Agreed Damages definition

Agreed Damages has the meaning set forth in Section 10.2. “Agreement” has the meaning set forth in the Preamble. “Assets” has the meaning set forth in Section 1.1.
Sample 1Sample 2
Agreed Damages means the aggregate of:
Sample 1Sample 2
Agreed Damages has the meaning set forth in Section 11.2.
Sample 1

Examples of Agreed Damages in a sentence

  • The Purchaser and LGO (purchaser under the LGO Asset Purchase Agreement) shall agree among themselves as to the allocation of the Purchaser Agreed Damages between them.

  • Sellers and Xxxxxx Petroleum agree to accept payment of the Sellers Agreed Damages by Purchaser as their sole and exclusive remedy and in full settlement and discharge of all obligations of Purchaser under this Agreement and LGO under the LGO Asset Purchase Agreement, without further recourse in law or equity.

  • The Sellers and Xxxxxx Petroleum (seller under the LGO Asset Purchase Agreement) shall agree among themselves as to the allocation of the Sellers Agreed Damages between them.

  • Project Lifecycle and HOTO Plan, Environmental Management Plan, ESD and WOL Plan, Estate Information Provision Plan, Quality Plan or Site Management Plan and any additional Project Plans] days CLAUSE 9 - TIME Agreed Damages: (Clause 9.6) $ for each day for which an extension of time is granted due to a breach of contract by the Commonwealth CLAUSE 11 - PAYMENT Times for submission of payment claims by the Contractor to the PDS Contractor: (Clause 11.2(a)) Monthly on the day of each month.

  • The time period for completion of the work as specified and stipulated in the NIT/Contract shall be essence of the Contract/Work Order.In the event of delay by the Consultant in the inspection/conduct tests on boiler and steam drum beyond agreed time schedule of completion, Mutually Agreed Damages @ 1.0% of the lump sum “Agreed Fee” per day of delay attributable to the Consultant or part thereof will be levied on the Consultant subject to a maximum of 10% (Ten percent) of the Agreed Fee/charges.

  • Purchaser and LGO agree to accept payment of the Purchaser Agreed Damages by Purchaser as their sole and exclusive remedy and in full settlement and discharge of all obligations of Sellers under this Agreement and Xxxxxx Petroleum under the LGO Asset Purchase Agreement, without further recourse in law or equity.

  • If Your Service Subscription is terminated under this clause 15.2, then without limiting any of Our other rights, You must pay to us the Agreed Damages pursuant to clause 16.

  • Seller agrees to accept payment of the Agreed Damages by Purchaser, whether by application of the Deposit as a credit or otherwise, in full settlement and discharge of all obligations of Purchaser hereunder, without further recourse at law or in equity.

  • The CONSULTANT shall guarantee the overall mutually agreed time schedule from the date of start till the date of completion.Failure to accomplish the Work as per agreed schedules shall invite liquidated damages as per clause 26.0 hereunder (Mutually Agreed Damages).

  • The Tenderer acknowledges that the Agreed Damages does not apply arising from delays to site access or commencement of the Works due to the Contractor not having the requisite security clearances.


More Definitions of Agreed Damages

Agreed Damages shall have the meaning set forth in Section 23.1.2.
Sample 1
Agreed Damages damages agreed and assessed in advance at the rate of 15% of the value of the plot on the decision date Page 10 of 15 15:01:46 07/11/2018 Israel Lands Authority
Sample 1

Related to Agreed Damages

  • Indemnified Damages shall have the meaning assigned to such term in Section 6(a).

  • Liquidated Damages means all liquidated damages then owing pursuant to Section 5 of the Registration Rights Agreement.

  • Overhead Damage means any damage to the Vehicle or to any third-party property that is caused by: (a) contact between any part of the Vehicle that is at or above the level of the top of the front windscreen with objects overhanging or obstructing its path; (b) the Vehicle hitting a signed height restricted structure such as but not limited to bridges, car parks and drive throughs; or (c) objects being placed on the roof of the Vehicle;

  • Covered Damage All damages to property of the unit's owner, up to $1,475.00 in the aggregate for each Stay, that occurs during the Covered Guest's stay and that is the result of the inadvertent acts or omissions of the Covered Guest or the Covered Guest's invitee, excluding the damages listed in the conditions section above. • "Covered Guest": All registered guests and all persons booked to share the same unit of accommodations, and have paid the required plan cost. • "Stay": The stay at an iTrip unit, from the date of a Covered Guest's check-in to the date of check-out.

  • Economic damages means objectively verifiable monetary losses, including medical expenses, loss of earnings, burial costs, loss of use of property, cost of replacement or repair, cost of obtaining substitute domestic services, loss of employment, and loss of business or employment opportunities.

