Common use of STIPULATED PENALTIES Clause in Contracts

STIPULATED PENALTIES. 32. Defendant shall be liable for stipulated penalties to the United States for violations of this Consent Decree as specified below, unless excused under Section VIII (Force Majeure). A violation includes failing to perform any obligation required by the terms of this Decree, including any schedule approved under this Decree, according to all applicable require- ments of this Decree and within the specified time schedules established by or approved under this Decree.