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

Liquidated Damages Related to Project Completion. If the Developer does not achieve Project Completion by the Project Completion Date, the Department will be entitled to assess $70,000 as liquidated damages (“Project Completion Liquidated Damages”) for each Day that Project Completion of the Project remains to be achieved following the expiration of the Project Completion Date.‌

Appears in 5 contracts

Samples: Comprehensive Agreement, Comprehensive Agreement, Comprehensive Agreement

AutoNDA by SimpleDocs

Liquidated Damages Related to Project Completion. If the Developer does not achieve Project Completion by the Project Completion Date, the Department will be entitled to assess $70,000 [•] as liquidated damages (“Project Completion Liquidated Damages”) for each Day that Project Completion of the Project remains to be achieved following the expiration of the Project Completion Date.‌

Appears in 1 contract

Samples: Comprehensive Agreement

Liquidated Damages Related to Project Completion. If the Developer does not achieve Project Completion by the Project Completion Date, the Department will be entitled to assess $70,000 [•] as liquidated damages (“Project Completion Liquidated Damages”) for each Day that Project Completion of the Project remains to be achieved following the expiration of the Project Completion Date.‌Date, and the Developer will cause any related liquidated damages payable by the Design-Build Contractor under the Design-Build Contract to be paid to the Department.

Appears in 1 contract

Samples: Comprehensive Agreement

Liquidated Damages Related to Project Completion. If the Developer does not achieve Project Completion by the Project Completion Date, the Department will be entitled to assess $70,000 as liquidated damages (“Project Completion Liquidated Damages”) for each Day that Project Completion of the Project remains to be achieved following the expiration of the Project Completion Date.‌... (d)

Appears in 1 contract

Samples: Comprehensive Agreement

AutoNDA by SimpleDocs

Liquidated Damages Related to Project Completion. If the Developer does not achieve Project Completion by the Project Completion Date, the Department will be entitled to assess $70,000 as liquidated damages (“Project Completion Liquidated Damages”) for each Day that Project Completion of the Project remains to be achieved following the expiration of the Project Completion Date.‌Date.

Appears in 1 contract

Samples: Comprehensive Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.