Daily Amount. City and Contractor have reasonably endeavored, but failed, to ascertain the precise amount relationship to the actual damage that City will incur if Contractor fails to achieve Substantial Completion of the entire Work within the Contract Time. Therefore, the parties agree that in addition to all other damages to which City may be entitled other than delay damages, in the event Contractor shall fail to achieve Substantial Completion of the entire Work within the Contract Time, Contractor shall pay City as liquidated damages the amount of $2,000 per day for each Day occurring after the expiration of the Contract Time until Contractor achieves Substantial Completion of the entire Work. The liquidated damages amount is not a penalty but considered to be a reasonable estimate of the amount of damages City will suffer.
Daily Amount. If Xxxxxxx fails to correct a default as contemplated in section 5.1, Kiwanis will pay to the District, as a rent charge pursuant to section 5.3, in respect to each incidence of default, within 30 days of receiving a written request by the District, the Daily Amount for every day that the default continues. The Daily Amount will be increased on January 1 of each year by an amount calculated by multiplying the Daily Amount as of the previous January 1 by the percentage increase in the CPI during the immediately preceding calendar year. The Daily Amount is due and payable immediately upon receipt by Xxxxxxx of an invoice from the District for the same. This section is without prejudice to any other remedy available to the District under this Agreement and at law or in equity.
Daily Amount. 7.2.1. Contractor shall pay to SMUD, as liquidated damages and not as a penalty, the sum of Eight Thousand Five Hundred and 00/100 Dollars ($8,500.00) for each day of Unexcused Delay in achieving Substantial Completion within the Contract Time (and any extensions of the Contract Time approved in accordance with the Contract Documents).
Daily Amount. If the Owner fails to correct a default as contemplated in section 5.1, the Owner will pay to the City, within 30 days of receiving a written request by the City, the Daily Amount for every day that the default continues. The Daily Amount will be increased on January 1 of each year by an amount calculated by multiplying the Daily Amount as of the previous January 1 by the percentage increase in the CPI during the immediately preceding calendar year. The Daily Amount is due and payable immediately upon receipt by the Owner of an invoice from the City for the same. This section is without prejudice to any other remedy available to the City under this Agreement and at law or in equity.
Daily Amount. The Daily Amount shall equal (a) the Net Settlement Amount for RCSI plus (b) the amount necessary to fund incoming Interchange transactions not yet processed, determined in accordance with the First Data Settlement Rules, minus (c) the amount previously advanced by RCSI with respect to prior incoming Interchange transactions for which processing is complete. “
Daily Amount. The Daily Amount shall equal (a) the Net Settlement Amount for Customer, plus (b) the amount necessary to fund incoming Interchange transactions not yet processed, determined in accordance with the FDR Settlement Rules, minus (c) the amount previously advanced by Customer with respect to prior incoming Interchange transactions for which processing is complete.
Daily Amount. (The dollar amount eligible to be collected from Seller’s Bank Account each business day that represents the Average Monthly Receipts of $700,000.00 x Purchased Percentage / average business days in calendar month. By signing below, Sxxxxx and each Guarantor hereby verify that as of the date of this Agreement the amount of average monthly receipts is an accurate estimate of the Seller’s monthly average future receipts.) $ 4,812.60 (The Daily Amounts are to be collected at the end of each week, with each weekly collection to equal 5 times the Daily Amount, representing a 5-day week, subject to the terms and conditions below.) $ 24,063.00 (Shall be deducted from the initial advance.) $ 8000.00 (Shall be deducted from the initial advance.) $ 0.00 (Shall be deducted from the initial advance.) $ 0.00 (Shall be deducted from the initial advance.) $ 0.00 (Shall be deducted from the initial advance.) $ 0.00 /s/ BAC CFG Merchant Solutions, LLC Seller’s Initials
Daily Amount. 28 12.4 FAILURE TO TRANSFER ........................................ 28
Daily Amount. District and Contractor have reasonably endeavored, but failed, to ascertain the precise amount in relation to the actual damage that District will incur if Contractor fails to achieve Substantial Completion of the entire Work within the Contract Time. Therefore, the parties agree that in addition to all other damages to which District may be entitled, in the event Contractor shall fail to achieve Substantial Completion of the entire Work within the Contract Time, Contractor shall pay District as liquidated damages the amount of $_________per day for each Day occurring after the expiration of the Contract Time until Contractor achieves Substantial Completion of the entire Work. The liquidated damages amount is not a penalty but considered to be a reasonable estimate of the amount of damages District will suffer.
Daily Amount. If the Owner fails to correct a default as contemplated in section 5.1, the Owner will pay to the District, within 30 days of receiving a written request by the District, the Daily Amount for every day that the default continues. The Daily Amount will be increased on January 1 of each year by an amount calculated by multiplying the Daily Amount as of the previous January 1 by the percentage increase in the CPI during the immediately preceding calendar year. The Daily Amount is due and payable immediately upon receipt by the Owner of an invoice from the District for the same. This section is without prejudice to any other remedy available to the District under this Agreement and at law or in equity.
