals should also look at introducing pay on exit systems so that they only pay for the time they have used.
People leaving American citizenship under such circumstances typically pay an "exit tax," which is a final bill based on all assets.
Then the question is whether you are defined as a 'covered expat' who will have to pay an exit tax or not".
Indeed, the coalition's tax increases threaten to revive the question of how Britain — like many other countries — got into this mess in the first place, and who should pay the exit fee.
"Insisting that investors pay hefty exit penalties, use a financial adviser that some may not need, or jump through bureaucratic hoops is simply not reasonable or fair," Mr McPhail said.
Expert View Michael Phillips, Broadbandchoices.co.uk "If you are still unhappy with your service and simply wish to switch to a different provider altogether, you may find you have to pay an exit fee.
As a condition of the Rabobank transaction, Farm Credit Services, which makes loans in Iowa, Nebraska, South Dakota and Wyoming, would have to withdraw from the United States Farm Credit System and pay an exit fee of more than $800 million.
