Damages for Failure to Fulfill Term or to Timely Notify Sample Clauses

Damages for Failure to Fulfill Term or to Timely Notify. If, as noted in Section 5.2.1 above, Physician fails to give timely, written notice to the Chair and/or Xxxx of his/her intention to resign before the current term of the Agreement ends, Physician shall be liable for liquidated damages to University as follows: (1) an amount equal to the number of months' net salary which s/he would receive from University had s/he completed his/her employment under the Agreement; and, (2) all travel, relocation, moving, recruitment, start-up and continuing medical education expenses provided by University from initial date of appointment. For purposes of determining the term of the Agreement, all academic appointments are considered to run through August 31 of the then current academic year. This section shall apply irrespective of Articles VI and VIII herein below.

Damages for Failure to Fulfill Term or to Timely Notify. If, as noted in Section 5.2.1 above, Physician fails to give timely, written notice to the Chair and/or Xxxx of his/her intention to resign before the current term of the Agreement ends, Physician acknowledges University would suffer monetary loss and damage, which loss and damage is, and would be, difficult, if not impossible, to estimate. Physician agrees that should such a failure to provide timely notice occur, that, in addition to all other remedies available to University, Physician shall be liable for liquidated damages to University as follows: (1) an amount equal to the net salary which s/he would receive from University had s/he completed his/her employment under the Agreement; and, (2) all travel, relocation, moving, recruitment, start-up and continuing medical education expenses provided by University from initial date of appointment. For purposes of determining the term of the Agreement, all academic appointments are considered to run through August 31 of the then current academic year. This section shall apply irrespective of Articles VI and VIII hereinbelow.

Damages for Failure to Fulfill Term or to Timely Notify. If, as noted in Section 5.1.1 above, Physician fails to give timely written notice to the Chair and/or Xxxx of his/her intention to resign before the current term of the Agreement ends, Physician shall be liable for payment to University for all travel/relocation/moving expenses provided by University from initial date of appointment. For purposes of determining the term of the Agreement, all academic appointments are considered to run through August 31 of the then current academic year. This section shall apply irrespective of Sections VII and VIII here in below, et seq.