Penalties for delay. 9.1.1 If the Supplier fails to comply with the dates or deadlines for the delivery of the Goods and/or performanceof the Services specified in the Contract, exceptfor reasonsattributable to the Purchaser, the latter is entitled toapplyandinvoicepenalties, withoutanyprior official notification, from the moment any date or deadline has been reached.
Penalties for delay. 1. In the event of a delay in the performance of work or in the submission of a deliverable under the Contract for which the Contractor is responsible, a Penalty for Delivery Delay shall be imposed.
Penalties for delay. Beginning on January 1, 2023 and for the remainder of the Term, in the event Curia does not Deliver Product on or before the date set forth in the applicable Purchase Order, the penalties set forth in the table below shall apply to the Unit Price of the Product ("Delay Penalties"). For clarity, Delay Penalties shall apply only to small and/or medium scale Batches of Product for Most of World ("MOW Batches"). In addition, Delay Penalties shall in no event apply if a delivery delay is due to: (i) Indivior’s failure to provide Indivior Materials and other required documentation or information in accordance with this Agreement which is required for Curia to Process the Product on the scheduled Processing Date; (ii) the applicable Product fails to meet the target molecular weight as defined in the Specifications; (iii) there is a delay caused by third party testing of the applicable Product; or (iv) Indivior exercises its right to modify a Purchase Order in accordance with Section 4.4 above within four (4) months of the scheduled Processing Date of the applicable Batch of Product. Number of Days Delivery is Late % of Price Deducted* 30-59 days [***]% 60 days or more [***]% *The Percentage of Price Deducted shall be applied to Column B of the table set forth in Exhibit B. By way of example, if a Batch of Product SKU# [***] is Delivered 30 days after the delivery date set forth in the applicable Purchase Order, the Unit Price paid by Indivior for each unit of Product in such Batch shall be reduced by [***]%; the Unit Price for each unit in such Batch would therefore be $[***] - ($[***] * [***]) = $[***].
Penalties for delay. 9.1.1 If the Supplier fails to comply with the dates ordeadlines for the delivery of the Goods and/orperformanceofthe Servicesspecifiedin the Contract, exceptforreasons attributable to the Purchaser, the latteris entitled to apply andinvoicepenalties, withoutanypriorofficial notification, from the moment any date or deadline has been reached.
Penalties for delay. If the Contractor does not complete the services on the completion date stipulated in the Contract, the UNWTO may deduct 5% of the total price of the contract per week of delay up to a limit of four (4) weeks. After the above period, if the Contractor has not completed the provision of the Services, the UNWTO may carry out the actions provided for in Article 17 of these General Conditions. Such sum will be deducted on mere grounds of the delay without the need for prior notification or judicial proceedings or evidence of damages which in all cases shall be considered proven. The payment or deduction of such damages shall not relieve the Contractor from its obligation to fully complete the Services or any other of its obligations or responsibilities under the contract.
Penalties for delay. In the case of delay in payment or transfer of the assets, the party at fault shall pay the other party an amount equal to 1 out of 500 of the contract amount per each day of delay.
Penalties for delay. 7.1 The timely performance and delivery is essential to the Purchase Agreement. Seller shall notify Mangiarotti, in writing, of any potential or actual delayed delivery, of the reasons for the delay and the actions taken by Seller to overcome or minimize the delay. Provided that said notice is sent within maximum three (3) Days from occurrence of the event causing the delay, or discovery of the same, Mangiarotti and Seller may agree to adjust the delivery date accordingly. In any event, such notice will in no way relieve Seller of its obligations under the Purchase Agreement.
Penalties for delay. The parties agree to establish the following ways to punish the default of the obligations acquired in virtue of the present contract: a) in the event of delay or default of the obligations assumed by the CONTRACTOR according to the provisions in the present contract, the DIRECTION can demand from the CONTRACTOR the full execution of the contract, imposing fines which amount will be liquidated with base in a 0.5% over the total amount of the contract, for a term of up to 13 working days. This sanction will be imposed through administrative act in which will be indicated the causes. b) In the event of delay in the payments according to the provisions in clause Thirteen herein, the CONTRACTOR can demand from the DIRECTION the acknowledgment of legal interests, over the updated historic value of the amounts owed.
Penalties for delay. Beginning on January 1, 2024 and for the remainder of the Term, in the event Curia does not Deliver Product on or before the date set forth in the applicable Purchase Order, the penalties set forth in the table below shall apply to the Unit or Batch Price of the Product required documentation or information in accordance with this Agreement which is required for Curia to Process the Product on the scheduled Processing Date; (ii) the applicable Product fails to meet the target molecular weight as defined in the Specifications; (iii) there is a delay caused by third party testing of the applicable Product; or (iv) Indivior exercises its right to modify a Purchase Order in accordance with Section 4.3 above within four (4) months of the scheduled Processing Date of the applicable Batch of Product.
Penalties for delay. 1. In the event of a delay in the performance of work or in the submission of a deliverable under the Contract for which the Contractor is responsible, the articles on “Suspension of Execution” and/or the “Termination of the Contract” of Annex I. GENERAL CONDITIONS OF CONTRACT shall apply.
