Common use of Financial Consequences Clause in Contracts

Financial Consequences. The Department shall apply the following financial consequences for failure to perform the minimum level of services required by this Agreement in accordance with Sections 215.971 and 287.058, Florida Statutes: The Department shall require the return of the award in a prorated amount based upon the percentage of time that the library failed to perform the minimum level of services. The prorated reduction will be in the same percentage as the percentage of time that the library was not providing minimum level of services.

Financial Consequences. The Department shall sha l apply the following fo lowing financial consequences for failure to perform the minimum level of services required by this Agreement in accordance with Sections 215.971 and 287.058, Florida Statutes: The Department shall sha l require the return of the award in a prorated amount based upon the percentage of time that the library failed to perform the minimum level of services. The prorated reduction will wil be in the same percentage as the percentage of time that the library was not providing minimum level of services.

Financial Consequences. The Department shall sha l apply the following fo lowing financial consequences for failure to perform the minimum level performthe minimumlevel of services required by this Agreement in accordance with Sections 215.971 and 287.058, Florida Statutes: The Department shall sha l require the return of the award in a prorated amount based upon the percentage of time that the library failed to perform the minimum level performthe minimumlevel of services. The prorated reduction will wil be in the same percentage as the percentage of time that the library was not providing minimum level minimumlevel of services.