Common use of LIQUIDATED MONEY DAMAGES Clause in Contracts

LIQUIDATED MONEY DAMAGES. 18.4.1 The measure of damages in the event that HMO fails to perform its obligations under this contract may be difficult or impossible to calculate or quantify. Therefore, should HMO fail to perform in accordance with the terms and conditions of this contract, TDH may require HMO to pay sums as specified below as liquidated damages. The liquidated damages set out in this Article are not intended to be in the nature of a penalty but are intended to be reasonable estimates of TDH's financial loss and damage resulting from HMO's non-performance.

LIQUIDATED MONEY DAMAGES. 18.4.1 The measure of damages in the event that HMO fails to perform its obligations under this contract may be difficult or impossible to calculate or quantify. Therefore, should HMO fail to perform in accordance with the terms and conditions of this contract, TDH HHSC may require HMO to pay sums as specified below as liquidated damages. The liquidated damages set out in this Article are not intended to be in the nature of a penalty but are intended to be reasonable estimates of TDHHHSC's financial loss and damage resulting from HMO's non-performance.

LIQUIDATED MONEY DAMAGES. 18.4.1 The measure of damages in the event that HMO fails to perform its obligations under this contract may be difficult or impossible to calculate or quantify. Therefore, should HMO fail to perform in accordance with the terms and conditions of this contract, TDH may require HMO to pay sums as specified below as liquidated 133 Dallas Service Area Contract 140 damages. The liquidated damages set out in this Article are not intended to be in the nature of a penalty but are intended to be reasonable estimates of TDH's financial loss and damage resulting from HMO's non-performance.

LIQUIDATED MONEY DAMAGES. 18.4.1 The measure of damages in the event that HMO fails to perform its obligations under this contract may be difficult or impossible to calculate or quantify. Therefore, should HMO fail to perform in accordance with the terms and conditions of this contract, TDH may require HMO to pay sums as specified 1999 Renewal Contract Tarrant Service Area 146 August 9, 1999 147 below as liquidated damages. The liquidated damages set out in this Article are not intended to be in the nature of a penalty but are intended to be reasonable estimates of TDH's financial loss and damage resulting from HMO's non-performance.