Examples of Damages Cap in a sentence
The payment of Liquidated Damages shall be the sole and exclusive remedy for the Owner for the specific performance failure to which the Liquidated Damages applies, except that the Owner shall have the right to terminate the Contract for cause if Supplier reaches the aggregate Liquidated Damages cap defined in 4.d. below.
Although he passed the Massachusetts Bar Exam in 2010, as noted above, his license has been indefinitely suspended as a result of his criminal conviction.
If the Damages cap is breached, the Authority shall have the right to terminate the Agreement.3.3. Service Levels shall be measured on a monthly basis, however, Damages shall be adjusted from quarterly invoices on a pro-rata basis.3.4. A Service Level default shall occur when the Agency fails to meet minimum Service Levels, as measured on a monthly basis, for a particular Service Level.3.5. In the event of a Service Level default, the Agency shall incur Damages resulting in a reduction in payment.
Mallows (1983), “A Method for Comparing Two Hierarchical Clusterings,” Journal of the American Statistical Association, vol.
Such Delay Liquidated Damages shall never exceed fifteen percent (15%) of the applicable Substation Asset Price, provided however that Customer shall be entitled to terminate the Agreement and corresponding Purchase Order in the event the Supplier has failed to reasonably demonstrate the ability to achieve the Project Milestone(s) within thirty (30) days after the Liquidated Damages cap set forth herein has been exceeded.