Delay Penalty definition

Delay Penalty. The penalty in the occurrence of any Delay as determined in GC 24.2.
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Delay Penalty the penalty in the occurrence of any Delay as determined in Clause 17.2. Delivery Date: the date for delivering Parts to SODECIA, as noted on the Release. Forecasts: a non-binding statement regarding projected quantities for the months following the month in progress. GC: the General Conditions in this Agreement. IMDS: International Material Data System – computer system for entering Parts’ data. Incoterms: the terms and conditions of sale published by the International Chamber of Commerce. NDA: the Non-Disclosure Agreement executed by and between the Parties in the Sodecia Supplier Portal. Parts: the raw materials/fasteners identified in the SC and/or Releases. Parts Specifications: the engineering definition, mathematical model release, dimensions and tolerance release for the Parts, detailed in the SC. Party or Parties: either one of the entities in this Agreement, individually or together. PPAP: Production Part Approval Process – the set of rules to which the production and delivery of Parts are subject, to be complied by the Supplier and subject to approval by XXXXXXX. Release or Releases: the notification(s) by SODECIA to the SUPPLIER indicating the Parts, quantities to be supplied, from time to time, Delivery Dates and/or Forecasts. A Release incorporates the GC. Request for Quotation: a solicitation to a supplier to provide a cost quote for certain Parts for a specific programme. SC: The Special Conditions in this Agreement.
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Delay Penalty means the penalty imposed as a result of unreasonable delays in right-of- way construction.
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Examples of Delay Penalty in a sentence

  • Commencement Period And Delay Penalty ;- The contractor shall have to commence the work within a period of one and half month (45 days) from date of issuing work order.

  • For each failure to install, certify, calibrate, maintain, and/or operate an SO2 and O2 CEMS, as required under Paragraph 16, per monitored parameter per day: Period of Delay Penalty per day 1st through 30th day after deadline $300 31st through 60th day after deadline $600Beyond 60th day after deadline $1,200 or an amount equal to 1.2times the economic benefit of delayed compliance, whichever is greaterC.

  • Commencement Period And Delay Penalty ;- The contractor shall have to commence the work within a period of one month (30 days) from date of issuing work order.

  • There was limited data on adult fish (age-4+) and a high degree of uncertainty in estimates that prevented an estimate of absolute abundance.

  • For each failure to install, certify, calibrate, maintain, and/or operate a CO and O2 CEMS, as required under Paragraph 23, per monitored parameter per day: Period of Delay Penalty per day 1st through 30th day after deadline $300 31st through 60th day after deadline $600Beyond 60th day after deadline $1,200 or an amount equal to 1.2times the economic benefit of delayed compliance, whichever is greater E.

  • For each failure to install, certify, calibrate, maintain, and/or operate a NOx and O2 CEMS, as required under Paragraph 13, per monitored parameter per day: Period of Delay Penalty per day 1st through 30th day after deadline $300 31st through 60th day after deadline $600Beyond 60th day after deadline $1,200 or an amount equal to 1.2times the economic benefit of delayed compliance, whichever is greater B.

  • For each failure to install, certify, calibrate, maintain, and/or operate a COMS, as required under Paragraph 24, per day: Period of Delay Penalty per day 1st through 30th day after deadline $300 31st through 60th day after deadline $600Beyond 60th day after deadline $1,200 or an amount equal to 1.2times the economic benefit of delayed compliance, whichever is greater D.

  • We evaluate the performance of our overlay network construc- tion by computing the Relative Delay Penalty (RDP) metric as defined previously.

  • For failure to install, certify, calibrate, maintain in good working condition and/or operate a CEMS or PEMS, as required by Paragraphs 19, 20, and 25 per day:Period of Delay Penalty per day1st through 30th day after deadline $500 31 st through 60th day after deadline $1,000Beyond 60th day after deadline $2,000 or an amount equal to 1.2times the economic benefit of delayed compliance, whichever is greater 151.

  • We use Relative Delay Penalty (RDP) to evaluate this aspect performance.


