Common use of Liquidated Damages Related to Milestone Completion Clause in Contracts

Liquidated Damages Related to Milestone Completion. If the Developer does not complete construction of either or both of the P&R Milestone and the Route 28 Signalization Milestone within the time frames specified in Section 8.13, the Department will be entitled to assess $10,000 as liquidated damages with respect to the P&R Milestone and $19,000 as liquidated damages with respect to the Route 28 Signalization Milestone (individually and‌ collectively, “Milestone Liquidated Damages”) for each Day that completion of each milestone remains to be achieved following the expiration of the time frames specified in Section 8.13.

Liquidated Damages Related to Milestone Completion. If the Developer does not complete construction of either or both of the P&R Milestone and the Route 28 Signalization Milestone within the time frames specified in Section 8.13, the Department will be entitled to assess $10,000 as liquidated damages with respect to the P&R Milestone and $19,000 as liquidated damages with respect to the Route 28 Signalization Milestone (individually and‌ and collectively, “Milestone Liquidated Damages”) for each Day that completion of each milestone remains to be achieved following the expiration of the time frames specified in Section 8.13.8.13.‌

Liquidated Damages Related to Milestone Completion. If the Developer does not complete construction of either or both of the P&R Milestone and the Route 28 Signalization Milestone within the time frames specified in Section 8.13, the Department will be entitled to assess $10,000 [•] as liquidated damages with respect to the P&R Milestone and $19,000 [•] as liquidated damages with respect to the Route 28 Signalization Milestone (individually and‌ and collectively, “Milestone Liquidated Damages”) for each Day that completion of each milestone remains to be achieved following the expiration of the time frames specified in Section 8.13.8.13.‌

Liquidated Damages Related to Milestone Completion. If the Developer does not complete construction of either or both of the P&R Milestone and the Route 28 Signalization Milestone within the time frames specified in Section 8.13, the Department will be entitled to assess $10,000 as liquidated damages with respect to the P&R Milestone and $19,000 as liquidated damages with respect to the Route 28 Signalization Milestone (individually and‌ and collectively, “Milestone Liquidated Damages”) for each Day that completion of each milestone remains to be achieved following the expiration of the time frames specified in Section 8.13.