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;
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;
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.

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.

  • Notwithstanding anything to the contrary in the General Terms and Conditions, the Parties agree that Daily Liquidated Damages do not constitute Excluded Loss and are not subject to the limitation of liability in Article 17.1.1 or 17.1.2 of the General Terms and Conditions.

  • 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.

  • In the event of a Non-Excusable Delay as defined in Clause 11 of the AGTA, the Daily Liquidated Damages Amount shall be *** or A319 Aircraft *** for A320 Aircraft *** or A321 Aircraft.

  • 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.

  • 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.

  • Contract Amount Daily Liquidated Damages Amount $50,000 and under $642Over $50,000 but less than $250,000 $758$250,000 but less than $500,000 $966$500,000 but less than $2,500,000 $1,532$2,500,000 but less than $5,000,000 $2,374$5,000,000 but less than $10,000,000 $3,226$10,000,000 but less than $15,000,000 $4,624$15,000,000 but less than $20,000,000 $4,276$20,000,000 and over $7,864 plus.......................................

  • Contract Amount Daily Liquidated Damages Amount$50,000 and under $642Over $50,000 but less than $250,000 $758$250,000 but less than $500,000 $966$500,000 but less than $2,500,000 $1,532$2,500,000 but less than $5,000,000 $2,374$5,000,000 but less than $10,000,000 $3,226$10,000,000 but less than $15,000,000 $4,624$15,000,000 but less than $20,000,000 $4,276$20,000,000 and over $7,864 plus.......................................

  • 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 of such delay arrives.


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:
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).

Related to Daily Liquidated Damages

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

  • 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.

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

  • 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.

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

  • Liquidated Damages Multiplier means, with respect to a particular Purchaser, (i) the product of the Common Unit Price multiplied by (ii) the number of Purchased Units purchased by such Purchaser that may not be disposed of without restriction and without the need for current public information pursuant to any section of Rule 144 (or any similar provision then in effect) under the Securities Act.

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

  • Compounded Daily XXXXX means the rate of return of a daily compound interest investment (with the daily Sterling overnight reference rate as reference rate for the calculation of interest) and will be calculated by the Interest Determination Agent as at the Interest Determination Date, as follows, and the resulting percentage will be rounded if necessary to the fourth decimal place, with 0.00005 being rounded upwards: where:

  • 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.

  • 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:

  • Daily Failure Amount means the product of (x) .005 multiplied by (y) the Closing Sale Price of the Common Stock on the applicable Share Delivery Date.

  • Compounded Daily SONIA means, with respect to an Interest Accrual Period, the rate of return of a daily compound interest investment (with the daily SONIA 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 interest rate, as specified in the applicable Pricing Supplement) on the relevant Interest Determination Date, as follows, and the resulting percentage will be rounded if necessary to the fourth decimal place, with 0.00005 per cent being rounded upwards:

  • 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;

  • Damages Accrual Period has the meaning set forth in Section 2(e) hereof.

  • Maximum Premium has the meaning set forth in Section 7.06(b).

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

  • Extra Premium means an additional amount charged by Us, as per Our Underwriting Policy, which is determined on the basis of disclosures made by You in the Proposal Form or any other information received by Us including medical examination report of the Life Insured.

  • Maximum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Late Payment Surcharge shall have the meaning ascribed thereto in Article 10.3.3 of this Agreement;

  • Maximum Put Amount means the lesser of (i) Two Hundred Fifty Thousand Dollars ($250,000), or (ii) Two Hundred Fifty percent (250%) of the average of the Dollar Volume for the twenty (20) Trading Days immediately preceding the Put Date.

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

  • Daily Maximum Cash Amount means, with respect to the conversion of any Note, the quotient obtained by dividing (A) the Specified Dollar Amount applicable to such conversion by (B) forty (40).

  • Interest Share Amount shall have the meaning set forth in Section 2(a).

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.