Common use of DAMAGES FOR DELAY IN COMPLETION Clause in Contracts

DAMAGES FOR DELAY IN COMPLETION. 30.1 If Completion does not occur by the Date for Completion, due to the default of either party, the party who is at fault must pay the other party as liquidated damages on Completion: (a) interest on the Price at the rate of 10% per annum calculated on a daily basis from the Date for Completion to Completion; and (b) the amount of $660 (including GST) to be applied towards any legal costs and disbursements incurred by the party not at default if Completion occurs later than 5 Working Days after the Date for Completion. 30.2 The party at fault must pay the amount specified in clause 30.1 in addition to any other damages to which the party not at fault is entitled both at law and under this Contract. 30.3 The parties agree that: (a) the amount of any damages payable under clauses 30.1(a) to the party not in default is a genuine and honest pre-estimate of loss to that party for the delay in Completion, and (b) the damages must be paid on Completion.

DAMAGES FOR DELAY IN COMPLETION. 30.1 29.1 If Completion does not occur by the Date for Completion, Completion due to the default of either party, the party who is at fault must pay the other party as liquidated damages on Completion: (a) interest on the Price at the rate of 10% per annum calculated on a daily basis from the date 7 days after the Date for Completion to Completion; and (b) the amount of $660 (including GST) to be applied towards any legal costs and disbursements incurred by the party not at default if Completion occurs later than 5 Working Days 7 days after the Date for Completion. 30.2 29.2 The party at fault must pay the amount specified in clause 30.1 29.1 in addition to any other damages to which the party not at fault is entitled both at law and under this Contract. 30.3 29.3 The parties agree that: (a) the amount of any damages payable under clauses 30.1(a29.1(a) to the party not in default is a genuine and honest pre-estimate of loss to that party for the delay in Completion, and (b) the damages must be paid on Completion.

DAMAGES FOR DELAY IN COMPLETION. 30.1 29.1 If Completion does not occur by the Date for Completion, Completion due to the default of either party, the party who is at fault must pay the other party as liquidated damages on Completion:Completion:‌ (a) interest on the Price at the rate of 10% per annum calculated on a daily basis from the date 7 days after the Date for Completion to Completion; Completion;‌ and (b) the amount of $660 (including GST) to be applied towards any legal costs and disbursements incurred by the party not at default if Completion occurs later than 5 Working Days 7 days after the Date for Completion. 30.2 29.2 The party at fault must pay the amount specified in clause 30.1 29.1 in addition to any other damages to which the party not at fault is entitled both at law and under this Contract. 30.3 29.3 The parties agree that: (a) the amount of any damages payable under clauses 30.1(a29.1(a) to the party not in default is a genuine and honest pre-estimate of loss to that party for the delay in Completion, and (b) the damages must be paid on Completion.

DAMAGES FOR DELAY IN COMPLETION. 30.1 31.1 If Completion does not occur by the Date for Completion, due to the default of either party, the party who is at fault must pay the other party as liquidated damages on Completion:Completion:‌ (a) interest on the Price at the rate of 10% per annum calculated on a daily basis from the date 7 days after the Date for Completion to Completion; Completion;‌ and (b) the amount of $660 (including GST) to be applied towards any legal costs and disbursements incurred by the party not at default if Completion occurs later than 5 Working Days 7 days after the Date for Completion. 30.2 31.2 The party at fault must pay the amount specified in clause 30.1 31.1 in addition to any other damages to which the party not at fault is entitled both at law and under this Contract. 30.3 31.3 The parties agree that: (a) the amount of any damages payable under clauses 30.1(a31.1(a) to the party not in default is a genuine and honest pre-estimate of loss to that party for the delay in Completion, and (b) the damages must be paid on Completion.

