Contractual Penalty. If an exhibitor is an entrepreneur in terms of § 14 of the Ger- man Civil Code, LMS is entitled to demand a contractual pen- alty from the exhibitor in the following cases:
Contractual Penalty. If the customer culpably violates his obligations under the confidentiality and secrecy regulations (see Sections
Contractual Penalty. If an exhibitor is an entrepreneur in terms of § 14 of the German Civil Code, LMS is entitled to demand a contractual penalty from the exhib- itor in the following cases:
Contractual Penalty. 6.1 If Contractor is in default of a contractual deadline agreed under clause 4.1 of these Special PO Terms for Construction, he must pay a contractual penalty in the amount of 0.2 % of the net amount of contract for each working day of the deadline overrun for which he is responsible. 6.2 The provisions of this clause 6 of these Special PO Terms for Construction also apply in the event that new deadlines at variance to the originally agreed deadline are agreed. It is of no relevance whether the parties mutually agree the new deadline or if it follows from the application of these Special PO Terms for Construction, such as in the case that a deadline is extended due to obstructions, etc. 6.3 TenneT may claim the contractual penalty as late as the final payment even if TenneT has not expressly reserved this right in the case of the acceptance (formal acceptance) or late delivery (performance). Any payable contractual penalties shall be deducted from the final invoice. 6.4 The contractual penalties according to Besondere Einkaufsbedingungen für Bauleistungen der TenneT TSO GmbH DATUM SEITE 1. April 2015 29 von 36 Special Terms of Purchase Order for the Execution of Construction Work of TenneT TSO GmbH
Contractual Penalty. The customer is obligated to pay for each individual case of culpable violation of the obligation for legally compliant use according to section 7.4. to pay a contractual penalty to be reasonably determined by oculid in accordance with § 315 BGB (German Civil Code), in case of dispute to be reviewed by the competent court, which amounts to at least EUR 5,001.
Contractual Penalty. In the event that the Supplier does not supply his delivery or does not render his service within 10 days after the agreed date, he shall pay a sum in the amount of 0.2% of the agreed remuneration for the performance (contractual penalty) for each additional day of delay, whereupon the maximum sum shall amount to 5% of the agreed remuneration. The Purchaser’s rights in respect of any additional damage caused by the delay shall remain unaffected. In the event that the Purchaser claims damage caused by default, the contractual penalty shall be set off against the damage caused by default. A reservation on acceptance of the service does not have to be
Contractual Penalty. 5.1 The Contractor shall pay the agreed contrac- tual penalty if a provisional deadline or comple- tion date named in the schedule or in the offer is exceeded. The payment of the contractual penalty shall affect neither the Contractor’s ob- ligations to supply the contractual services nor the Contractor’s obligations towards Arcadis regarding compensation of damages incurred by Arcadis.
Contractual Penalty. In the event of any breach of the provisions of this Agreement, the party who broke its contractual obligation/s commits itself to pay a penalty of at least € to the other party for each con- tractual break. Beyond this, the harmed party has got the right to demand at least €/1% of the con- tractual value of for each month the contractual break is continued. The right of the harmed party to demand further indemnifications will be maintained.
Contractual Penalty. 7.16.1 If Contractor is in default of a Besondere Einkaufsbedingungen für Bauleistungen der TenneT TSO GmbH DATUM SEITE 1. Juli 2020 37 von 46 Special Terms of Purchase Order for the Execution of Construction Work of TenneT TSO GmbH Vertragsstrafe in Höhe von 0,2 % des auf die Teilleistungen, auf die sich die jeweilige Vertragsfrist bezieht, entfal- lenden Anteils an der Netto- Auftragssumme zu zahlen. Die Vertragsstrafe ist nicht verwirkt, wenn der Auftragnehmer die Firstüberschreitung nicht zu vertreten hat. Auf vorangehende Vertragsfristen verwirkte Vertragsstrafen werden bei Überschreitungen auch der nachfolgenden Vertragsfristen berücksichtigt, so dass eine Kumulierung der Einzelvertragsstrafen ausgeschlossen ist. Wegen Überschreitung von Zwischenfristen bereits verwirkte Vertragsstrafen entfallen nachträglich, sofern der Auftragnehmer dennoch den Gesamt-Fertigstellungstermin einhält.
Contractual Penalty. For every single breach by the Co-operation Partner of its obligations under this Agreement BEULCO is entitled to demand a contractual penalty in the sum of 50,000.00 Euro. The Co-operation Partner shall be precluded from relying on the principles of continued breach as a defence. The contractual penalty payments are limited to a total amount of 150,000 Euro. Payment of the contractual penalty shall not preclude BEULCO from seeking injunctive relief or claiming additional damages upon evidence of the same. The contractual penalty shall be offset against damages claimed.