More Definitions of Delay Penalty

Delay Penalty shall have the meaning ascribed to it in Clause (d)(iv) of Schedule 5 attached hereto. “Disclosing Party” shall have the meaning ascribed to it in Clause 17.2.
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Delay Penalty means the penalty imposed as a result of unreasonable delays in right-of- way excavation, obstruction, patching, or restoration as established by permit.
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Delay Penalty means the city may establish and impose a reasonable delay penalty for unreasonable delays in right-of-way excavation; obstruction, patching or restoration.
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Delay Penalty shall have the meaning set forth in Section 5.20.
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Delay Penalty. The penalty in the occurrence of any Delay as determined in Clause 28.2.
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Related to Delay Penalty

  • Statutory Penalties are those amounts awarded as a penalty, but are fixed in amount by statute.

  • Civil penalty means a penalty which is imposed on a credit provider by the operation of this Act and under which the debtor is not liable to pay to the credit provider an amount otherwise payable under a regulated contract.

  • PAGA Penalties means the total amount of PAGA civil penalties to be paid from the Gross Settlement Amount, allocated seventy-five percent (75%) to the LWDA and the twenty-five percent (25%) to the Aggrieved Employees in settlement of PAGA claims.

  • CAISO Penalties means any fees, liabilities, assessments, or similar charges assessed by the CAISO for (a) violation of the CAISO Tariff and all applicable protocols, WECC rules or CAISO operating instructions or orders or (b) as a result of Seller’s failure to follow Prudent Electrical Practices. “CAISO Penalties” do not include the costs and charges related to Scheduling and imbalances as addressed in Section 14.1 of this Agreement.

  • eligible penalty means a judgment, penalty or fine awarded or imposed in, or an amount paid in settlement of, an eligible proceeding;

  • Published Penalties means any additional published cancellation penalties levied by Your travel agency or Travel Supplier that apply to all clients of the travel agency or Travel Supplier and can be documented at time of Your purchase of Travel Arrangements from Your travel agency. The maximum amount reimbursable for travel agency published penalties is 25% of the total trip cost excluding taxes and other non-commissionable items.

  • Administrative penalty means a monetary fine imposed by the division for acts or

  • Code Section 409A means section 409A of the Internal Revenue Code and the regulations thereunder.

  • Pension Benefits Act means The Pension Benefits Act of Ontario and regulations thereunder as amended from time to time.

  • Basic health benefit plan means any plan offered to an individual, a small group,

  • Section 409A means Section 409A of the Code and the regulations and other guidance promulgated thereunder.

  • Basic health plan means the plan described under chapter

  • Public health emergency means an emergency with respect to COVID–19 declared by a Federal, State, or local authority.

  • Delinquent act means (i) an act designated a crime under the law of this Commonwealth, or an

  • Section 409A of the Code means the nonqualified deferred compensation rules under Section 409A of the Code and any applicable treasury regulations and other official guidance thereunder.

  • COBRA means the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended.

  • Health Benefits means health maintenance organization, insured or self-funded medical, dental, vision, prescription drug and behavioral health benefits.

  • BENEFIT LIMIT means the total benefit allowed under this plan for a covered healthcare service. The benefit limit may apply to the amount we pay, the duration, or the number of visits for a covered healthcare service.

  • Qualified employer means the federal government.

  • Pension Benefit means a pension, annuity, gratuity or similar allowance which is payable—

  • High Deductible Health Plan means a Health Plan as defined by 26 USC § 223(c)(2)(A) that also is a Qualified Health Plan.

  • Minimum wage means wages as defined under the Minimum Wages Act-1948 and amended from time to time.

  • Section 409A Limit means the lesser of two (2) times: (i) Executive’s annualized compensation based upon the annual rate of pay paid to Executive during the Company’s taxable year preceding the Company’s taxable year of Executive’s termination of employment as determined under Treasury Regulation 1.409A-1(b)(9)(iii)(A)(1) and any Internal Revenue Service guidance issued with respect thereto; or (ii) the maximum amount that may be taken into account under a qualified plan pursuant to Section 401(a)(17) of the Code for the year in which Executive’s employment is terminated.

  • Foreign Benefit Law means any applicable statute, law, ordinance, code, rule, regulation, order or decree of any foreign nation or any province, state, territory, protectorate or other political subdivision thereof regulating, relating to, or imposing liability or standards of conduct concerning, any Employee Benefit Plan.

  • housing benefit means housing benefit under Part 7 of the SSCBA;

  • COBRA Continuation Coverage means the health care benefit continuation coverage mandated by the Consolidated Omnibus Budget Reconciliation Act and similar provisions of state law.