ADJUSTMENT OF CONTRACT PRICE – CANCELLATION BY THE BUYER. The Contract Price shall be subject to adjustments, as hereinafter set forth, in any of the events set out in this Article IV (it being understood by both parties that any reduction of Contract Price is by way of liquidated damages and not by way of penalty) and the Builder shall not in any way be responsible or liable for any other consequences by way of damages or otherwise as a consequence of any of the matters hereinafter set forth in this Article IV, except for the Buyer’s right to cancel in accordance with the provisions of the Contract.
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Samples: Contract (Petroleum Geo Services Asa), Stolt Nielsen S A, Petroleum Geo Services Asa
ADJUSTMENT OF CONTRACT PRICE – CANCELLATION BY THE BUYER. The Contract Price shall be subject to adjustments, as hereinafter set forth, in any of the events set out in this Article IV (it being understood by both parties that any reduction of Contract Price is by way of liquidated damages and not by way of penalty) and the Builder shall not in any way be responsible or liable for any other consequences by way of damages or otherwise as a consequence of any of the matters hereinafter set forth in this Article IV, except for the Buyer’s 's right to cancel in accordance with the provisions of the Contract.
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Samples: Trico Marine Services Inc
ADJUSTMENT OF CONTRACT PRICE – CANCELLATION BY THE BUYER. The Contract Price shall be subject to adjustments, as hereinafter set forth, in any of the events set out in this Article IV (it being understood by both parties that any reduction of Contract Price is by way of liquidated damages and not by way of penalty) and the Builder shall not in any way be responsible or liable for any other consequences by way of damages or otherwise as a consequence of any of the matters hereinafter set forth in this Article IV, except for the Buyer’s 's right to cancel in accordance with the provisions of the Contract. 1.
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