Common use of INEXCUSABLE DELAY Clause in Contracts

INEXCUSABLE DELAY. 11.1 Should an Aircraft not be ready for delivery to the Buyer within thirty (30) days after the date specified in this Agreement (as such date may otherwise be changed pursuant to this Agreement) for reasons other than as are covered by Clause 10 or for circumstances specified in Subclause 11.6 ("Inexcusable Delay"), the Buyer will, in respect of any subsequent delay in delivery of such Aircraft, have the right to claim and the Seller will in respect of any subsequent delay, at the Buyer's option, pay or credit to the Buyer as liquidated damages for such subsequent delay in delivery of such Aircraft US $*** (US dollars-***) for each day of subsequent delay in the delivery, until the date of actual delivery or the effective date of the written notice of termination referred to in Subclause 11.4 plus any amount referred to in Subclause 11.4.

Appears in 3 contracts

Samples: Letter Agreement (Us Airways Inc), Letter Agreement (Us Airways Inc), Letter Agreement (Us Airways Inc)

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INEXCUSABLE DELAY. 11.1 Should an Aircraft not be ready for delivery to the Buyer within thirty (30) days after the date specified in this Agreement (as such date may otherwise be changed pursuant to this Agreement) for reasons other than as are covered by Clause 10 or for circumstances specified in Subclause 11.6 ("Inexcusable Delay"), the Buyer will, in respect of any subsequent delay in delivery of such Aircraft, have the right to claim and the Seller will in respect of any subsequent delay, at the Buyer's option, pay or credit to the Buyer as liquidated damages for such subsequent delay in delivery of such Aircraft US $$ *** (US dollars-dollars--***) for each day of subsequent delay in the delivery, until the date of actual delivery or the effective date of the written notice of termination referred to in Subclause 11.4 plus any amount referred to in Subclause 11.4.. ----

Appears in 1 contract

Samples: Letter Agreement (Us Airways Inc)

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