Common use of Delayed Delivery Clause in Contracts

Delayed Delivery. 1. The Supplier shall be liable to the Buyer for any losses due to late delivery. 2. The amount of damages shall depend on the extent of the delay. Unless otherwise provided, 1% of the order value shall be payable in damages for each week of delay that has commenced prior to delivery. 3. The Buyer reserves the right to claim greater proven damages. 4. If we accept late delivery or performance without reservation, that shall not be deemed a renunciation of any damages to which we are entitled for late delivery or performance.

Appears in 6 contracts

Samples: General Terms and Conditions of Purchase, General Terms and Conditions of Purchase, General Terms and Conditions of Purchase

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