Common use of Damages for Failure to Fulfill Term or to Timely Notify Clause in Contracts

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, 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 Sections VI and VIII herein belowhereinbelow.

Damages for Failure to Fulfill Term or to Timely Notify. If, as noted in Section 5.2.1 above, Physician fails to give timely, 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 Sections VI and VIII herein below.