Daily Liquidated Damages definition

Daily Liquidated Damages means the sum specified as such in the Quotation or the Order (as the case may be). In the event that the Quotation or the Order (as the case may be) specifies that the Works are to be conducted in Stages “Daily Liquidated Damages” shall mean the sum specified as such in respect of the relevant Stage. Where no such sum is specified in the Quotation, then “Daily Liquidated Damages” shall mean the sum published as such by National Grid from time to time;
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Daily Liquidated Damages means the sum specified as such in the Quote or the Order (as the case may be). Where no such sum is specified in the Quote, then “Daily Liquidated Damages” shall mean the sum published as such by SGN from time to time;
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Daily Liquidated Damages means the liquidated damages to be paid by the Transporter in respect of delay in the commencement of provision of Transportation Services as calculated in accordance with Clause 5 of this Schedule 2. Expansion Operation Date means the date on which the Transporter is first able to make the Relevant Expansion Capacity available to Registered Parties for Nominations. FEED means the front-end engineering and design study for the Relevant Expansion Capacity, to be undertaken after the Signing Date.
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Examples of Daily Liquidated Damages in a sentence

  • If this § 4.4 is specified as applying in Section B of Part I (Individual Terms), where the Facility has not been Commissioned by the Late Commissioning Date, the Seller shall pay the Buyer the Daily Liquidated Damages Amount for every day until (and including) the date the Facility has been Commissioned, excluding any days where Commissioning is delayed by an event of Force Majeure.

  • The City may, at its option, assess liquidated damages, agreed to be reasonable by reason of impracticability in ascertaining actual damages, in the amount designated as Daily Liquidated Damages for each calendar day after the stipulated Completion Date in the event that the Contractor does not complete performance by such date.

  • The bidder must also agree to pay, as liquidated damages, the sum of $200.00 as Daily Liquidated Damages for each calendar day the work is not complete subsequent to the Completion Date.

  • Agrees to pay Daily Liquidated Damages as defined in the Specifications.The undersigned applicant, having full authority to submit this proposal, hereby declares and agrees to address all aspects of necessary components as listed here in accordance with all terms, conditions, and requirements of the within and foregoing proposal.

  • Na prionsabail a luaitear in Airteagal 8 de Rialachán (Euratom, CE) Uimh.

  • The Purchaser Daily Liquidated Damages Rate shall be doubled on the basis of compounding whenever a delay amounts to 30 consecutive days or an integral multiple thereof.

  • If The Original Contract Price Is: Daily Liquidated Damages Shall Be: Up to $49,999.99 $50 $50,000.00 to $99,999.99 $100 $100,000.00 to $299,999.99 $200 $300,000.00 to $599,999.99 $300 $600,000.00 to $999,999.99 $400 $1,000,000.00 to $1,999,999.99 $500 $2,000,000.00 to $4,999,999.99 $750 $5,000,000.00 to $9,999,999.99 $1,500 $10,000,000.00 to $14,999,999.99 $2,500 $15,000,000.00 to $19,999,999.99 $3,500 $20,000,000.00 or above The product of .0002 multiplied by the Original Contract Price.

  • The construction schedule, allowances and liquidated damages shall conform to the following alignments: Work Area Final Completion Daily Liquidated Damages 7D, 10E, 11F 210 Calendar Days Per Sec.

  • The Seller Daily Liquidated Damages Rate shall be doubled on the basis of compounding whenever a delay amounts to 30 consecutive days or an integral multiple thereof.

  • For each day the Purchaser delays the payment of any portion of the Purchase Price, the Purchaser shall pay the Seller the daily liquidated damages which shall be equal to the value of such portion of the Purchase Price as of such day multiplied by 0.05% (the “ Purchaser Daily Liquidated Damages Rate”).


More Definitions of Daily Liquidated Damages

Daily Liquidated Damages means, for each particular day, an amount as specified below, all for deposit to the Trustee:
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Daily Liquidated Damages means the sum specified as such in the Quotation. If no such sum is specified in the Quotation then the Daily Liquidated Damages shall be one pound sterling (£1.00).
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Related to Daily Liquidated Damages

  • Liquidated Damages shall have the meaning set forth in Section 2(e) hereof.

  • Damages Payment Date With respect to the Series A Notes, each Interest Payment Date.

  • Compounded Daily SOFR means, in relation to a Floating Rate Interest Period, the rate of return of a daily compound interest investment (with SOFR as reference rate for the calculation of interest) during the related Observation Period and will be calculated by the Calculation Agent on the related Interest Determination Date as follows: Where:

  • Compounded Daily SONIA means with respect to an Interest Accrual Period, the rate of return of a daily compound interest investment during the Observation Period corresponding to such Interest Accrual Period (with the daily Sterling overnight reference rate as reference rate for the calculation of interest) and will be calculated by the Calculation Agent (or such other party responsible for the calculation of the Rate of Interest, as specified in the Final Terms or Pricing Supplement) on the relevant Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the fifth decimal place, with 0.000005 being rounded upwards: Where:

  • Additional Interest Amount means, with respect to Trust Securities of a given Liquidation Amount and/or a given period, the amount of Additional Interest paid by the Depositor on a Like Amount of Notes for such period.

  • Redemption Premium means (i) in the case of the Events of Default described in Section 4(a)(i) - (vi) and (ix) - (xii), 125% or (ii) in the case of the Events of Default described in Section 4(a)(vii) - (viii), 100%.

  • Redemption Amount means, as appropriate, the Final Redemption Amount, the Early Redemption Amount (Tax), the Optional Redemption Amount (Call), the Optional Redemption Amount (Put), the Early Termination Amount or such other amount in the nature of a redemption amount as may be specified in, or determined in accordance with the provisions of, the relevant Final Terms;

  • Additional Interest means all amounts, if any, payable pursuant to Section 4.06(d), Section 4.06(e) and Section 6.03, as applicable.

  • Net Premium means the premium, net of reinsurance premiums paid, HRA and GME payments, and MCO tax expenses.

  • Late Payment Fee means the excess of the Price Differential paid as a result of its calculation at the Post-Default Rate over the Price Differential as would have been calculated at the Pricing Rate.