Common use of PERFORMANCE AND DELIVERY Clause in Contracts

PERFORMANCE AND DELIVERY. In the absence of a stipulated time for completion of the Services, we shall render the Services in a reasonable time having regard to the nature and scope of the work to be done in completing the Services. Should there be any delays in the completion of the Services, our liability shall be limited to 0,7% of the Contract value per week, subject to a maximum of 10% of the Contract value. Such liquidated damages shall be your sole remedy for delay.