Contractor’s Delay Damages Clause Samples
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Contractor’s Delay Damages. Notwithstanding Article XXII of this Subcontract Agreement, Subcontractor shall be liable for any damages for delay sustained by Contractor caused directly or indirectly by Subcontractor, including, but not limited to, damages, liquidated or otherwise, for which Contractor is liable to the Owner.
Contractor’s Delay Damages. Pursuant to Section 6.3.7 of Exhibit B to this Lease (the Work Letter), the delay damages payable by Landlord’s Contractor are to be shared between Landlord and Tenant. Landlord hereby agrees that its share of said delay damages payable by Landlord’s Contractor shall initially be paid to Tenant, in addition to Tenant’s share to compensate Tenant for Tenant’s costs and damages under Section 40.2 above; provided, however, to the extent that Landlord’s share of said delay damages exceeds Tenant’s costs and damages as specified in Section 40.2 above, then Tenant shall pay over to Landlord the excess portion of Landlord’s share of said delay damages which exceed Tenant’s costs and damages pursuant to Section 40.2 above.