Schedule Liquidated Damages definition

Schedule Liquidated Damages shall have the meaning set forth in Exhibit C-3.
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Schedule Liquidated Damages has the meaning given to such term in the Original Construction Contract.
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Schedule Liquidated Damages has the meaning set forth in Section 11.02 and Section 11.03.
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Examples of Schedule Liquidated Damages in a sentence

  • In the event GEC fails to achieve Commercial Operation on or before the Guaranteed Completion Date, except for cases of Force Majeure, Owner may invoice GEC in arrears on a monthly basis for the applicable Schedule Liquidated Damages associated with the applicable phase as set forth in Exhibit C-3.

  • No Schedule Liquidated Damages if otherwise applicable, shall be imposed upon GEC during any period in which Owner is reviewing, or GEC is responding to any objections asserted by Owner with respect to, Final Completion Certificates submitted by GEC.

  • Schedule Liquidated Damages are described (and shall be determined as provided) in Exhibits C-3, and are partially accumulated by: (i) cumulative retention over the course of the Agreement; and (ii) withholding of Milestone Payments, particularly those associated with testing and commercial operation, but only if testing and commercial operation have not occurred prior to the Guaranteed Completion Date and then only if Retention is not sufficient.

  • Within thirty (30) days after the end of each month during which Schedule Liquidated Damages accrue under this Article XI, Owner shall provide Contractor with a statement of the amount of Schedule Liquidated Damages owed for such month.

  • It has been explained that for this purpose BRPL has added 686 MVA of distributiontransformer capacity which is 26.5% of the total distribution capacity existing as on July, 2002.

  • No Schedule Liquidated Damages if otherwise applicable, shall be imposed upon Contractor during any period in which GEC is reviewing, or Contractor is responding to any objections asserted by GEC with respect to, Final Completion Certificates submitted by Contractor.

  • Notwithstanding the foregoing, the payment of Schedule Liquidated Damages shall not excuse any Vendor obligations or Bechtel rights not associated with a delay in the Delivery of the Equipment (e.g., warranty, backcharge, indemnity obligations).

  • Schedule Liquidated Damages shall be paid by Vendor by the 15th Day of the month following the month in which such damages were incurred.

  • Nothing contained in this Article V shall relieve Contractor of its obligation to pay Schedule Liquidated Damages in the event that Mechanical Completion is not achieved by the Guaranteed Mechanical Completion Date.

  • Schedule Liquidated Damages shall be paid as agreed stipulated damages, and not as a penalty.


More Definitions of Schedule Liquidated Damages

Schedule Liquidated Damages means schedule liquidated damages as set out in
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Schedule Liquidated Damages has the meaning given in Section 8.1.1.
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Schedule Liquidated Damages has the meaning set forth in Section 11.2(a). “Service Package” means the Standard Service Package, and any Fixed Energy Capacity Guarantee Service Package or Maintenance Only Service Package. “Service Package Extension” means any Fixed Energy Capacity Guarantee Service Package or Maintenance Only Service Package following the Standard Service Package. “Service Package Extension Fee” has the meaning set forth in Section 7.3. “Service Package Extension Period” means the period after the expiration of the Standard Service Package Period during which a Service Package Extension is effective. “Service Package Period” means the Standard Service Package Period and all Service Package Extension Periods.
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Schedule Liquidated Damages has the meaning set forth in Section 6.5.
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Schedule Liquidated Damages has the meaning set forth in Section 11.2, Schedule Liquidated Damages, of Article XI,
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Related to Schedule Liquidated Damages

  • 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.

  • 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.

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

  • Liquidated Damages Amount has the meaning set forth in Section 2(e) hereof.

  • Liquidated Damages Multiplier means, with respect to a particular Purchaser, (i) the product of the Common Unit Price multiplied by (ii) the number of Purchased Units purchased by such Purchaser that may not be disposed of without restriction and without the need for current public information pursuant to any section of Rule 144 (or any similar provision then in effect) under the Securities Act.

  • Damages Payment Date With respect to the Series A Notes, each Interest Payment Date.

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Basic Rent Payment Date means Basic Rent Payment Date as defined in Paragraph 6.

  • Net Premium means the premium, net of reinsurance premiums paid, HRA and GME payments, and MCO tax expenses.

  • Extended Due for Payment Date means, in relation to any Series of Covered Bonds, the date, if any, specified as such in the applicable Final Terms to which the payment of all or (as applicable) part of the Final Redemption Amount payable on the Final Maturity Date will be deferred in the event that the Final Redemption Amount is not paid in full on the Extension Determination Date.

  • Redemption Payment Date As defined in Section 13.1.

  • Closing Fees means those fees required to be paid on the Closing Date pursuant to the Fee Letter.

  • Late Payment Surcharge shall have the meaning ascribed thereto in Article 10.3.3 of this Agreement;

  • Extra Premium means an additional amount charged by Us, as per Our Underwriting Policy, which is determined on the basis of disclosures made by You in the Proposal Form or any other information received by Us including medical examination report of the Life Insured.

  • Maximum Premium has the meaning set forth in Section 7.06(b).

  • Redemption Premium means (i) in the case of the Events of Default described in Section 4(a)(i) - (vi) and (ix) - (xii), 125% or (ii) in the case of the Events of Default described in Section 4(a)(vii) - (viii), 100%.

  • Milestone Payment Date has the meaning set forth in Section 2.4(a).

  • Additional Required Registration Amount means (I) any Cutback Shares not previously included on a Registration Statement, all subject to adjustment as provided in Section 2(f) or (II) such other amount as may be permitted by the staff of the SEC pursuant to Rule 415, without regard to any limitations on exercise of the Warrants.

  • Additional Interest Amount means, with respect to Trust Securities of a given Liquidation Amount and/or a given period, the amount of Additional Interest paid by the Depositor on a Like Amount of Notes for such period.

  • Minimum Payment Due means the least payment amount, specified in the “Statement of Account”, required to be paid by the “Principal Cardholder” on or before the “Payment Due Date” in order to keep the “Card Account” active. “Past Due Amount” from previous “Billing Cycle” will form part of the “Minimum Payment Due”.

  • Redemption Amount means, as appropriate, the Final Redemption Amount, the Early Redemption Amount (Tax), the Optional Redemption Amount (Call), the Optional Redemption Amount (Put), the Early Termination Amount or such other amount in the nature of a redemption amount as may be specified in, or determined in accordance with the provisions of, the relevant Final Terms;

  • Loss Payment Date has the meaning specified in Section 7.05(a) of the Indenture.

  • Section 409A Payment Date means the earlier of (a) the date of Executive’s death or (b) the date that is six months after the date of termination of Executive’s employment with the Company.