Liquidated Damage. All the goods ordered shall be delivered within 15 days from the date of issue of purchase order. All the aspects of safe delivery shall be the exclusive responsibility of the supplier. If the supplier fails to deliver the goods on or before the stipulated date, then a penalty at the rate of 0.5% per week of the total order value shall be levied subject to maximum of 10% of the total order value.
Appears in 25 contracts
Samples: Rate Contract, Rate Contract, Rate Contract
