Common use of Penalties/liquidated Damages Clause in Contracts

Penalties/liquidated Damages. a. In case where the deliveries as per contract are not completed within the time frame specified in the schedule of requirement, the Contract to the extent of non-delivered portion of supply may be cancelled followed by a Show b. In case of late delivery of goods beyond the periods specified in the schedule of requirements, penalty @ 2% per month, 0.067% per day of the cost of late delivered supply shall be imposed upon the Supplier.

Appears in 4 contracts

Samples: Framework Contract for Purchase of Lab Items and X Ray Films, Framework Contract for Purchase of Stationary, Bedding & Clothing and Contingency Items, Framework Contract

AutoNDA by SimpleDocs

Penalties/liquidated Damages. a. In case where the deliveries as per contract are not completed within the time frame specified in the schedule of requirement, the Contract to the extent of non-delivered portion of supply may be cancelled followed by a Show b. In case of late delivery of goods beyond the periods specified in the schedule of requirements, penalty @ 2% per month, 0.067% per day of the cost of late delivered supply shall be imposed upon the SupplierSupplier and firm will be submit Astamp duty 0.025pasa per 100/- at the time of signee of contract. .

Appears in 3 contracts

Samples: Framework Contract for Local Purchase of Medicines and Disposables, Framework Contract for Local Purchase of Medicines and Disposables, Framework Contract for Local Purchase of Medicines and Disposables

Penalties/liquidated Damages. a. In case where the deliveries as per contract are not completed within the time frame specified in the schedule of requirement, the Contract to the extent of non-non- delivered portion of supply may be cancelled followed by a Show b. In case of late delivery of goods beyond the periods specified in the schedule of requirements, penalty @ 2% per month, 0.067% per day of the cost of late delivered supply shall be imposed upon the Supplier.

Appears in 2 contracts

Samples: Framework Contract, Framework Contract

AutoNDA by SimpleDocs

Penalties/liquidated Damages. a. In case where the deliveries as per contract are not completed within the time frame specified in the schedule theschedule of requirement, the Contract to the extent of non-delivered portion of supply may be cancelled followed by a Show b. In case of late delivery of goods beyond the periods specified in the schedule of requirements, penalty @ 2% per month, 0.067% per day of the cost of late delivered supply shall be imposed upon the SuppliertheSupplier.

Appears in 2 contracts

Samples: Framework Contract, Framework Contract for Local Purchase of Medicines and Disposables Surgicals

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!