Liquidated Damages or Penalty Sample Clauses

Liquidated Damages or Penalty. Time is an important factor of the contract therefore the job, as ordered, should be completed on the dates mutually agreed upon in accordance with the delivery schedule. In cases of delay not attributable to Purchaser beyond the agreed schedule, the Supplier / Contractor shall pay liquidated damages, a sum representing 0.5% (Half per cent) per week or part thereof, subject to maximum of 5% on the value of delayed job will levied from the invoice amount.
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Liquidated Damages or Penalty. 1. In case, quality/quantity of any one of the items served is found to be poor, cost of such items shall not be paid. In addition penalty of Rs. 2000/- shall be levied per reported & proved incident. The Admin Department will verify and examine the complaints for deciding applicability and levying of penalty. The decision of Admin department shall be final and binding.
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Liquidated Damages or Penalty. All commodities furnished will be subject to inspection and acceptance after delivery. Failure to meet specifications authorizes the Office of State Procurement to cancel this contract or any portion of same and reasonably purchase commodities elsewhere and charge full increase, if any, in cost and handling to the defaulting contractor. Liquidated damages imposed by the state against the contractor for failure to meet the delivery schedule will be one percent (1%) of the invoice amount for each working day beyond the specified delivery time. The contractor shall be relieved of delays due to causes beyond his control such as acts of God, national emergency, strikes or fire. The Office of State Procurement will assess penalties for late delivery in all cases except those approved by the Office of State Procurement that relate to causes beyond the contractor's control. The contractor must notify, in writing, on a timely basis, the Office of State Procurement of such developments stating reason, justification and extent of delay. Other liquidated damages provided for in this contract must be verified and approved in writing by the Office of State Procurement prior to application by the ordering agency. When the time does not allow for reordering or acceptance of an inferior commodity may result in a liquidated damage of up to 20 percent (20%) of the invoice price or $500, whichever is smaller. OUTLINE AGREEMENT AWARD TERMS & CONDITIONS
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Liquidated Damages or Penalty. Time is an important factor of the contract therefore the job, as ordered, should be completed on the dates mutually agreed upon in accordance with the delivery schedule. In cases of delay not attributable to Purchaser beyond the agreed schedule, penalty / LD levied @Rs 200/- per day beyond the time limit subject to maximum of 03 weeks. Firm should collect the equipment within a week from the date of intimation for inspection/ Servicing of Rescue Kit and deliver the same to MDL(East Yard- Safety dept )after work completion.
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Liquidated Damages or Penalty. Time is an important factor of the contract therefore the job, as ordered, should be completed on the dates mutually agreed upon in accordance with the delivery schedule. In cases of delay not attributable to Purchaser beyond the agreed schedule, the Supplier / Contractor shall pay liquidated damages, a sum representing 0.5% (Half per cent) per week or part thereof, subject to maximum of 5% on the value of delayed job. Date of successful completion of entire scope of work as mentioned in Scope of Work (including, Pre-dispatch Inspection, Repair, Testing and Commissioning) shall be considered for date of delivery for purpose of levy of liquidated damages unless specifically mentioned otherwise. In case of any delay attributable to MDL as certified by the officer in the rank of Chief Manager and above from the concerned department, such period will not be considered for the purpose of levy of liquidated damages
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Liquidated Damages or Penalty. Time is the essence of a Contract / PO. Any absenteeism of scanning operators together for more than 5 days in a month will attract LD / Penalty of Rs. 250/- per absent man-day beyond 5 days per month subject to maximum 10 days per month.
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Liquidated Damages or Penalty. X.Xx. Nature of Default Description of default Penalties for Maintenance contract I st Instance 2nd Instance 3rd Instance 1 Delay in carrying out 'Type of Service' specified Delay beyond 48 hrs. 2% of service cost 3% of service cost 5% of service cost 2 Failure to deliver pest control services Service not provided 3% of service cost 5% of service cost Termination of contract 3 User ofchemicals notcertified by WHO/ CIB/ BIS No payment to be made for treatment conducted and Termination of contract 4 Breach of warranty or relapse during maintenance contract Relapse within warranty period for one time / relapse before next scheduled treatment for maintenance contract 1% of service cost plus free of cost treatment for removal of pest/animal 2% of service cost plus free of cost treatment for removal of pest/ animal 3 % of service cost plus free of cost treatment for removal of pest/ animal 5 Structural damage to property Damage to property such as door, walls or any other structure during carrying out service Amount of charges to repair damage Amount of charges to repair damage plus 2 % of service cost Amount of charges to repair damage plus 3% of service cost
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Liquidated Damages or Penalty i) Any breakdown of ac plant including supply & replacement of spares if required should be attended within 48 hrs or two working days, whichever is earlier. Delay beyond 48 hrs or two working days, whichever is earlier shall attract penalty at the rate Rs.600/-per day per AC Unit. Non attending of breakdown compliance/calls reported via e-mail/telephone will be treated as late delivery (LD) & penalty for the same will be applicable. Penalty charges: Rs.600 per day per AC Unit for maximum period of 10 days.
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Liquidated Damages or Penalty. As Per GeM
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Related to Liquidated Damages or Penalty

