> When you terminate the account you can stop accepting payments and auto-trigger a pro-rated refund. Then the consideration is "the service, while you used it"

> When you terminate the account you can stop accepting payments and auto-trigger a pro-rated refund. Then the consideration is "the service, while you used it" or "the money, while we accepted it", depending on which party you are. That sounds right --- the key difference is the refund, which wasn't mentioned in Patrick's original post. If termination is for cause, you might not have to give a refund (although it'd look better to outsiders, and thus be more defensible in court, if you did give a refund).