CLAIMS FOR LIQUDATED DAMAGES Sample Clauses

CLAIMS FOR LIQUDATED DAMAGES. The HPSEBL shall raise claim(s) for liquidated damages as per section
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CLAIMS FOR LIQUDATED DAMAGES. The HPSEBL shall raise claim(s) for liquidated damages as per section 16.2 and 16.3 soon after Commercial Operation Date of the project and shall, in the event of non- payment of the same by the Company within a period of 90 days from the date on which such claims are raised, recover the amount payable by the Company on this account by way of adjustment(s) against the amount of monthly bills received by it from the Company for the sale of Net Saleable Energy: Provided that no such adjustment shall be commenced until the expiry of 120 days from the date on which such claims is raised; Provided further that HPSEBL shall restrict the amount to be adjusted on this account against the energy xxxx for any Billing Month to 10% of the amount of such monthly xxxx and the balance dues, if any, shall be adjusted by HPSEBL against the monthly bills for the subsequent Billing Months; Provided further that the Company shall not be liable to pay any interest/surcharge for late payment, so long as the adjustments are made within the above stated timelines.

Related to CLAIMS FOR LIQUDATED DAMAGES

  • Notice of Liquidated Damages System Agency will formally notify Grantee in writing when liquidated damages action is imposed, stating the nature of the action, the reasons for imposing, and the method of appealing. Grantee must submit a written appeal, within ten (10) calendar days of receipt of the notice, to the SUD email box, XxxxxxxxxXxxxx.Xxxxxxxxx@xxxx.xxxxx.xx.xx.

  • Withholding for unpaid wages and liquidated damages The FHWA or the contacting agency shall upon its own action or upon written request of an authorized representative of the Department of Labor withhold or cause to be withheld, from any moneys payable on account of work performed by the contractor or subcontractor under any such contract or any other Federal contract with the same prime contractor, or any other federally-assisted contract subject to the Contract Work Hours and Safety Standards Act, which is held by the same prime contractor, such sums as may be determined to be necessary to satisfy any liabilities of such contractor or subcontractor for unpaid wages and liquidated damages as provided in the clause set forth in paragraph (2.) of this section.

  • Liquidated Damages for Delay In addition to the Contractor bearing the actual cost of correcting any non-compliant work or any other actual damages resulting from Contractor’s breach of this Agreement, the Contractor agrees to pay the Contractor delay damages in the amount of $500.00 per day for every day that the goods and/or services to be provided pursuant to this Agreement have not been timely delivered to the District in compliance with the Scope of Services set forth above, unless the delay has been properly excused by the terms of this Agreement. The parties agree that the District’s actual damages for delay are difficult to estimate and that this $500.00 per day sum is a reasonable pre-estimate of the District’s actual damages for each day of delay and that the is $500.00 per day sum is intended by the parties to be in the nature of liquidated damages, not a penalty. It is not the parties’ intent for this provision to limit either party’s remedies against the other for the breach of this Agreement, except for the District’s money damages for unexcused delays caused by the Contractor.

  • Violation; liability for unpaid wages; liquidated damages In the event of any violation of the clause set forth in paragraph (1.) of this section, the contractor and any subcontractor responsible therefor shall be liable for the unpaid wages. In addition, such contractor and subcontractor shall be liable to the United States (in the case of work done under contract for the District of Columbia or a territory, to such District or to such territory), for liquidated damages. Such liquidated damages shall be computed with respect to each individual laborer or mechanic, including watchmen and guards, employed in violation of the clause set forth in paragraph (1.) of this section, in the sum of $10 for each calendar day on which such individual was required or permitted to work in excess of the standard workweek of forty hours without payment of the overtime wages required by the clause set forth in paragraph (1.) of this section.

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