Operable Fleet below minimum levels Sample Clauses

Operable Fleet below minimum levels. If Motivate maintains less than 70% of the minimum operable Fleet of Bicycles as described in Exhibit B, Section 4A and does not correct the problem within 30 calendar days, Motivate will pay the City Liquidated Damages in the amount of 1/12th of the Operations Fee for the previous month. If the minimum levels are still not maintained for subsequent months, Motivate will continue to pay the City Liquidated Damages for 1/12th of the Operations Fee and an additional 1/12 of the Operations Fee for each subsequent month.