LIABILITY FOR DELAYS Sample Clauses

LIABILITY FOR DELAYS. The Buyer is entitled to charge a contractual penalty for delay in the delivery of the Products. The amount of the contractual penalty will be 0.3% of the Total Purchase Price for each full week of delay. The total amount of such contractual penalty for the Equipment shall in no event exceed 10% of the Total Purchase Price for the Products delivered late. The payment of the contractual penalty does not exclude the Buyer's right to pursue supplementary claims from the Seller on general terms, however, it does not release the Seller from the obligation to complete and deliver the Products or from any other obligation under the Agreement.
AutoNDA by SimpleDocs
LIABILITY FOR DELAYS. No liability shall be attached to Manufacturer for direct, indirect incidental or consequential damages or expenses due to loss, damage, detention, or delay in delivery of Products resulting from acts or delays beyond its control.
LIABILITY FOR DELAYS. Subcontractor shall be responsible for all liabilities, damages, losses, and costs Contractor incurs as a result of delays caused by Subcontractor.
LIABILITY FOR DELAYS missed connections and cancellations
LIABILITY FOR DELAYS. (1) If the Contractor is unable to deliver/provide a product/service on time due to delays for which it or its subcontractors are responsible, the Client shall be entitled - in addition to further statutory claims - to lump-sum compensation for the damage caused by the delay in the amount of 1% of the net price/agreed remuneration per completed calendar week, but not more than 5% of the net price of the goods delivered late/remuneration for the service provided late. The Client reserves the right to prove that higher damages have been incurred. The Contractor reserves the right to prove that no loss at all or only a significantly lower loss has been incurred. (2) If delays occur due to an obstacle that can be avoided by incurring additional costs, the Contractor shall inform the Client immediately of possible measures to avoid or reduce the delays and the associated additional costs. The decision on this is the responsibility of the client and must be authorised by written confirmation.

Related to LIABILITY FOR DELAYS

  • Liability for Damages 1. The Purchaser shall be liable for any damages sustained by the State arising from Purchaser’s breach of the terms of this Contract and the State may cause all or part of the performance bond to be forfeited to recover such damages. 2. In the event that a portion of the timber sale under this Contract is resold as a result of the Purchaser’s forfeiture and the stumpage rate pursuant to the resold contract is lower than the stumpage rate provided herein, the difference between the original rate and the new rate shall be considered damages and the Purchaser shall be liable to the State for those damages. The State may cause all or part of the Purchaser’s performance bond to be forfeited to recover such damages.

  • Damages for delay Subject to the provisions of Clause 12.4, if COD does not occur prior to the 91st day after the Scheduled Completion Date, unless the delay is on account of reasons solely attributable to the Authority or due to Force Majeure, the Concessionaire shall pay Damages to the Authority in a sum calculated at the rate of 0.1% (zero point one per cent) of the amount of Performance Security for delay of each day until COD is achieved.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!