Delivery Delay definition
Examples of Delivery Delay in a sentence
Delivery Delay by City .......................................................................................
Buyer and Seller agree that the amount of Delivery Delay Liquidated Damages are reasonable in light of the anticipated harm caused by the breach of duty related thereto and the difficulties of proof of loss and inconvenience or non-feasibility of obtaining any adequate remedy with respect to the actual level of damages Buyer is likely to suffer as the result of a Delivery Delay Event, and the Parties are estopped from contesting the validity or enforceability of such liquidated damages.
Payment of any Delivery Delay Liquidated Damages shall occur by Seller within [***] following the date Buyer submits to Seller an invoice therefore.
Once Seller has accrued Delivery Delay Liquidated Damages in an amount equal to the Delivery Delay Liquidated Damages Cap or Aggregate Delivery Delay Liquidated Damages Cap, as applicable, Buyer shall be entitled to exercise the rights provided in Clause 6.5.
The aggregate amount of the Delivery Delay Liquidated Damages payable by Seller to Buyer for all Deliverables shall not exceed [***].
Except as provided in Clause 28.1 and Clause 28.3, the payment of Delivery Delay Liquidated Damages during the period prior to the Delay Limit Date shall be Buyer’s sole and exclusive remedy and Seller’s sole and exclusive liability for any Delivery Delay Event.
In the event of a delay in the performance of work or in the submission of a deliverable under the Contract for which the Contractor is responsible, a Penalty for Delivery Delay shall be imposed.
The aggregate amount of the Delivery Delay Liquidated Damages payable by Seller to Buyer for all Deliverables shall not exceed [***] .
Delivery Delay by City ..............................................................................................
In the event of a delay in the performance of work or in the submission of a Deliverable under the Contract for which the Contractor is responsible, a Penalty for Delivery Delay shall be imposed.