DAMAGES FOR DELAY IN COMPLETION. 30.1 29.1 If Completion does not occur by the Date for Completion, due to the default of either party, the party who is at fault must pay the other party as liquidated damages on Completion: (a) interest on the Price at the rate of 10% per annum calculated on a daily basis from the Date for Completion to CompletionCompletion (inclusive); and (b) the amount of $660 660.00 (including GST) to be applied towards any legal costs and disbursements incurred by the party not at default if Completion occurs later than 5 Working Days after the Date for Completion. 30.2 29.2 The party at fault must pay the amount specified in clause 30.1 29.1 in addition to any other damages to which the party not at fault is entitled both at law and under this Contract. 30.3 29.3 The parties agree that: (a) the amount of any damages payable under clauses 30.1(aclause 29.1(a) to the party not in default is a genuine and honest pre-estimate of loss to that party for the delay in Completion, and ; and (b) the damages must be paid on Completion.

DAMAGES FOR DELAY IN COMPLETION. 30.1 If Completion does not occur by the Date for Completion, due to the default of either party, the party who is at fault must pay the other party as liquidated damages on Completion:Completion:‌ (a) interest on the Price at the rate of 10% per annum calculated on a daily basis from the Date for Completion to Completion; Completion;‌ and (b) the amount of $660 (including GST) to be applied towards any legal costs and disbursements incurred by the party not at default if Completion occurs later than 5 Working Days after the Date for Completion. 30.2 The party at fault must pay the amount specified in clause 30.1 in addition to any other damages to which the party not at fault is entitled both at law and under this Contract. 30.3 The parties agree that: (a) the amount of any damages payable under clauses 30.1(a) to the party not in default is a genuine and honest pre-estimate of loss to that party for the delay in Completion, and (b) the damages must be paid on Completion.

DAMAGES FOR DELAY IN COMPLETION. 30.1 32.1 If Completion does not occur by the Date for Completion, due to the default of either party, the party who is at fault must pay the other party as liquidated damages on Completion: (a) interest on the Price at the rate of 10% per annum calculated on a daily basis from the date 7 days after the Date for Completion to Completion; and (b) the amount of $660 (including GST) to be applied towards any legal costs and disbursements incurred by the party not at default if Completion occurs later than 5 Working Days 7 days after the Date for Completion. 30.2 32.2 The party at fault must pay the amount specified in clause 30.1 32.1 in addition to any other damages to which the party not at fault is entitled both at law and under this Contract. 30.3 32.3 The parties agree that: (a) the amount of any damages payable under clauses 30.1(aclause 32.1(a) to the party not in default is a genuine and honest pre-estimate of loss to that party for the delay in Completion, and (b) the damages must be paid on Completion.

DAMAGES FOR DELAY IN COMPLETION. 30.1 ‌ 33.1 If Completion does not occur by the Date for Completion, due to the default of either party, the party who is at fault must pay the other party as liquidated damages on Completion:Completion:‌ (a) interest on the Price at the rate of 10% per annum calculated on a daily basis from the date 7 days after the Date for Completion to Completion; Completion;‌ and (b) the amount of $660 550 (including GST) to be applied towards any legal costs and disbursements incurred by the party not at default if Completion occurs later than 5 Working Days 7 days after the Date for Completion. 30.2 33.2 The party at fault must pay the amount specified in clause 30.1 33.1 in addition to any other damages to which the party not at fault is entitled both at law and under this Contract. 30.3 33.3 The parties agree that: (a) the amount of any damages payable under clauses 30.1(a33.1(a) to the party not in default is a genuine and honest pre-estimate of loss to that party for the delay in Completion, and (b) the damages must be paid on Completion.

DAMAGES FOR DELAY IN COMPLETION. 30.1 If Completion does not occur by the Date for Completion, due to the default of either party, the party who is at fault must pay the other party as liquidated damages on Completion:Completion:‌‌‌ (a) interest on the Price at the rate of 10% per annum calculated on a daily basis from the Date for Completion to Completion; and (b) the amount of $660 (including GST) to be applied towards any legal costs and disbursements incurred by the party not at default if Completion occurs later than 5 Working Days after the Date for Completion. 30.2 The party at fault must pay the amount specified in clause 30.1 in addition to any other damages to which the party not at fault is entitled both at law and under this Contract. 30.3 The parties agree that: (a) the amount of any damages payable under clauses 30.1(a) to the party not in default is a genuine and honest pre-estimate of loss to that party for the delay in Completion, and (b) the damages must be paid on Completion.