Common use of Amounts of Liquidated Damages Clause in Contracts

Amounts of Liquidated Damages. Because Grantee's failure to comply with provisions of the Franchise will result in injury to the City in amounts that will be difficult to quantify with reasonable certainty, the City and Grantee agree to the following Liquidated Damages for the following violations. These damages represent the parties' best estimate of the damages resulting from the specified injury. The Liquidated Damage amo unts are in 2006 dollars and shall be increased each year by the increase in the U.S. Consumer Price Index. (1) For any Transfer subject to the provisions of Section 15 without prior City approval: three hundred dollars ($300) per day for each day the violation continues; (2) For failure to comply with non-monetary requirements for PEG Access and use of the Cable System: seventy- five cents ($0.75) per Subscriber for each month the violation continues, but not to exceed fifteen thousand dollars ($15,000) per month; (3) For violation of applicable Subscriber service standards: (a) For standards requiring a percentage performance: fifteen hundred dollars ($1,500) per quarter for each percentage point below the required performance; (b) For failure to maintain required Subscriber Service Centers: one dollar and fifty cents ($1.50) per Subscriber per month, but not to exceed seventy- five hundred dollars ($7,500) per month; (c) For other violations: three hundred dollars ($300) per occurrence; (4) For violation of any material technical performance standards: seven hundred fifty dollars ($750) per occurrence; and (5) For all other material violations: seven hundred fifty dollars ($750) per occurrence.

Amounts of Liquidated Damages. Because GranteeXxxxxxx's failure to comply with provisions of the Franchise will result in injury to the City in amounts that will be difficult to quantify with reasonable certainty, the City and Grantee agree to the following Liquidated Damages for the following violations. These damages represent the parties' best estimate of the damages resulting from the specified injury. The Liquidated Damage amo unts amounts are in 2006 2015 dollars and shall be increased each year by the increase in the U.S. Consumer Price Index. (1) For any Transfer subject to the provisions of Section 15 14 without prior City approval: three hundred sixty dollars ($300360) per day for each day the violation continues; (2) For failure to comply with non-monetary requirements for PEG Access and use of the Cable System: seventy- five cents one dollar ($0.751.00) per Subscriber for each month the violation continues, but not to exceed fifteen eighteen thousand dollars ($15,00018,000) per month; (3) For violation of applicable Subscriber service standards: (a) For standards requiring a percentage performance, other than violations of call answering standards: fifteen eighteen hundred dollars ($1,5001,800) per quarter for each percentage point below the required performance; (b) For call answering standards requiring a percentage performance: eighteen hundred dollars ($1,800) per month for each percentage point below the required performance; (c) For failure to maintain required Subscriber Service Centers: one dollar and fifty eighty cents ($1.501.80) per Subscriber per month, but not to exceed seventy- five hundred nine thousand dollars ($7,5009,000) per month; (cd) For other violations: three hundred sixty dollars ($300360) per occurrence; (4) For violation of any material technical performance standards: seven nine hundred fifty dollars ($750900) per occurrence; and (5) For all other material violations: seven nine hundred fifty dollars ($750900) per occurrence.

Amounts of Liquidated Damages. Because Grantee's failure to comply with provisions of the Franchise will result in injury to the City in amounts that will be difficult to quantify with reasonable certainty, the City and Grantee agree to the following Liquidated Damages for the following violations. These damages represent the parties' best estimate of the damages resulting from the specified injury. The Liquidated Damage amo unts amounts are in 2006 2015 dollars and shall be increased each year by the increase in the U.S. Consumer Price Index. (1) For any Transfer subject to the provisions of Section 15 14 without prior City approval: three hundred sixty dollars ($300360) per day for each day the violation continues; (2) For failure to comply with non-monetary requirements for PEG Access and use of the Cable System: seventy- five cents one dollar ($0.751.00) per Subscriber for each month the violation continues, but not to exceed fifteen eighteen thousand dollars ($15,00018,000) per month; (3) For violation of applicable Subscriber service standards: (a) For standards requiring a percentage performance, other than violations of call answering standards: fifteen eighteen hundred dollars ($1,5001,800) per quarter for each percentage point below the required performance; (b) For call answering standards requiring a percentage performance: eighteen hundred dollars ($1,800) per month for each percentage point below the required performance; (c) For failure to maintain required Subscriber Service Centers: one dollar and fifty eighty cents ($1.501.80) per Subscriber per month, but not to exceed seventy- five hundred nine thousand dollars ($7,5009,000) per month; (cd) For other violations: three hundred sixty dollars ($300360) per occurrence; (4) For violation of any material technical performance standards: seven nine hundred fifty dollars ($750900) per occurrence; and (5) For all other material violations: seven nine hundred fifty dollars ($750900) per occurrence.

Amounts of Liquidated Damages. Because Grantee's failure to comply with provisions of the Franchise will result in injury to the City in amounts that will be difficult to quantify with reasonable certainty, the City and Grantee agree to the following Liquidated Damages for the following violations. These damages represent the parties' best estimate of the damages resulting from the specified injury. The Liquidated Damage amo unts amounts are in 2006 dollars and shall be increased each year by the increase in the U.S. Consumer Price Index. (1) For any Transfer subject to the provisions of Section 15 14 without prior City approval: three hundred dollars ($300) per day for each day the violation continues; (2) For failure to comply with non-monetary requirements for PEG Access and use of the Cable System: seventy- five cents ($0.75) per Subscriber for each month the violation continues, but not to exceed fifteen thousand dollars ($15,000) per month; (3) For violation of applicable Subscriber service standards: (a) For standards requiring a percentage performance: fifteen hundred dollars ($1,500) per quarter for each percentage point below the required performance; (b) For failure to maintain required Subscriber Service Centers: one dollar and fifty cents ($1.50) per Subscriber per month, but not to exceed seventy- five hundred dollars ($7,500) per month; (c) For other violations: three hundred dollars ($300) per occurrence; (4) For violation of any material technical performance standards: seven hundred fifty dollars ($750) per occurrence; and (5) For all other material violations: seven hundred fifty dollars ($750) per occurrence.