Performance Liquidated Damages Cap definition

Performance Liquidated Damages Cap means an amount equal to [***].
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Performance Liquidated Damages Cap for Xxxx 0 or the Unit 5 Scrubber shall mean * * * of the respective Contract Price for Xxxx 0 or the Unit 5 Scrubber, as may be amended by Change Order.
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Performance Liquidated Damages Cap has the meaning set forth in Section 13.2.
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Examples of Performance Liquidated Damages Cap in a sentence

  • In no event shall the total Performance Liquidated Damages due under this Agreement exceed seven and one-half percent (7.5%) of the Contract Price per Unit (the "Performance Liquidated Damages Cap").


More Definitions of Performance Liquidated Damages Cap

Performance Liquidated Damages Cap means an amount as specified in Schedule G (Key Performance Indicators).
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Performance Liquidated Damages Cap has the meaning set forth in Section 13.2. "Performance Test" means the tests conducted as provided in Section 11.5.
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Performance Liquidated Damages Cap means an amount equivalent to ten percent (10%) of the annual Service Fee.
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Related to Performance Liquidated Damages Cap

  • Performance Liquidated Damages means any liquidated damages resulting from the Project’s performance which are required to be paid by the EPC Contractor or any other Material Project Party for or on account of any diminution to the performance of the Project.

  • Delay Liquidated Damages has the meaning set forth in Section 13.1.

  • SPECIAL LIQUIDATED DAMAGES means the amount payable by the Transport Supplier in case of default arising out of Non-availability of vehicle(s)/crew when the Company's operations are normal and also Non-availability of services due to unauthorized / lightening strike by Transport Supplier or his/her crew for any reason whatsoever. The period of non-availability of services will be treated as shutdown and shall attract Special Liquidated damage at the rate of twice the pro- rata fixed charge per day. Special L.D. shall be levied irrespective of whether such default resulted in a shutdown for the whole day or part thereof.

  • Liquidated Damages means all liquidated damages then owing pursuant to Section 5 of the Registration Rights Agreement.

  • Minimum Payment means the amount of minimum payment as stated in the Fee Schedule;