Common use of Non-compliance with activities Clause in Contracts

Non-compliance with activities. 18.1.2.1 If the CONTRACTOR breaches with the full installation of a service within the prescribed period, Fitel shall establish a penalty of five-hundredths (0.05) of ITU (Tax unit) per MANDATORY PAID INSTITUTION set forth in Exhibit No. 01 of this contract, per day behind in the breach, counted from the day the initial installation ended.

Appears in 4 contracts

Samples: Financing Agreement (Gilat Satellite Networks LTD), Financing Agreement (Gilat Satellite Networks LTD), Financing Agreement (Gilat Satellite Networks LTD)

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Non-compliance with activities. 18.1.2.1 If the CONTRACTOR breaches with the full installation of a service within the prescribed period, Fitel FITEL shall establish a penalty of five-hundredths (0.05) of ITU (Tax unit) per MANDATORY PAID INSTITUTION set forth in Exhibit No. 01 of this contract, per day behind in the breach, counted from the day the initial installation ended.

Appears in 2 contracts

Samples: Financing Agreement, Financing Agreement

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