Common use of Missing Notation Fee Clause in Contracts

Missing Notation Fee. The Missing Notation Fee on any Invoice that is sent by Seller to a Payor that does not contain the notice as required by Section 12.3. hereof. It is recognized that the costs imposed upon Purchaser by the Seller’s action or inaction resulting in the imposition of this fee are difficult to ascertain, and this fee represents the good faith effort to compensate Purchaser without imposing upon the parties the expensive burden of litigating that cost, and is the agreed liquidated damages with result therefrom.

Missing Notation Fee. The Missing Notation Fee on any Invoice that is sent by a Seller to a Payor that does not contain the notice as required by Section 12.313.3. hereof. hereof It is recognized that the costs imposed upon Purchaser by the a Seller’s 's action or inaction resulting in the imposition of this fee are difficult to ascertain, and this fee represents the good faith effort to compensate Purchaser without imposing upon the parties the expensive burden of litigating that cost, and is the agreed liquidated damages with result therefrom.