Penalties for Breach of Contract. 11.1. Without prejudice to other remedies or powers that the Contract or the Applicable Laws and Provisions may establish in favor of the Grantor in the event of the failure to comply with obligations, the Grantor may demand that the Concessionaire pay a penalty in accordance with the provisions set forth in Annex 12. This power may be exercised without prejudice to the Grantor’s decision regarding whether or not to terminate the Contract in accordance with Clause 13.
Penalties for Breach of Contract. 5.1 WALKAWAY CLAUSE - In accordance with the provisions of Articles 1219 et seq. of the French Civil Code, performance of the Contract may be suspended by either Party if the other Party fails to fulfil any of its essential obligations, after having served formal notice by registered letter with acknowledgement of receipt, within the period stated in the said letter. All costs arising from resumption of performance of the Contract by either Party will be invoiced with appropriate supporting evidence to the defaulting Party. At the end of this period, if no change has taken place to enable resumption of performance of the Contract, it will be automatically terminated through the fault of the defaulting Party. Such termination will be notified to the latter in another registered letter with acknowledgement of receipt. In such cases, the amounts paid to the Organizer by the Exhibitor up to the day of the termination of the Contract will be reimbursed to the Exhibitor, less the internal and external costs incurred by the Organizer in its performance of the Contract up to the date of termination.
Penalties for Breach of Contract. 1. If Party B does not use the premises according to the terms set forth herein, and fails to correct or does not fully correct such misconduct after being notified by Party A and upon expiration of the correction period given by Party A, Party A will be entitled to terminate this lease contract.
Penalties for Breach of Contract. In the event of non-compliance by one of the Parties with its contractual obligations, the sale contract may be subject to sanctions as provided for in the new Article 1217 of the French Civil Code, which is of public order. Thus and in application of the said Article 1217 of the French Civil Code, the party towards whom the commitment has not been executed, or has been executed imperfectly, will have the choice, by way of penalty(ies), to : – refuse to perform or suspend the performance of its own obligation – continue the compulsory performance in kind of the obligation – request a price reduction – cause the contract to be terminated or furthermore claim compensation for the consequences of non- performance. For the application of these provisions, the injured party must first give formal notice to his co-contracting party by registered letter with acknowledgement of receipt to have to remedy the fact for alleged against him, failing which, after a period of thirty (30) days, the injured party will request one of the aforementioned sanctions, expressly referring to the measure that he intends to apply. By express agreement, this clause is not applicable in the event of failure by SOFRIGAM to comply with the delivery deadlines for its Products mentioned on the Order Confirmation, in which case the parties agree to apply exclusively the provisions set out in these General Terms and Conditions. If the Customer is at the origin of the contractual breach, the sums paid by the latter in execution of the contract will remain definitively acquired by SOFRIGAM as compensation for early termination. If SOFRIGAM is behind the contractual breach, the Customer will be reimbursed all sums paid as a deposit, without any other compensation whatsoever, except in the case of proven serious misconduct. It is reminded that each of the Parties will be held liable and will not incur any risk of termination on its own fault, if it establishes that the impossibility of fulfilling its obligations is attributable to an unforeseeable, external and insurmountable event or similar cases. In this case and unless otherwise agreed by the parties, this contract will be suspended for the duration of this event. It is expressly stated that no Products may be returned without SOFRIGAM's prior written agreement.
Penalties for Breach of Contract. If any artist, by reason of his/her own neglect or default, fails to appear and perform as stipulated in this Agreement and/or his/her Form of Engagement and contests any claims for damages made by the Company the dispute shall be referred for decision, if the parties agree in writing so to do, to the Joint Standing Committee as laid down in Clause 50 but nothing in that Clause shall prejudice the right of the Company to restrain the artist by injunction from performing in breach of this Agreement and/or the Form of Engagement and the right of the Company to determine the artist's engagement herein provided.
Penalties for Breach of Contract. 1. Except as otherwise stipulated in this agreement, the stipulations shall be followed. If Party B has any of the conditions in Article 6, Party B shall return the training subsidies paid by Party A, and shall pay 50% of the training subsidies to Party A as liquidated damages; however, if Party B’s study time exceeds the provisions of Article 2, paragraph 1 due to force majeure, or due to force majeure, any of the conditions described in Article 6, paragraph 3 occurs, Party B can provide relevant supporting documents, upon verification and approval by Party A and the University, Party A may consider the amount of compensation.
Penalties for Breach of Contract
