Common use of Pay Costs and Liquidated Damages Clause in Contracts

Pay Costs and Liquidated Damages. Each Trespasser and Vandal must repay the Association and each Injured Person for all their costs and expenses caused by the Act of Trespass or Vandalism. These costs include but are not limited to costs of another place to stay and extra travel costs and all collection and enforcement costs. To obtain another place to stay, it may be necessary to rent for a period of time longer than the time use is actually prevented. If this happens, the cost of another place to stay includes all of the rent for this longer period of time. The Association will decide if it is necessary to rent for a longer time. The Association’s decision will be final. The Occupant who commits an Act of Trespass or Vandalism must also pay Liquidated Damages to each Injured Person to compensate the Injured Person for the added damages of losing the use and enjoyment of his/her Assigned Cottage.

Appears in 4 contracts

Samples: Owners Agreement, Owners Agreement, Owners Agreement

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Pay Costs and Liquidated Damages. Each Trespasser and Vandal must repay the Association and each Injured Person for all their costs and expenses caused by the Act of Trespass or Vandalism. These costs include but are not limited to costs of another place to stay and extra travel costs and all collection and enforcement costs. To obtain another place to stay, it may be necessary to rent for a period of time longer than the time use is actually prevented. If this happens, the cost of another place to stay includes all of the rent for this longer period of time. The Association will decide if it is necessary to rent for a longer time. The Association’s decision will be final. The Occupant who commits an Act of Trespass or Vandalism must also pay Liquidated Damages to each Injured Person to compensate the Injured Person for the added damages of losing the use and enjoyment of his/her Assigned Resort Unit Cottage.

Appears in 1 contract

Samples: Owners Agreement

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