LIQUIDATED DAMAGES CAP Sample Clauses

LIQUIDATED DAMAGES CAP. 22.3.1 The total amount of Contractor’s obligations to pay Schedule Delay Liquidated Damages pursuant to Section 22.2 shall not exceed the following amounts: (a) LPS1 Schedule Delay Liquidated Damages shall not exceed [***] (the “LPS1 Schedule Delay Liquidated Damages Cap”); (b) LPS2 Schedule Delay Liquidated Damages shall not exceed [***] (the “LPS2 Schedule Delay Liquidated Damages Cap”); (c) LPS3 Schedule Delay Liquidated Damages shall not exceed [***] (the “LPS3 Schedule Delay Liquidated Damages Cap”); (d) LPS4 Schedule Delay Liquidated Damages shall not exceed [***] (the “LPS4 Schedule Delay Liquidated Damages Cap”); and (e) Facility Schedule Delay Liquidated Damages shall not exceed [***] (the “Facility Schedule Delay Liquidated Damages Cap”). 22.3.2 If at any time Contractor is as a result of the operation of Section 22.3.1 no longer liable hereunder to pay Schedule Delay Liquidated Damages, then Owner may terminate this Agreement in accordance with Sections 31.1.16 and 31.4 or continue to permit Contractor to progress the Work in accordance with the requirements of this Agreement.
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LIQUIDATED DAMAGES CAP. O&M Contractor’s maximum aggregate annual liability for Performance Liquidated Damages, XXXX Availability Liquidated Damages and XXXX XX Efficiency Liquidated Damages under Sections 10.2, 10.3, and
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LIQUIDATED DAMAGES CAP. Notwithstanding anything contained in Sections 2(a)(i), 2(a)(ii) and 2(c)(i) to the contrary, the maximum liquidated damages payment an Investor may receive pursuant to the provisions of those sections shall equal 5% of the aggregate purchase price paid by such Investor for the Shares pursuant to the Purchase Agreement.
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LIQUIDATED DAMAGES CAP. The amount of Liquidated Damages (whether paid or payable) equals or exceeds the maximum aggregate liability for Liquidated Damages as provided in Section 13.3;
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LIQUIDATED DAMAGES CAP. The total amount of Liquidated Damages -payable under the Contract shall not exceed the sum of 10% of the Contract Price ("LD Cap"). Notwithstanding it is hereby clarified that in the event of breach of the Contract by the Contractor, which event leads to termination of the Contract by Municipality, the aforesaid LD Cap shall not apply and Municipality shall not be prevented from seeking actual damages incurred in any event it had experienced due to such breach, actual damages which exceed the LD Cap.
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Related to LIQUIDATED DAMAGES CAP

  • Liquidated Damages The Company’s obligations to pay any partial liquidated damages or other amounts owing under the Transaction Documents is a continuing obligation of the Company and shall not terminate until all unpaid partial liquidated damages and other amounts have been paid notwithstanding the fact that the instrument or security pursuant to which such partial liquidated damages or other amounts are due and payable shall have been canceled.

  • Delay Liquidated Damages Delay Liquidated Damages has the meaning set out in GC 7.6.1.

  • CONTRACT TIME AND LIQUIDATED DAMAGES (7-1-95) (Rev. 12-18-07) 108 SP1 G10 A The date of availability for this contract is August 31, 2015. The completion date for this contract is October 15, 2016. Except where otherwise provided by the contract, observation periods required by the contract will not be a part of the work to be completed by the completion date and/or intermediate contract times stated in the contract. The acceptable completion of the observation periods that extend beyond the final completion date shall be a part of the work covered by the performance and payment bonds. The liquidated damages for this contract are One Thousand Dollars ($1,000.00) per calendar day.

  • Withholding for unpaid wages and liquidated damages The FHWA or the contacting agency shall upon its own action or upon written request of an authorized representative of the Department of Labor withhold or cause to be withheld, from any moneys payable on account of work performed by the contractor or subcontractor under any such contract or any other Federal contract with the same prime contractor, or any other federally-assisted contract subject to the Contract Work Hours and Safety Standards Act, which is held by the same prime contractor, such sums as may be determined to be necessary to satisfy any liabilities of such contractor or subcontractor for unpaid wages and liquidated damages as provided in the clause set forth in paragraph (2.) of this section.

  • Violation; liability for unpaid wages; liquidated damages In the event of any violation of the clause set forth in paragraph (1.) of this section, the contractor and any subcontractor responsible therefor shall be liable for the unpaid wages. In addition, such contractor and subcontractor shall be liable to the United States (in the case of work done under contract for the District of Columbia or a territory, to such District or to such territory), for liquidated damages. Such liquidated damages shall be computed with respect to each individual laborer or mechanic, including watchmen and guards, employed in violation of the clause set forth in paragraph (1.) of this section, in the sum of $10 for each calendar day on which such individual was required or permitted to work in excess of the standard workweek of forty hours without payment of the overtime wages required by the clause set forth in paragraph (1.) of this section.

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