Common use of STIPULATED PENALTIES Clause in Contracts

STIPULATED PENALTIES. Unless the noncompliance is excused under Section XII (Force Majeure), Respondents are liable to EPA for the following stipulated penalties: for any failure: (i) to pay any amount due under Section XI; (ii) [to establish and maintain financial assurance in accordance with Section IX]; (iii) [to establish any escrow account required under ¶ 52]; (iv) to submit timely or adequate deliverables, including [list major deliverables and compliance milestones]: Period of Noncompliance Penalty Per Noncompliance Per Day 1st through 14th day $ 15th through 30th day $ 31st day and beyond $ for any failure to submit timely or adequate deliverables required by this Settlement other than those specified in ¶ 54.a: Period of Noncompliance Penalty Per Noncompliance Per Day 1st through 14th day $ 15th through 30th day $ 31st day and beyond $ Work Takeover Penalty. If EPA commences a Work Takeover under ¶ 25, Respondents are liable for a stipulated penalty in the amount of $________. This stipulated penalty is in addition to the remedy available to EPA under ¶ 35 (Access to Financial Assurance).

STIPULATED PENALTIES. Unless the noncompliance is excused under Section XII (Force Majeure), Respondents are Purchaser is liable to EPA the United States for the following stipulated penalties: for any failure: (i1) to pay any amount due under Section XIXI (Payment for Response Costs); (ii2) [include if Financial Assurance required: to establish and maintain financial assurance in accordance with Section IX]; (iii) [to establish any escrow account required under ¶ 52]; (iv3) to submit timely or adequate deliverablesdeliverables under this Settlement, including specifically [list major deliverables and deliverables]; (4) [add other compliance milestonesmilestones or obligations as necessary]: Period of Noncompliance Penalty Per Noncompliance Per Day 1st through 14th day $ 15th through 30th day $ 31st day and beyond $ for any failure to submit timely or adequate deliverables required by this Settlement other than those specified in ¶ 54.a66.a: Period of Noncompliance Penalty Per Noncompliance Per Day 1st through 14th day $ 15th through 30th day $ 31st day and beyond $ Work Takeover Penalty. If EPA commences a Work Takeover under ¶ 25Takeover, Respondents are Purchaser is liable for a stipulated penalty in the amount of $________. [Include if Financial Assurance required: This stipulated penalty is in addition to the remedy available to EPA under ¶ 35 47 (Access to Financial Assurance).]

STIPULATED PENALTIES. Unless the noncompliance is excused under Section XII XIII (Force Majeure), Respondents are liable to EPA for the following stipulated penalties: for any failure: (i1) to pay any amount due under Section XIXII; (ii2) [to establish and maintain financial assurance in accordance with Section IXX]; (iii3) [to establish any escrow account required under ¶ 5259]; (iv4) to submit timely or adequate deliverables, including specifically [list major deliverables and compliance milestones]: Period of Noncompliance Penalty Per Noncompliance Per Day 1st through 14th day $ 15th through 30th day $ 31st day and beyond $ for any failure to submit timely or adequate deliverables required by this Settlement other than those specified in ¶ 54.a61.a: Period of Noncompliance Penalty Per Noncompliance Per Day 1st through 14th day $ 15th through 30th day $ 31st day and beyond $ Work Takeover Penalty. If EPA commences a Work Takeover under ¶ 2531, Respondents are liable for a stipulated penalty in the amount of $________. [This stipulated penalty is in addition to the remedy available to EPA under ¶ 35 41 (Access to Financial Assurance).]