Early Delivery Incentives Sample Clauses
The Early Delivery Incentives clause establishes rewards for completing a project or delivering goods or services ahead of the agreed-upon schedule. Typically, this clause outlines specific bonuses or financial incentives that the contractor or supplier will receive if they meet or exceed certain early delivery milestones. By providing a tangible benefit for early completion, the clause encourages timely or accelerated performance, helping to ensure that projects are finished sooner and potentially reducing overall project costs or disruptions.
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Early Delivery Incentives. In the event that a flight Spacecraft is delivered any time prior to one month after the stipulated date in accordance with the provisions of this Contract, and the Purchaser is able to take advantage of the early delivery by scheduling an earlier Launch date, then the Contractor shall be entitled to earn an Early Delivery Incentive payment for each day the Spacecraft is delivered prior to one month after the scheduled delivery date up to the amount of days that the Purchaser is able to advance the Launch date from the original scheduled Launch , as follows: EACH SPACECRAFT CALENDAR DAYS DELIVERY IS EARLY INCENTIVE RATE 1st through 90th $15,000 per day Maximum Price Increase $1,350,000.00. In the event that the Contractor is able to deliver any of the Spacecraft earlier than one month after the scheduled delivery date but the Purchaser is not able to arrange an earlier Launch Date, then the Contractor shall be entitled to earn the following early delivery incentive: EACH SPACECRAFT 1st through 30th day $1,350 per day
Early Delivery Incentives. In the event that FM-1, FM-2 and FM-3 are all delivered On-Orbit/Checked Out before March 31, 2000, an early delivery incentive shall be paid to the Contractor at a rate of $45,000 per day from the date delivery of all three Satellites occurs On-Orbit/Checked Out through March 31, 2000 or a 90 day period, whichever occurs first. In the event that FM-4 is delivered to Ground Storage before May 31, 2000, an early delivery incentive shall be paid to the Contractor at a rate of $15,000 per day from the date delivery occurs to Ground Storage through May 31, 2000 or a 90 day period, whichever occurs first.
Early Delivery Incentives. In the frame of implementation of the Early Delivery ED2 Scope of Work, Purchaser and Contractor agree that, in case schedule saving is totally or partially achieved, Early Delivery Incentives shall be paid by Purchaser to Contractor according to the following process : For each Batch, the Contractor shall be entitled to earn [*]% of the Early Delivery Incentives based on PSR ED2 Schedule Saving, as applicable, and [*]% of the Early Delivery Incentives based on Launch ED2 Schedule Saving. The amount of Early Delivery Incentives payable to the Contractor shall be calculated on a Prorata Temporis basis taking into account the actual number of Days of PSR ED2 Schedule Saving, and Launch ED2 Schedule Saving divided by the PSR Schedule Saving Days for [*]% Incentives as identified in the Table below for each Batch. This Early Delivery Incentives amount shall be paid within thirty (30) Days after receipt by the Purchaser of the corresponding invoice from the Contractor. The amount of PSR ED2 Early Delivery Incentives to be paid by the Purchaser shall not exceed [*]Euro ([*] Euro) per Batch. The amount of Launch ED2 Early Delivery Incentives to be paid by the Purchaser shall not exceed[*]Euro ([*] Euro) per Batch. Batch 1 FM 2 to FM7* March 14, 2010 Feb 2, 2010 40 [*] Batch 2 FM 8 to FM13* May 5, 2010 March 28, 2010 38 [*] Batch 3 FM 14 to FM19* June 16, 2010 May 9, 2010 38 [*] Batch 4 FM 20 to FM 25* July 28, 2010 June 30, 2010 28 [*]