Liquidated Damages Schedule definition

Liquidated Damages Schedule means, with respect to any date, 0.25% of the aggregate Fair Market Value of the Registrable Shares held by such Holder for the first 60-day period immediately following such date, with such rate increasing to .50% of the Fair Market Value of the Registrable Shares, per 30-day period, accruing daily, for each subsequent 60-day period, up to a maximum of 1.00% of the Fair Market Value of the Registrable Shares per 30-day period or pro rata for any portion thereof following such date.
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Liquidated Damages Schedule means the schedule of liquidated damages attached hereto as Exhibit B.
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Examples of Liquidated Damages Schedule in a sentence

  • Since it is impractical and infeasible to determine the amount of actual damage, it is agreed that the Vendor shall pay to the District as fixed and liquidated damages, and not as a penalty, the sums stated in the Liquidated Damages Schedule, Article 45.0, of RFP 1516-1000 Student Transportation Services, for each and every school day the Proposer is in violation of the Specifications or other Contract Documents.

  • Schedule 1 Liquidated Damages Schedule 2 Liquidated Damages First Occurrence $100.00 First Occurrence $250.00 Second Occurrence $250.00 Second Occurrence $500.00 Third and Subsequent Occurrence $500.00 Third and Subsequent Occurrence $1,000.00 The specified liquidated damages amounts are in addition to, and not in lieu of, any other charge or amount that may be due for the conduct giving rise to the violation.

  • The amount of the liquidated damages will be the greater of the Liquidated Damages Schedule below or two hundred dollars ($200).

  • After negotiation, the Parties have agreed that the damages set forth in the Liquidated Damages Schedule are in the nature of liquidated damages and are a reasonable and appropriate measure of the damages that Contractor would incur as a result of such delays or failure, and do not represent a penalty.

  • For the purposes of this Liquidated Damages Schedule, the Operator shall be obliged to pay Liquidated Damages if it breaches certain identified Technical Specifications as identified in this Liquidated Damages Schedule.

  • Liquidated damages as Per Liquidated Damages Schedule defined in Special Provisions per calendar day shall be paid if project is not completed by that deadline.

  • Borrower may, at its option, voluntarily prepay the Indebtedness in full and terminate Lender's security interest in the Collateral hereunder at any time, provided, however, that Borrower has given Lender ninety (90) days written notice of any such intention to prepay the Indebtedness in full and Borrower pays to Lender the "Liquidated Damages" (Schedule Section 2.6) as liquidated damages and not as a penalty for such prepayment.