Common use of Schedule of Liquidated Damages Clause in Contracts

Schedule of Liquidated Damages. The Individual Participating Airline shall pay $5,000 in liquidated damages for each piece of GSE short of the Interim XXX Goal for Existing GSE for each six month period until compliance is achieved or until December 31, 2010.

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

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Schedule of Liquidated Damages. The Individual Participating Airline shall pay $5,000 in liquidated damages for each piece of GSE short of the Interim XXX Goal for Existing New GSE for each six month period until compliance is achieved or until December 31, 2010.2010.‌‌‌‌

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

Schedule of Liquidated Damages. The Individual Participating Airline shall pay $5,000 in liquidated damages for each piece of GSE short of the Interim XXX Goal for Existing GSE for each six month period until compliance is achieved or until December 31, 20102012, at which time the Participating Airline will pay to ARB the balance of $50,000 for each piece of GSE short of the New GSE XXX Goal.

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

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Schedule of Liquidated Damages. The Individual Participating Airline shall pay $5,000 in liquidated damages for each piece of GSE short of the Interim XXX Goal for Existing GSE for each six month period until compliance is achieved or until December 31, 2010.2012, at which time the Participating Airline will pay to ARB the balance of $50,000 for each piece of GSE short of the Existing Fleet XXX Goal.‌‌‌‌‌‌

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

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