Penalty for Failure to Respect the Local Content. 20.12. Failure to respect the Local Content shall subject the Concessionaire to a penalty, which shall be calculated on the defaulted monetary amount, in the following percentage, as the case may be:
Appears in 4 contracts
Samples: Concession Agreement, Concession Agreement, Concession Agreement
Penalty for Failure to Respect the Local Content. 20.1222.13. Failure to respect the Local Content shall subject the Concessionaire Contracted Party to a penalty, which shall be calculated on upon the defaulted monetary amount, in amount not observed and the following percentage, as the case may be:
Appears in 3 contracts
Samples: Consortium Agreement, Consortium Agreement, Consortium Agreement
Penalty for Failure to Respect the Local Content. 20.12. Failure to respect the Local Content shall subject the Concessionaire to a penalty, which penalty that shall be calculated on the defaulted monetary amount, in the following percentage, as the case may be:
Appears in 1 contract
Samples: Concession Agreement
Penalty for Failure to Respect the Local Content. 20.12. Failure to respect the Local Content shall subject the Concessionaire Contracted Parties to a penalty, which shall be calculated on the defaulted monetary amount, in the following percentage, as the case may be:
Appears in 1 contract
Samples: Consortium Agreement
Penalty for Failure to Respect the Local Content. 20.12. Failure to respect the Local Content shall subject the Concessionaire to a penalty, which shall be calculated on the defaulted monetary amountamount not observed, in the following percentage, as the case may be:
Appears in 1 contract
Samples: Concession Agreement
