Common use of CONTRACTUAL PENALTIES Clause in Contracts

CONTRACTUAL PENALTIES. 16.1 The Buyer shall have the right to a penalty in the amount of 0.1 % of the Price for each commenced day of delay with the performance pursuant to Section 4.1 hereof. 16.2 The Buyer shall have the right to a penalty in the amount of 0.1 % of the Price for each commenced day of delay with rectifying of defects claimed within the warranty period. 16.3 In case of default in payment of any due receivables (monetary debt) under the Contract, the defaulting Buyer or Seller (the debtor) shall be obliged to pay a contractual penalty in the amount of 0.1 % of the owed amount for each commenced day of delay with the payment. 16.4 The Buyer shall be entitled to claim a contractual penalty against the Seller in the amount of 30 % of the Price, in case it will subsequently take advantage of the opportunity to withdraw from the Contract pursuant to Section 13.2.1 and 13.2.2. 16.5 Contractual penalties are payable within 30 days of notification demanding payment thereof. 16.6 Payment of the contractual penalty does not prejudice the rights of the Parties to claim damages.

CONTRACTUAL PENALTIES. 16.1 15.1 The Buyer shall have the right to a penalty in the amount of 0.1 0,1 % of the Price for each commenced day of delay with the performance pursuant to Section 4.1 and 14.8 hereof. 16.2 15.2 The Buyer shall have the right to a penalty in the amount of 0.1 0,1 % of the Price for each commenced day of delay with rectifying of claimed defects claimed within the warranty periodpursuant to Section 14.4 hereof. 16.3 15.3 The Buyer shall be entitled to claim a contractual penalty against the Seller in the amount of 30 % of the Price, in case he will subsequently take advantage of the opportunity to withdraw from the Contract pursuant to Section 12.2.1 and 12.2.2. 15.4 In case of default in payment of any due receivables (monetary debt) under the Contract, the defaulting Buyer or Seller (the debtor) shall be obliged to pay a contractual penalty in at the amount of 0.1 % of the owed amount statutory rate for each commenced day of delay with the payment. 16.4 The Buyer shall be entitled to claim a contractual penalty against the Seller in the amount of 30 % of the Price, in case it will subsequently take advantage of the opportunity to withdraw from the Contract pursuant to Section 13.2.1 and 13.2.2. 16.5 15.5 Contractual penalties are payable within 30 days of notification demanding payment thereof. 16.6 15.6 Payment of the contractual penalty does not prejudice the rights of the Parties to claim damages; The Parties exclude use of Sec 2050 of the Civil Code.

CONTRACTUAL PENALTIES. 16.1 The Buyer shall have be entitled to claim a contractual penalty against the right to a penalty Seller in the amount of 0.1 0,05 % of the Price for each commenced day of delay with the performance delivery pursuant to Section 4.1 hereofhereof with a possible grace period of 10 days. 16.2 The Buyer shall have the right to a penalty in the amount of 0.1 0.05 % of the Price for each commenced day of delay with rectifying of defects claimed within the warranty perioddefects. 16.3 In case of default in payment of any due receivables (monetary debt) under the Contract, the defaulting Buyer or Seller (the debtor) shall be obliged to pay a contractual penalty in the amount of 0.1 % of the owed amount for each commenced day of delay with the payment. 16.4 The Buyer shall be entitled to claim a contractual penalty against the Seller in the amount of 30 % of the Price, in case it will subsequently take advantage of the opportunity to withdraw from the Contract pursuant to Section 13.2.1 13.1.1 and 13.2.213.1.2. 16.4 In case of default in payment of any due receivables (monetary debt) under the Contract, the defaulting Buyer or Seller (the debtor) shall be obliged to pay a contractual penalty in the amount of 0.05 % of the owed amount for each commenced day of delay with the payment. 16.5 Contractual All contractual penalties are shall be payable within 30 days of notification demanding payment thereoffrom the date claimed. 16.6 Payment of the contractual penalty does not prejudice the rights of the Parties to claim damages.

