LIQUIDATED DAMAGES CLAUSE. The USD #251 North Lyon County Board of Education may consider teacher resignations after the notification deadline on a case by case basis and reserves the right to charge liquidated damages as follows: 30-59 days after notification deadline - $500, 60-89 days after notification deadline - $750, and after 90 days - $1,000.
LIQUIDATED DAMAGES CLAUSE. Once a contract is signed, it is assumed that teachers will not request a release during the term of the contract. It is mutually acknowledged that termination of a contract by the teacher, prior to the completion of the contract terms, results in damages to the School District which are impractical or extremely difficult to actually ascertain. In an effort to fix compensation which bears a reasonable relationship to probable damages and which is not disproportionate to reasonably anticipated damages, the following sum shall be paid by a teacher requesting a release from contract which is approved by the school board. Release Requested During Period From: May 15th ~ June 30th $ 300 July 1st ~ July 15th $ 600 July 16th ~ July 31st $1,000 August 1st ~ August 15th $1,200 August 15th ~ End of Term $1,400 Nothing contained herein shall be construed to mean that the Board must release the teacher upon payment of the above amount. The school board may, in its sole discretion and by reason of extenuating circumstances, waive part or all of such liquidated damages.
LIQUIDATED DAMAGES CLAUSE. Once a contract is signed it is assumed that teachers will not request a release during the term of the contract. It is mutually acknowledged that a termination of this contract by the teacher, prior to the completion of the contract terms, results in damages to the school district which are extremely difficult to actually ascertain. In an effort to fix a compensation which bears a reasonable relationship to probable damages and which is not disproportionate to reasonable anticipated damages, the following sum shall be paid by a teacher requesting a release from contract which is approved by the school board. Release requested during the period from: Date of Acceptance- June 30 $1000.00 July 1 - July 15 1500.00 July 16 - July 31 2000.00 August 1 - end of term 2500.00 The school board may, in its sole discretion and by reason of extenuating circumstances, release a teacher from their contract and/or waive part of or all of such liquidated damages.
LIQUIDATED DAMAGES CLAUSE. An amount equivalent to two days of contract amount, subject to a minimum of Rs.2000/- will be levied as liquidated damages per day. Whenever and wherever it is found that the work is not up to the mark in any Section, it will be brought to the notice of the agency/firm by ICAR/CAZRI, RRS, Bikaner and if no action is taken within one hour liquidated damages clause will be invoked.
LIQUIDATED DAMAGES CLAUSE. Allows the non-breaching party to recover damages in the event that actual damages are difficult to calculate. However, the amount of liquidated damages needs to be reasonable in light of the circumstances.
LIQUIDATED DAMAGES CLAUSE x. Xxxxxxxxxx shall be responsible for the faithful compliance of scope of work mentioned in Xxxxxxxx XX.
b. Any authorized person viz., Sr. Administrative Officer or any higher authorities may inspect the premises to see the work carried out by the agency.
c. Shortfall, if any, will be communicated to the agency/ contractor in writing/ email by Institute. In the event of any shortfall or services found unsatisfactory, Liquidated Damage clause will be invoked by levying a penalty @10% of the bill. The Liquidated Damage amount will be deducted from bill of the agency.
d. After three such incidents of un-satisfactory reports, the contract shall be liable to be terminated. Performance Security will also be withheld in full or part. Final decision for invoking penalty will be taken at the level of Director, ICAR-CICR, Nagpur.
LIQUIDATED DAMAGES CLAUSE of contract amount per day subject to max 5% of contract value for not attending the breakdown emergency calls. The penalty/ xxxxx will be imposed as under:
LIQUIDATED DAMAGES CLAUSE. 8.2.1 If in accordance with Article 8.2 of the General Conditions (Schedule 1), the Minister declares that an event of default has occurred and directs the Proponent to transfer and deliver to the Minister, title to, possession of, and all rights of the Proponent in the Intellectual Property, then the Proponent shall immediately comply or as an alternative, the Proponent may offer to pay a settlement amount (“the Settlement Amount”), as determined by the formula in Article 8.2.2, and the Minister shall accept this offer.
8.2.2 The Settlement Amount shall be $30,396,000 which is approximately one and a half (1½) times the cumulative royalty payment amount of $20,264,000 referred to in Article A. 2.2 of Schedule 4. If some repayments have already been made to the Minister under Section A (“the Payments to Minister”) of Schedule 4, the Settlement Amount shall be reduced by the repayments so paid by the Proponent. In the event that the total TPC contribution disbursed falls short of its maximum authorized amount of $9,265,620 million at no fault of the Proponent, the Settlement Amount shall be pro-rated downward to reflect the actual contribution made by the Minister.
8.2.3 The Settlement Amount due to the Minister under Article 8.2 shall be paid by the Proponent within thirty (30) days of the Minister directing the Proponent to transfer and deliver to the Minister, title to, possession of, and all rights of the Proponent in the Intellectual Property, otherwise the Proponent shall immediately comply with the Minister’s direction regarding the Intellectual Property.
8.2.4 The Minister and the Proponent agree that if the Settlement Amount, as determined by the formula in Article 8.2.2, is paid in full by the Proponent, then the Agreement is deemed to be terminated in accordance with Section 7 of the General Conditions (Schedule 1).
LIQUIDATED DAMAGES CLAUSE. An amount of Rs. 5000 from the contract amount or the actual cost of loss will be levied as liquidated damages per day/per case whenever and wherever it is found that the work is not up to the mark in any section. It will be brought to the notice of the supervisory staff of the firm by the ICAR and if no action is taken within 24 hours liquidated damages clauses will be increased.
LIQUIDATED DAMAGES CLAUSE. Any breach or non-fulfillment of conditions will be considered a substantial breach of this agreement by you. If there is such a breach (Employer) may, at its option, terminate this agreement immediately. In addition, it is agreed that will be substantially damaged by