  • Delay Damages means the damages assessed pursuant to Section 3.2(a) hereof.

  • Delay Liquidated Damages has the meaning set forth in Section 13.1.

  • Cover Damages means, with respect to any Delivery Failure, an amount equal to (a) the positive net amount, if, any, by which the Replacement Price exceeds the applicable Price that would have been paid pursuant to Section 5.1 hereof, multiplied by the quantity of that Delivery Failure, plus (b) any applicable penalties and other costs assessed by ISO-NE or any other Person against Buyer as a result of Seller’s failure to deliver such Products in accordance with the terms of this Agreement. Buyer shall provide a statement for the applicable period explaining in reasonable detail the calculation of any Cover Damages.

  • Seller Damages shall have the meaning given to such term in Section 14.3.

  • Special Damages has the meaning specified in Section 11.21.

  • Resale Damages means, with respect to any Rejected Purchase, an amount equal to (a) the positive net amount, if any, by which the applicable Price that would have been paid pursuant to Section 5.1 hereof for such Rejected Purchase, had it been accepted, exceeds the Resale Price multiplied by the quantity of that Rejected Purchase, plus (b) any applicable penalties assessed by ISO-NE or any other Person against Seller as a result of Buyer’s failure to accept such Products. Seller shall provide a written statement explaining in reasonable detail the calculation of any Resale Damages.

  • Noneconomic damages ’ means damages for phys-

  • Actual Damages has the meaning set forth in Section 12.4(C).

  • SPECIAL LIQUIDATED DAMAGES means the amount payable by the Transport Supplier in case of default arising out of Non-availability of vehicle(s)/crew when the Company's operations are normal and also Non-availability of services due to unauthorized / lightening strike by Transport Supplier or his/her crew for any reason whatsoever. The period of non-availability of services will be treated as shutdown and shall attract Special Liquidated damage at the rate of twice the pro- rata fixed charge per day. Special L.D. shall be levied irrespective of whether such default resulted in a shutdown for the whole day or part thereof.

  • Damages means any loss, claim, damage, liability, costs and expenses (including, without limitation, reasonable attorney's fees and disbursements and costs and expenses of expert witnesses and investigation).

  • Direct Damage has the meaning given to it in clause 26.2;

  • Daily Delay Damages means with respect to a Guaranteed Project Milestone, an amount equal to (a) the Project Development Security Amount posted as of the first date that Daily Delay Damages are payable under this Agreement with respect to such Guaranteed Project Milestone, divided by (b) 120.

  • Compensatory Damages are those amounts awarded to compensate for the actual damages sustained, and are not awarded as a penalty, nor fixed in amount by statute.

  • Consequential Damages means Losses claimed to have resulted from any indirect, incidental, reliance, special, consequential, punitive, exemplary, multiple or any other Loss, including damages claimed to have resulted from harm to business, loss of anticipated revenues, savings, or profits, or other economic Loss claimed to have been suffered not measured by the prevailing Party’s actual damages, and any other damages typically considered consequential damages under Applicable Law, regardless of whether the Parties knew or had been advised of the possibility that such damages could result in connection with or arising from anything said, omitted, or done hereunder or related hereto, including willful acts or omissions.

  • Punitive Damages are those damages awarded as a penalty, the amount of which is neither governed nor fixed by statute.

  • Rejection Damages Claim means any Claim on account of the rejection of an Executory Contract or Unexpired Lease pursuant to section 365 of the Bankruptcy Code or the repudiation of such contract.

  • Liquidated Damages Amount has the meaning set forth in Section 2(e) hereof.

  • Loss or Damage means any loss or damage to the Vehicle, including that caused by theft of the Vehicle or by adverse weather events, that requires repair or replacement including the loss of use of the Vehicle (demurrage), legal expenses, assessment fees, towing and recovery costs, storage, service charges and any appraisal fees of the Vehicle;

  • Performance Liquidated Damages means any liquidated damages resulting from the Project’s performance which are required to be paid by the EPC Contractor or any other Material Project Party for or on account of any diminution to the performance of the Project.

  • Indemnifiable Damages shall have the meaning set forth in Section 9.1 herein.

  • Indemnification Obligations means each of the Debtors’ indemnification obligations in place as of the Effective Date, whether in the bylaws, certificates of incorporation or formation, limited liability company agreements, other organizational or formation documents, board resolutions, management or indemnification agreements, or employment or other contracts, for their current and former directors, officers, managers, members, employees, attorneys, accountants, investment bankers, and other professionals and agents of the Debtors.