LIQUIDATED DAMAGES CLAUSE Sample Clauses

LIQUIDATED DAMAGES CLAUSE. The USD #251 North Lyon County Board of Education may consider teacher resignations after the notification deadline on a case by case basis and reserves the right to charge liquidated damages as follows: 30-59 days after notification deadline - $500, 60-89 days after notification deadline - $750, and after 90 days - $1,000.
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LIQUIDATED DAMAGES CLAUSE. Once a contract is signed, it is assumed that teachers will not request a release during the term of the contract. It is mutually acknowledged that termination of a contract by the teacher, prior to the completion of the contract terms, results in damages to the School District which are impractical or extremely difficult to actually ascertain. In an effort to fix compensation which bears a reasonable relationship to probable damages and which is not disproportionate to reasonably anticipated damages, the following sum shall be paid by a teacher requesting a release from contract which is approved by the school board. Release Requested During Period From: May 15th ~ June 30th $ 300 July 1st ~ July 15th $ 600 July 16th ~ July 31st $1,000 August 1st ~ August 15th $1,200 August 15th ~ End of Term $1,400 Nothing contained herein shall be construed to mean that the Board must release the teacher upon payment of the above amount. The school board may, in its sole discretion and by reason of extenuating circumstances, waive part or all of such liquidated damages.
LIQUIDATED DAMAGES CLAUSE. Once a contract is signed it is assumed that teachers will not request a release during the term of the contract. It is mutually acknowledged that a termination of this contract by the teacher, prior to the completion of the contract terms, results in damages to the school district which are extremely difficult to actually ascertain. In an effort to fix a compensation which bears a reasonable relationship to probable damages and which is not disproportionate to reasonable anticipated damages, the following sum shall be paid by a teacher requesting a release from contract which is approved by the school board. Release requested during the period from: Date of Acceptance- June 30 $1000.00 July 1 - July 15 1500.00 July 16 - July 31 2000.00 August 1 - end of term 2500.00 The school board may, in its sole discretion and by reason of extenuating circumstances, release a teacher from their contract and/or waive part of or all of such liquidated damages.
LIQUIDATED DAMAGES CLAUSE. 1. An amount equivalent to two days of contract amount, subject to a minimum of Rs.2000/- will be levied as liquidated damages per day. Whenever and wherever it is found that the work is not up to the mark in any Section, it will be brought to the notice of the agency/firm by ICAR/CAZRI, RRS, Bikaner and if no action is taken within one hour liquidated damages clause will be invoked.
LIQUIDATED DAMAGES CLAUSE. Any breach or non-fulfillment of conditions will be considered a substantial breach of this agreement by you. If there is such a breach (NAME OF EMPLOYER) may, at its option, terminate this agreement immediately. In addition, it is agreed that (NAME OF EMPLOYER) will be substantially damaged by your failure to remain at (NAME OF EMPLOYER) in the practice of medicine for a minimum of three years and that, considering that precise damaged are difficult to calculate, you will agree to pay (NAME OF EMPLOYER) the sum of $250,000.00 if you fail to fulfill any portion of your minimum three-year contract. Should you perform any portion of the employment contract, you agree to pay a pro rata share based upon the number of months you failed to fulfill (i.e. $6,945.00 per month). In addition to liquidated damages, (NAME OF EMPLOYER) will recover from you any other consequential damages, and reasonable attorney fees costs and expenses, due to the failure to provide services to (NAME OF EMPLOYER) for a minimum of three years, EXCEPT THAT, the full-time practice of medicine at another licensed medical facility, in Health Professional Shortage area (as defined by the United States Public Health Service) with the Delta Regional Authority (as defined by DRA) shall be considered the same a fulltime practice of medicine at (NAME OF EMPLOYER) for purpose of this paragraph. In the event of a dispute under this paragraph, either party may submit this matter to binding arbitration. The parties agree in consideration of compliance with the forgoing, to indemnify and hold harmless the Delta Regional Authority and / or any person, firm or corporation now or hereafter acting as agent for the DRA in any capacity, and any successors in any such capacities and successors and assigns of DRA, from and against any loss, claim, damage and expense in connection with, or arising out of, compliance with the waiver application set forth herein or any other litigation. Re: Additional Liquidated Damages Clauses Any other clause mandating consequential or liquidated damages being paid to the employer must be separate for the DRA clause. XXX takes no position with respect to the inclusion of such an additional contractual agreement. I declare under the penalties of perjury that the foregoing is true and correct. Physician’s Signature: Physician’s Name: Subscribed and sworn before me this day of , 20 .
LIQUIDATED DAMAGES CLAUSE. Allows the non-breaching party to recover damages in the event that actual damages are difficult to calculate. However, the amount of liquidated damages needs to be reasonable in light of the circumstances.
LIQUIDATED DAMAGES CLAUSE x. Xxxxxxxxxx shall be responsible for the faithful compliance of scope of work mentioned in Xxxxxxxx XX.
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LIQUIDATED DAMAGES CLAUSE. 0.50% of contract amount per day subject to max 5% of contract value for not attending the breakdown emergency calls. The penalty/ xxxxx will be imposed as under:
LIQUIDATED DAMAGES CLAUSE. 23.An amount of Rs. 5000 from the contract amount or the actual cost of loss will be levied as liquidated damages per day/per case whenever and wherever it is found that the work is not up to the mark in any section. It will be brought to the notice of the supervisory staff of the firm by the ICAR and if no action is taken within 24 hours liquidated damages clauses will be increased.
LIQUIDATED DAMAGES CLAUSE. 8.2.1 If in accordance with subsection 8.2 of the General Conditions (Schedule 1)., the Minister declares that an event of default has occurred and directs the Propone:zt to transfer and deliver to the Minister, title to, possession of, and all rights of the Proponent in the Intellectual Property, then the Proponent shall immediately cornply or as an alternative, the Proponent may offer to pay a settlement amount ("the Settlement Amount"), as determined by the formula in Article 8.2.2, and the Minister shall accept this offer.
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