  • Liquidated Damages for Delay In addition to the Contractor bearing the actual cost of correcting any non-compliant work or any other actual damages resulting from Contractor’s breach of this Agreement, the Contractor agrees to pay the Contractor delay damages in the amount of $500.00 per day for every day that the goods and/or services to be provided pursuant to this Agreement have not been timely delivered to the District in compliance with the Scope of Services set forth above, unless the delay has been properly excused by the terms of this Agreement. The parties agree that the District’s actual damages for delay are difficult to estimate and that this $500.00 per day sum is a reasonable pre-estimate of the District’s actual damages for each day of delay and that the is $500.00 per day sum is intended by the parties to be in the nature of liquidated damages, not a penalty. It is not the parties’ intent for this provision to limit either party’s remedies against the other for the breach of this Agreement, except for the District’s money damages for unexcused delays caused by the Contractor.

  • 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.

  • Payment of Liquidated Damages If you supply all or some of your milk to a third party during a Month you must, if required by DFMC, immediately pay to DFMC liquidated damages for that Month calculated as follows: $X = W cents x (Y – Z) Where: $X is the amount payable by you to DFMC for the relevant Month. If $X is a negative amount, no amount is payable by you. Y is the average monthly litres you have supplied to DFMC based on the 12 months immediately preceding the relevant Month (or in the event you have not supplied DFMC for 12 months, the average monthly litres you have supplied to DFMC during the period you have supplied DFMC). Z is the number of litres supplied to DFMC by you for the relevant Month.

  • Liquidated Damages Security The Board may require that a Member that has two (2) or more NMFS fishing regulation violations, or which has breached this Agreement or another sector’s operations plan on two (2) or more occasions, post a bond or obtain a letter of credit securing such Member’s payment and performance obligations under this Agreement in such amounts as the Board deems appropriate, or may require such Member to personally guaranty, and/or have other Members or third parties personally guaranty, such Member’s payment and performance obligations under this Agreement.

  • Notice of Liquidated Damages System Agency will formally notify Grantee in writing when liquidated damages action is imposed, stating the nature of the action, the reasons for imposing, and the method of appealing. Grantee must submit a written appeal, within ten (10) calendar days of receipt of the notice, to the SUD email box, XxxxxxxxxXxxxx.Xxxxxxxxx@xxxx.xxxxx.xx.xx.

  • 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.

  • Breach of Contract and Liquidated Damages A. Where OGS determines that the Contractor is not in compliance with the requirements of this Contract, and the Contractor refuses to comply with such requirements, or if it is found to have willfully and intentionally failed to comply with the MWBE participation goals set forth in the Contract, the Contractor shall be obligated to pay liquidated damages to OGS.

  • CONTRACT TIME AND LIQUIDATED DAMAGES (7-1-95) (Rev. 12-18-07) 108 SP1 G10 A The date of availability for this contract is July 31, 2017. The completion date for this contract is June 30, 2018. 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 Five Hundred Dollars ($ 500.00) per calendar day.

  • 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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