Penalties for Breach. Any breach by Project Company of its obligations set forth in this Article 9 shall subject Project Company to fines and the obligation to indemnify and compensate for any damages caused by Project Company in accordance with Lao PDR Law.
Penalties for Breach. Unless the Regatta Director is satisfied on reasonable grounds that a failure to comply with Article 33.1 was due to unintended damage, circumstances beyond the reasonable control of the Competitor and/or reasonable and genuine safety concerns of the Competitor:
Penalties for Breach. Violation of this provision may result in the immediate termination of this Agreement and the permanent suspension of Vendor from providing contract transportation for CHCCS. This provision does not relieve Vendor from any of its other responsibilities as set out in this Agreement, including its duty to provide reliable and responsible drivers.
Penalties for Breach. 26.1 Subject to the other provisions of this Clause, any breach by the Concessionaires of their obligations under this Agreement will entitle the Principals to levy a penalty as their sole remedy under this Agreement.
Penalties for Breach. Client understands and agrees that allowing e-mail that does not meet the criteria set forth above is a breach of the E-Mail Terms, which may result in (a) immediate termination or suspension of the Services to Client, with or without notice, and (b) legal action against Client for misuse. Additionally, if Client becomes aware of any such activities, Client is obligated to immediately notify Cobalt and take all other appropriate actions to cause such activities to cease. Client will comply with the terms and spirit of the E-mail Terms. Cobalt reserves the right to immediately suspend or terminate Client’s access to the Service without notice to Client at any time for any reason, including but not limited to Client’s violation of the E-mail Terms. Indirect or attempted violations of the E-mail Terms, and actual or attempted violations by a third party on behalf of a Client, shall be considered violations of the E- mail Terms by such Client.
Penalties for Breach. For the event of violation of the foregoing covenants of Non-Competition and Non-Solicitation and the covenant pursuant to Article 1 by any of the Murmann Family Members (the “Breaching Murmann Family Member”), such Breaching Murmann Family Member shall pay to Danfoss a penalty in the amount of USD 650,000.00 (in words: USD six hundred and fifty thousand) for each individual case. A continued violation shall be deemed a new violation triggering a further penalty payment with the beginning of each month after occurrence of the initial violating act or conduct, without consideration of any coherence of continuation. The right of Danfoss to claim any further damages in excess of the amount of the penalty paid by the Breaching Murmann Family Member shall not be affected.
Penalties for Breach. You further understand and agree that any disclosure or misuse of Confidential Information or breach of any other pre-existing contract or legal obligation relating to Confidential Information and property of the Company will constitute a material breach of this Agreement and will subject you to potential legal penalties at law and in equity. Specifically, you understand and agree that breach of this Section 3 this Agreement by you or any person to whom you disclosed Confidential Information will constitute irreparable harm and will provide the Company the right to immediate injunctive relief, and will immediately terminate any right that you may have to receive any payment whatsoever which may be contemplated by this Agreement. Repayment by you to the Company will be required of the total lump sum of any payments already made under this Agreement upon an arbitrator’s PepsiCo Xxxxx determination of a breach of Section 3 of this Agreement. Any repayment by you will include interest running from the date of the breach or misuse computed at 120% of the Applicable Federal Rate published by the Internal Revenue Service from time to time.
Penalties for Breach. Neither party has the right to unilaterally cancel this contract and the attached appendix. This contract can only be terminated when there is a written agreement of both parties or by decision of a competent jurisdiction. If either party shall default in performance of any of the covenants or obligations imposed under this Contract and shall not remedy the default within ten days upon receipt of written notice from the other party, the party not in default may, at its option, terminate the Contract. In case of contract termination, the party in default shall compensate the other party for actual damage. The total compensation value shall not exceed 50% of the contract value. Any amount payable to Party B under the contract that is not paid within 10 days from the date Party A has to pay, Party B can suspend the performance of its obligations in this contract until the payment is made in full. If Party B performs the contract slowly according to Article 2.1 and Article 3.4 and due to Party B's fault, Party B shall pay for penalty 0.5% of the total contract value / 1 day late since the 13th day. In case the default comes from unexpected requirements from Party A or force majeure causes any delay, two party shall confirm the default in writting
