Common use of Payment of Liquidated Clause in Contracts

Payment of Liquidated. Damages by the Supplier in accordance with Clause 9.1 above shall be in full discharge of the non-achieved [ICP Project Value] and the sole remedy of the Government against the Supplier for such failure in achieving the agreed [ICP Project Value] only. For the avoidance of doubt, the Government shall still be entitled to any other remedy to which it is entitled for (among others) any other failure or breach of this Agreement by the Supplier.

Appears in 2 contracts

Sources: Icp Agreement, Confidential Agreement