Late Delivery. If Seller fails to perform the services or deliver the Deliverables in accordance with the delivery or performance schedules, or any extension thereof, specified in the Order or otherwise established between the Parties, the Parties mutually agree that, because time is of the essence, the services or Deliverables have a diminished value for Buyer and the price payable therefor shall accordingly be reduced by two-thirds of one percent (0.6667%) of the original price per calendar day of delay. Such price adjustment is without prejudice to any other rights or remedies provided by law or under this Order to Buyer.
Appears in 7 contracts
Samples: Aoi Purchase, Aoi Purchase, Aoi Purchase
