COMPENSATION FOR DEFAULTS Sample Clauses

COMPENSATION FOR DEFAULTS i. Any damage to the installation(s)/building due to the carelessness on the part of firm’s staff shall be the responsibility of firm and shall be replaced/rectified without any extra cost. ii. Any accident or damage will be the responsibility of agency and the Department will not entertain any claim, compensation, penalty etc on this account or on account of nonobservance of any other requirement of law relevant to his work. iii. All breakdown calls / complaints have to be attended by the firm with utmost promptness. If the agency fails to rectify any fault within reasonable time, the department reserves the right to carry out the work at the risk and cost of the agency. In case the fault is of emergency nature, which may affect the normal functioning of the services, and the firm fails to take immediate necessary action, the work shall be carried out at the risk and cost of the firm without giving any notice. The decision of the EE (E) shall be final.
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COMPENSATION FOR DEFAULTS. Any damage to the installation(s)/building due to the carelessness on the part of firm’s staff shall be the responsibility of firm and shall be replaced/rectified without any extra cost.
COMPENSATION FOR DEFAULTS. In the event Service Company or any other party suffers losses due to the faults of any party, the party who defaulted shall be liable and compensate the losses of Service Company and the other party. In the event all parties suffer losses, the parties shall be liable respectively according to the situation.

Related to COMPENSATION FOR DEFAULTS

  • Termination for Default The Commonwealth may terminate this Agreement by notice where it reasonably believes the Grantee: (a) has breached this Agreement; or (b) has provided false or misleading statements in their application for the Grant; or (c) has become bankrupt or insolvent, entered into a scheme of arrangement with creditors, or come under any form of external administration.

  • SUSPENSION & TERMINATION FOR DEFAULT Enterprise Services may suspend Contractor’s operations under this Master Contract immediately by written cure notice of any default. Suspension shall continue until the default is remedied to Enterprise Services’ reasonable satisfaction; Provided, however, that, if after thirty (30) days from such a suspension notice, Contractor remains in default, Enterprise Services may terminate Contractor’s rights under this Master Contract. All of Contractor’s obligations to Enterprise Services and Purchasers survive termination of Contractor’s rights under this Master Contract, until such obligations have been fulfilled.

  • Compensation for Damages (1) If the Principal has disqualified the Bidder(s) from the tender process prior to the award according to Section 3, the Principal is entitled to demand and recover the damages equivalent to Xxxxxxx Money Deposit/Bid Security. (2) If the Principal has terminated the contract according to Section 3, or if the Principal is entitled to terminate the contract according to Section 3, the Principal shall be entitled to demand and recover from the Contractor liquidated damages of the Contract value or the amount equivalent to Performance Bank Guarantee.

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