SPECIAL LIQUIDATED DAMAGES definition

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.
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SPECIAL LIQUIDATED DAMAGES means the amount payable by the Transport Supplier in case of default as mentioned in para 1.14 sub clause (n) of Section-III which shall levied 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.
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SPECIAL LIQUIDATED DAMAGES means the amount payable by the Transport Supplier in case of default which shall levied at the rate of twice the pro- rata fixed charge per day. Special L.D. shall be levied irrespective of whether such
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Examples of SPECIAL LIQUIDATED DAMAGES in a sentence

  • 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.

  • In case of continuing default beyond 12(Twelve) cumulative hours in a month, it would be treated, as breach of Contract and penalty as per clause No.1.27 will only be applicable.(b) "SPECIAL LIQUIDATED DAMAGES" means the amount payable by the Transport Supplier in case of default which shall levied at the rate of twice the pro- rata fixed charge per day.

  • In case of continuing default beyond 12(Twelve) cumulative hours in a month, it would be treated, as breach of Contract and penalty as per clause No.1.27 will only be applicable.1.22(b) "SPECIAL LIQUIDATED DAMAGES" means the amount payable by the Contractor in case of default as mentioned in para 1.14 (A) sub clause (o) & (p) which shall be levied at the rate of twice the prorata fixed charge per day.

  • 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 reasonwhatsoever.

  • In case of continuing default beyond 12(Twelve) cumulative hours in a month, it would be treated, as breach of Contract and penalty as per clause No.1.27 will only be applicable.(b) "SPECIAL LIQUIDATED DAMAGES" means the amount payable by the Transport Supplier in case of default as mentioned in para 1.14 sub clause(n) of Section-III which shall levied at the rate of twice the pro-rata fixed charge per day.

  • 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 tounauthorized / lightening strike by Transport Supplier or his/her crew for any reason whatsoever.

  • In case of continuing default beyond12(Twelve) cumulative hours in a month, it would be treated, as breach of Contract and penalty as per clause No.1.27 will only be applicable.1.22(b) "SPECIAL LIQUIDATED DAMAGES" means the amount payable by the Contractor in case of default as mentioned in para 1.14 (A) sub clause (o) & (p) which shall be levied at the rate of twice the prorata fixed charge per day.

  • 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.

  • 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 Nonavailability of services due to unauthorized / lightening strike by Transport Supplier or his/her crew for any reason whatsoever.

  • Company’s information, including official registered title, type of business, address, and contact person information.2. A short description of the company and of past similar experience3.


More Definitions of SPECIAL LIQUIDATED DAMAGES

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
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SPECIAL LIQUIDATED DAMAGES means the amount payable by the Transport Supplier in case of default as mentioned in para 1.14 sub clause
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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
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SPECIAL LIQUIDATED DAMAGES means the amount payable by the Transport Supplier in case of default as mentioned in para 1.14 sub clause (n) of Section-III which shall levied at the rate of twice the pro-rata fixed
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SPECIAL LIQUIDATED DAMAGES means the amount payable by the Transport Supplier in case of default as mentioned in para 1.14 (A) sub clause (o) & (p) which shall be levied at the rate of twice the prorata fixed charge per day. Special X.X. shall be levied irrespective of whether such default resulted in a shutdown for the whole day or part thereof.
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Related to SPECIAL LIQUIDATED DAMAGES

  • Liquidated Damages shall have the meaning set forth in Section 2(e) hereof.

  • 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;

  • 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%.

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

  • Redemption Fee means the fee applied by us for the return of funds to an IBAN Account holder, or Cardholder following a request for redemption by an IBAN Account holder Cardholder under this Agreement, as specified in the attached Fees & Limits Schedule;

  • Redemption Price when used with respect to any Security to be redeemed, means the price at which it is to be redeemed pursuant to this Indenture.