Common use of Schedule of Liquidated Damages Clause in Contracts

Schedule of Liquidated Damages. Because Franchisee’s failure to comply with certain material provisions of this Agreement and the Cable Ordinance shall result in injury to the City or to subscribers, and because it shall be difficult to estimate the extent of such injury, the City and Franchisee hereby agree that the liquidated damages stated below represent both parties’ best estimate of the damages resulting from the specified injury.

Appears in 2 contracts

Samples: Franchise Agreement, Franchise Agreement

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Schedule of Liquidated Damages. Because Franchisee’s failure to comply with certain material provisions of this Agreement and the Cable Ordinance shall result in injury to the City Town or to subscribers, and because it shall be difficult to estimate the extent of such injury, the City Town and Franchisee hereby agree that the liquidated damages stated below represent both parties’ best estimate of the damages resulting from the specified injury.

Appears in 1 contract

Samples: Franchise Agreement

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Schedule of Liquidated Damages. Because Franchisee’s 's failure to comply with certain material provisions of this Agreement and the Cable Ordinance shall will result in injury to the City or to subscribers, and because it shall will be difficult to estimate the extent of such injury, the City and Franchisee hereby agree that the liquidated damages and penalties stated below in the Ordinance represent both parties' best estimate of the damages resulting from the specified injury.

Appears in 1 contract

Samples: 2005 Franchise Agreement

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