LIQUIDATED DAMAGES Liquidated Damages for Delay. 13.1. In the event that the LRT Consultant fails to submit to the Company any report for which a binding submission date has been determined by the Company, the LRT Consultant shall pay the Company an amount equal to two hundred and fifty Euro (€ 250) for each day commencing on the date for submission of the applicable report and ending on the actual submission thereof (the “Liquidated Damages for Delay”). If the delay in the submission of one or more of the reports specifies in Section 13.1 occurs during Infra 2 Stage, then the LRT Consultant shall pay the Company an amount equal to five hundred Euro (€ 500) for each day and the rest the provisions of this section shall apply, mutatis mutandis.
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LIQUIDATED DAMAGES
Liquidated Damages for Delay. 13.1. In the event that the LRT Consultant fails to submit to the Company any report for which a binding submission date has been determined by the Company, the LRT Consultant shall pay the Company an amount equal to two hundred and fifty Euro (€ 250) for each day commencing on the date for submission of the applicable report and ending on the actual submission thereof (the “Liquidated Damages for Delay”). If the delay in the submission of one or more of the reports specifies in Section 13.1 occurs during Infra 2 Stage, then the LRT Consultant shall pay the Company an amount equal to five hundred Euro (€ 500) for each day and the rest the provisions of this section shall apply, mutatis mutandis.. Liquidated Damages for Team Members
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Samples: www.transisrael.co.il, www.transisrael.co.il
