Common use of Damages for delay Clause in Contracts

Damages for delay. XXXXX X. XXXXXXXXX Pres. & COO, PAGCOR The CONTRACTOR shall pay a penalty of one-tenth of one percent (1/10 of 1%) of the total contract price for each day of delay, including Sundays and Holidays, beyond the specific period for the delay in the delivery of the System to PAGCOR and/or in the performance of the allied services in Article I. Once the cumulative amount of liquidated damages reaches ten percent (10%) of the amount of the contract, PAGCOR shall have the option to rescind the contract, without prejudice to other courses of action and remedies open to it. In case the CONTRACTOR still fails to provide the System and the allied services after the lapse of thirty (30) days from the supposed date scheduled by PAGCOR, in addition to the penalties agreed upon, PAGCOR shall have the option to terminate the agreement.

Damages for delay. XXXXX X. XXXXXXXXX PresThe CONTRACTOR shall completely perform the Services within the time prescribed in Article III herein. & COOShould the CONTRACTOR incur delay in its performance, PAGCOR The the CONTRACTOR shall pay a penalty of one-tenth of one percent (1/10 of 1%) of the total contract price cost of the undelivered/unperformed Services for each day of delay, including Sundays and Holidays, beyond the specific period for the delay in the delivery period. The maximum deduction shall be ten percent (10%) of the System to PAGCOR and/or in the performance amount of the allied services in Article I. Contract. Once the cumulative amount of liquidated damages reaches ten percent (10%) of the amount of the contractContract, PAGCOR shall have the option to rescind the contractContract, without prejudice to other courses of action and remedies open to it. In case the CONTRACTOR still fails to provide perform the System and the allied services Services after the lapse of thirty (30) days from the supposed date scheduled by PAGCORof completion as provided for herein, in addition to the penalties agreed uponforfeiture of the performance security, PAGCOR shall have the option to terminate the agreementcontract.

Damages for delay. XXXXX X. XXXXXXXXX PresContractor shall complete the delivery of the item within the time prescribed in Article V hereof. & COOShould CONTRACTOR incur delay in its performance, PAGCOR The CONTRACTOR Contractor shall pay a penalty of one-tenth of one percent (1/10 of 1%) of the total contract price cost of the undelivered item for each day of delay, including Sundays and Holidays, beyond the specific period for the delay in the delivery period. The maximum deduction shall be ten percent (10%) of the System to PAGCOR and/or in the performance amount of the allied services in Article I. contract. Once the cumulative amount of liquidated damages reaches ten percent (10%) of the amount of the contract, PAGCOR shall have the option to rescind the contract, without prejudice to other courses of action and remedies open to it. In case the CONTRACTOR Contractor still fails to provide deliver the System and the allied services item after the lapse of thirty (30) 30 days from the supposed date scheduled by PAGCORof delivery as provided for in Article V, in addition to the forfeiture of the bond and the penalties agreed upon, PAGCOR shall have the option to terminate the agreement.

Damages for delay. XXXXX X. XXXXXXXXX PresCONTRACTOR shall complete the delivery of the item within the time prescribed in Article IV hereof. & COOShould CONTRACTOR incur delay in its performance, PAGCOR The CONTRACTOR shall pay a penalty of one-tenth of one percent (1/10 of 1%) of the total contract price cost of the undelivered service for each day of delay, including Sundays and Holidays, beyond the specific period for the delay in the delivery period. The maximum deduction shall be ten percent (10%) of the System to PAGCOR and/or in the performance amount of the allied services in Article I. contract. Once the cumulative amount of liquidated damages reaches ten percent (10%) of the amount of the contract, PAGCOR shall have the option to rescind the contract, without prejudice to other courses of action and remedies open to it. In case the CONTRACTOR still fails to provide the System and the allied services after the lapse of thirty (30) the 30 days from the supposed date of services scheduled by PAGCOR, in addition to the forfeiture of the bond and the penalties agreed upon, PAGCOR shall have the option to terminate the agreementService Contract. .

Damages for delay. XXXXX X. XXXXXXXXX PresThe CONTRACTOR shall complete the implementation of the Services within the time prescribed in Article IV hereof. & COOShould CONTRACTOR incur delay in its performance, PAGCOR The CONTRACTOR shall pay a penalty of one-tenth of one percent (1/10 of 1%) of the total contract price cost of the undelivered item for each day of delay, including Sundays and Holidays, beyond the specific period for the delay in the delivery period. The maximum deduction shall be ten percent (10%) of the System to PAGCOR and/or in the performance amount of the allied services in Article I. Contract. Once the cumulative amount of liquidated damages reaches ten percent (10%) of the amount of the contractContract, PAGCOR shall have the option to rescind the contractContract, without prejudice to other courses of action and remedies open to it. In case the CONTRACTOR still fails to provide deliver the System and the allied services item after the lapse of thirty (30) 15 days from the supposed date scheduled by PAGCOR, of implementation as provided for in addition to the penalties agreed uponArticle IV, PAGCOR shall likewise have the option to terminate the agreementContract, without prejudice to other courses of action and remedies open to it.

Damages for delay. XXXXX X. XXXXXXXXX PresContractor shall complete the delivery of the item within the time prescribed in Article IV hereof. & COOShould CONTRACTOR incur delay in its performance, PAGCOR The CONTRACTOR Contractor shall pay a penalty of one-tenth of one percent (1/10 of 1%) of the total contract price cost of the unperformed portion for each day of delay, including Sundays and Holidays, beyond the specific period for the delay in the delivery period. The maximum deduction shall be ten percent (10%) of the System to PAGCOR and/or in the performance amount of the allied services in Article I. contract. Once the cumulative amount of liquidated damages reaches ten percent (10%) of the amount of the contract, PAGCOR shall have the option to rescind the contract, without prejudice to other courses of action and remedies open to it. In case the CONTRACTOR Contractor still fails to provide deliver the System and the allied services item after the lapse of thirty (30) calendar days from the supposed date scheduled by PAGCORof delivery as provided for in Article IV, in addition to the forfeiture of the bond and the penalties agreed upon, PAGCOR shall have the option to terminate the agreement.

Damages for delay. XXXXX X. XXXXXXXXX PresThe Contractor shall complete the delivery of the service within the time prescribed in Article V hereof. & COOShould the CONTRACTOR incur delay in its performance, PAGCOR The CONTRACTOR the Contractor shall pay a penalty of one-tenth of one percent (1/10 of 1%) of the total contract price cost of the undelivered service for each day of delay, including Sundays and Holidays, beyond the specific period for the delay in the delivery period. The maximum deduction shall be ten percent (10%) of the System to PAGCOR and/or in the performance amount of the allied services in Article I. contract. Once the cumulative amount of liquidated damages reaches ten percent (10%) of the amount of the contract, PAGCOR shall have the option to rescind the contract, without prejudice to other courses of action and remedies open to it. In case the CONTRACTOR Contractor still fails to provide deliver the System and the allied services service after the lapse of thirty (30) 30 days from the supposed date scheduled by PAGCORof delivery as provided for in Article V, in addition to the forfeiture of the bond and the penalties agreed upon, PAGCOR shall have the option to terminate the agreementContract.