Common use of Responsibility and Compensation Clause in Contracts

Responsibility and Compensation. 16th Clause- the Party that, by its action or omission, give cause to the cancellation of the present Contract due to the non-fulfillment of any of the obligations foreseen in the present Contract or in the occurrence of any of the case of 15th Clause above, shall be obligated to pay the Party, with a deadline of 5 (five days) counting form the effectuation of the cancellation, the total set of penalties described in items (1) and (2), listed below:

Appears in 3 contracts

Samples: Energy Co of Espirito Santo, Energy Co of Espirito Santo, Energy Co of Espirito Santo

AutoNDA by SimpleDocs

Responsibility and Compensation. 16th Clause- the The Party that, by its action or omission, give cause to the cancellation of the present Contract due to the non-fulfillment of any of the obligations foreseen in the present Contract or in the occurrence of any of the case of 15th Clause above, shall be obligated to pay the Party, with a deadline of 5 (five days) counting form the effectuation of the cancellation, the total set of penalties described in items (1) and (2), listed below:

Appears in 1 contract

Samples: Energy Co of Espirito Santo

Responsibility and Compensation. 16th Clause- the Party that, by its action or omission, give cause to the cancellation of the present Contract due to the non-fulfillment of any of the obligations foreseen in the present Contract or in the occurrence of any of the case of 15th Clause above, shall be obligated to pay the Party, with a deadline of 5 (five 5(five days) counting form the effectuation of the cancellation, the total set of penalties described in items (1) and (2), listed below:

Appears in 1 contract

Samples: Energy Co of Espirito Santo

Responsibility and Compensation. 16th Clause- Clause - the Party that, by its action or omission, give cause to the cancellation of the present Contract due to the non-fulfillment of any of the obligations foreseen in the present Contract or in the occurrence of any of the case of 15th Clause above, shall be obligated to pay the Party, with a deadline of 5 (five days) counting form the effectuation of the cancellation, the total set of penalties described in items (1) and (2), listed below:

Appears in 1 contract

Samples: Energy Co of Espirito Santo

AutoNDA by SimpleDocs

Responsibility and Compensation. 16th Clause- the 15th Clause The Party that, by its action or omission, give gives cause to the cancellation of the present Contract due to the non-fulfillment of any of the obligations foreseen provided for in the present Contract or in the occurrence of any of the case cases of 15th 14th Clause above, shall be obligated to pay the offended Party, with in a deadline of 5 (five days) counting form from the effectuation of the cancellation, the total set of penalties described in items (1) and (2), listed below:

Appears in 1 contract

Samples: Energy Co of Espirito Santo

Time is Money Join Law Insider Premium to draft better contracts faster.