Common use of Damages for delay Clause in Contracts

Damages for delay. The CONTRACTOR shall completely perform the Services within the time prescribed in Article III herein. Should the CONTRACTOR incur delay in its performance, the CONTRACTOR shall pay a penalty of one-tenth of one percent (1/10 of 1%) of the cost of the undelivered/unperformed Services for each day of delay, including Sundays and Holidays, beyond the specific period. The maximum deduction shall be ten percent (10%) of the amount of the 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 perform the Services after the lapse of thirty (30) days from the supposed date of completion as provided for herein, in addition to the forfeiture of the performance security, PAGCOR shall have the option to terminate the contract.

Damages for delay. The CONTRACTOR shall completely perform complete the Services delivery of the item within the time prescribed in Article III hereinIV hereof. Should the CONTRACTOR incur delay in its performance, the CONTRACTOR shall pay a penalty of one-tenth of one percent (1/10 of 1%) of the total cost of the undelivered/unperformed Services undelivered service for each day of delay, including Sundays and Holidays, beyond the specific period. The maximum deduction shall be ten percent (10%) of the amount of the Contractcontract. 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 perform provide the Services services after the lapse of thirty (30) the 30 days from the supposed date of completion as provided for hereinservices scheduled by PAGCOR, in addition to the forfeiture of the performance securitybond and the penalties agreed upon, PAGCOR shall have the option to terminate the contractService Contract. .

Damages for delay. The CONTRACTOR shall completely perform complete the implementation of the Services within the time prescribed in Article III hereinIV hereof. Should the CONTRACTOR incur delay in its performance, the CONTRACTOR shall pay a penalty of one-tenth of one percent (1/10 of 1%) of the total cost of the undelivered/unperformed Services undelivered item for each day of delay, including Sundays and Holidays, beyond the specific period. The maximum deduction shall be ten percent (10%) of the amount of the 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 perform deliver the Services item after the lapse of thirty (30) 15 days from the supposed date of completion implementation as provided for herein, in addition to the forfeiture of the performance securityArticle IV, PAGCOR shall likewise have the option to terminate the contractContract, without prejudice to other courses of action and remedies open to it.

Damages for delay. The CONTRACTOR Contractor shall completely perform complete the Services delivery of the service within the time prescribed in Article III hereinV hereof. Should the CONTRACTOR incur delay in its performance, the CONTRACTOR Contractor shall pay a penalty of one-tenth of one percent (1/10 of 1%) of the total cost of the undelivered/unperformed Services undelivered service for each day of delay, including Sundays and Holidays, beyond the specific period. The maximum deduction shall be ten percent (10%) of the amount of the Contractcontract. 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 Contractor still fails to perform deliver the Services service after the lapse of thirty (30) 30 days from the supposed date of completion delivery as provided for hereinin Article V, in addition to the forfeiture of the performance securitybond and the penalties agreed upon, PAGCOR shall have the option to terminate the contractContract.

Damages for delay. The CONTRACTOR Contractor shall completely perform complete the Services delivery of the item within the time prescribed in Article III hereinIV hereof. Should the CONTRACTOR incur delay in its performance, the CONTRACTOR Contractor shall pay a penalty of one-tenth of one percent (1/10 of 1%) of the total cost of the undelivered/unperformed Services portion for each day of delay, including Sundays and Holidays, beyond the specific period. The maximum deduction shall be ten percent (10%) of the amount of the Contractcontract. 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 Contractor still fails to perform deliver the Services item after the lapse of thirty (30) calendar days from the supposed date of completion delivery as provided for hereinin Article IV, in addition to the forfeiture of the performance securitybond and the penalties agreed upon, PAGCOR shall have the option to terminate the contractagreement.

Damages for delay. The CONTRACTOR Contractor shall completely perform complete the Services delivery of the item within the time prescribed in Article III hereinV hereof. Should the CONTRACTOR incur delay in its performance, the CONTRACTOR Contractor shall pay a penalty of one-tenth of one percent (1/10 of 1%) of the total cost of the undelivered/unperformed Services undelivered item for each day of delay, including Sundays and Holidays, beyond the specific period. The maximum deduction shall be ten percent (10%) of the amount of the Contractcontract. 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 Contractor still fails to perform deliver the Services item after the lapse of thirty (30) 30 days from the supposed date of completion delivery as provided for hereinin Article V, in addition to the forfeiture of the performance securitybond and the penalties agreed upon, PAGCOR shall have the option to terminate the contractagreement.