Liquidated Damages Cap definition

Liquidated Damages Cap means the maximum sum payable in respect of liquidated damages as ascertained from the Quotation or the Order (as the case may be). In the event that the Quotation specifies that the Works are to be conducted in Stages “Liquidated Damages Cap” shall mean the maximum sum in relation to the relevant Stage, as ascertained from the Quotation or the Order (as the case may be). Where no such maximum sum is ascertainable from the Quotation, then “Liquidated Damages Cap” shall mean the maximum sum payable in respect of liquidated damages as published by National Grid from time to time;
Liquidated Damages Cap shall have the meaning set forth in Section 2.04(g).
Liquidated Damages Cap means * percent (*%) of the total aggregate amount of the Contract Prices under all of the Multi-Hearth Furnace Contracts, as such Contract Prices may be modified from time to time pursuant to Change Orders thereunder. The aggregate amount of Liquidated Damages paid pursuant to this Contract and all of the other Multi-Hearth Furnace Contracts shall not exceed, in the aggregate, the Liquidated Damages Cap.

Examples of Liquidated Damages Cap in a sentence

  • The foregoing Liquidated Damages Cap shall not limit any other amounts owed by Seller (e.g., indemnity, back charges for work completed by Purchaser) pursuant to this Contract.

  • Seller’s aggregate liability for Liquidated Damages under all of the Multi-Hearth Furnace Contracts is the Liquidated Damages Cap; provided that all or any portion of the Liquidated Damages Cap may be used to satisfy Liquidated Damages liability under any one or more of the respective Multi-Hearth Furnace Contracts.

  • The maximum amount payable by the O&M Contractor in respect of such Availability Liquidated Damages or pursuant to this Clause 9.10 will not exceed the Availability Liquidated Damages Cap.

  • The total aggregate liability of the O&M Contractor to pay Availability Liquidated Damages in respect of any Availability Test Period shall not exceed the amount of the Availability Liquidated Damages Cap.

  • In addition to being subject to the Liquidated Damages Cap, the payment of the Liquidated Damages and the Delay Liquidated Damages to a Selling Holder shall cease at such time as the Registrable Securities of such Selling Holder become eligible for resale under Rule 144 of the Securities Act.


More Definitions of Liquidated Damages Cap

Liquidated Damages Cap shall have the meaning specified in Section 2.01(d) of this Agreement.
Liquidated Damages Cap means the maximum sum payable in respect of liquidated damages as ascertained from the Quote or the Order (as the case may be). Where no such maximum sum is ascertainable from the Quote, then “Liquidated Damages Cap” shall mean the maximum sum payable in respect of liquidated damages as published by SGN from time to time;
Liquidated Damages Cap has the meaning set forth in Section 11.1.
Liquidated Damages Cap means that the Company will not pay in the aggregate, more than 3% of the amount invested by each Investor to that Investor in liquidated damages without regard to which clause in the Transaction Documents requires the Company to pay such damages.
Liquidated Damages Cap. As defined in Section 2(b)(vi) hereof.
Liquidated Damages Cap shall have the meaning set out in Schedule 5 (Performance);
Liquidated Damages Cap has the meaning set forth in Section 7.2.