CONTRACTUAL PENALTIES. 16.1 The Buyer shall have be entitled to claim a contractual penalty against the right to a penalty Seller in the amount of 0.1 0,1 % of the Price for each commenced day of delay with the performance delivery pursuant to Section 4.1 hereofhereof with a possible grace period of 10 days. 16.2 The Buyer shall have the right to a penalty in the amount of 0.1 % of the Price for each commenced day of delay with rectifying of defects claimed within the warranty perioddefects. 16.3 In case of default in payment of any due receivables (monetary debt) under the Contract, the defaulting Buyer or Seller (the debtor) shall be obliged to pay a contractual penalty in the amount of 0.1 % of the owed amount for each commenced day of delay with the payment. 16.4 The Buyer shall be entitled to claim a contractual penalty against the Seller in the amount of 30 % of the Price, in case it will subsequently take advantage of the opportunity to withdraw from the Contract pursuant to Section 13.2.1 13.1.1 and 13.2.213.1.2. 16.4 In case of default in payment of any due receivables (monetary debt) under the Contract, the defaulting Buyer or Seller (the debtor) shall be obliged to pay a contractual penalty in the amount of 0.05 % of the owed amount for each commenced day of delay with the payment. 16.5 Contractual All contractual penalties are shall be payable within 30 days of notification demanding payment thereoffrom the date claimed. 16.6 Payment of the contractual penalty does not prejudice the rights of the Parties to claim damagesclaimdamages.

CONTRACTUAL PENALTIES. 16.1 15.1 The Buyer shall have the right to a penalty in the amount of 0.1 % of the Price for each commenced day of delay with the performance pursuant to Section 4.1 hereof. 16.2 15.2 The Buyer shall have the right to a penalty in the amount of 0.1 % of the Price for each commenced day of delay with rectifying of defects claimed within the warranty period. 16.3 15.3 In case of default in payment of any due receivables (monetary debt) under the Contract, the defaulting Buyer or Seller (the debtor) shall be obliged to pay a contractual penalty in the amount of 0.1 % of the owed amount for each commenced day of delay with the payment. 16.4 15.4 The Buyer shall be entitled to claim a contractual penalty against the Seller in the amount of 30 % of the Price, in case it will subsequently take advantage of the opportunity to withdraw from the Contract pursuant to Section 13.2.1 12.2.1 and 13.2.212.2.2. 16.5 15.5 Contractual penalties are payable within 30 days of notification demanding payment thereof. 16.6 15.6 Payment of the contractual penalty does not prejudice the rights of the Parties to claim damages.

CONTRACTUAL PENALTIES. 16.1 The Buyer shall have the right to a penalty in the amount of 0.1 % of the Price for each commenced day of delay with the performance pursuant to Section 4.1 hereof. 16.2 The Buyer shall have the right to a penalty in the amount of 0.1 % of the Price for each commenced day of delay with rectifying of claimed defects claimed within the warranty periodpursuant to Section 15.3 hereof. 16.3 The Buyer shall be entitled to claim a contractual penalty against the Seller in the amount of 30 % of the Price, in case he will subsequently take advantage of the opportunity to withdraw from the Contract pursuant to Section 13.2.1 and 13.2.2. 16.4 In case of default in payment of any due receivables (monetary debt) under the Contract, the defaulting Buyer or Seller (the debtor) shall be obliged to pay a contractual penalty in at the amount of 0.1 % of the owed amount statutory rate for each commenced day of delay with the payment. 16.4 The Buyer shall be entitled to claim a contractual penalty against the Seller in the amount of 30 % of the Price, in case it will subsequently take advantage of the opportunity to withdraw from the Contract pursuant to Section 13.2.1 and 13.2.2. 16.5 Contractual penalties are payable within 30 days of notification demanding payment thereof. 16.6 Payment of the contractual penalty does not prejudice the rights of the Parties to claim damages; the Parties exclude use of Section 2050 of the Civil Code.