Common use of Late Performance Clause in Contracts

Late Performance. To the extent that the Service Provider fails to perform any Services by the applicable time line, plus a grace period of fifteen (15) days, ICRC will be entitled to a five (5) percent discount off the total fees related to such late Services or delivery per additional week of delay, up to thirty (30) percent, without prejudice to any other rights and remedies. The Service Provider shall automatically apply such discount on its next invoice or refund the relevant amount to ICRC, if so requested.

Late Performance. To the extent that the Service Provider fails to perform any Services by the applicable time linetimeline, plus a grace period of fifteen (15) days, ICRC will be entitled to a five (5) percent discount off the total fees related to such late Services or delivery per additional week of delay, up to thirty (30) percent, without prejudice to any other rights and remedies. The Service Provider shall automatically apply such discount on its next invoice or refund the relevant amount to ICRC, if so requested.