Delay LDs definition

Delay LDs has the meaning specified in Section 3.3.3.

Delay LDs means liquidated damages in respect of a failure by Us to perform an obligation by the date or time required by the Contract.

Delay LDs means liquidated damages payable by the Owner in accordance with clause 3.2;

Examples of Delay LDs in a sentence

• Delay LDs are Our sole liability to You in respect of all and any delay in performing Our obligations by the date or time required by the Contract.

• If the Supply is not complete by the Date for Supply, We must pay You Delay LDs at the rate of 0.1% of the Price per day (or such other amount as is specified in the Contract) for each day after the Date for Supply to and including the date on which the Supply is complete PROVIDED THAT Delay LDs shall not, in aggregate, exceed the amount equal to 5% of the Price.

• Delay LDs shall be offset against Capacity Charges as they come due.

• The Delay LDs are limited to an amount of 15% of the delayed PO’s value.

• If this Agreement is terminated pursuant to this Section 3.3.7, neither Party shall have any liability to the other Party whatsoever (including liability for previously accrued Delay LDs or Capacity Charges, but excluding liability in respect of Delay Book Out Charges and interest accrued on the DLD Escrow at the Default Rate).

More Definitions of Delay LDs

Delay LDs has the meaning set forth in Section 5.9.1. “Xxxxx XX Cap” has the meaning set forth in Section 12.3. “Disclosure Items” has the meaning set forth in Section 5.8.1. “Dispute Period” has the meaning set forth in Section 8.3.2.

Delay LDs shall have the meaning given to it in Section 7.6.1.

Delay LDs is defined in Clause 9.2.1.

Delay LDs shall have the meaning given to it in Clause 5.5.

Delay LDs is defined in Section 2.7(a).

Delay LDs has the meaning as set forth in Section 4(b). “Disclosing Party” has the meaning set forth in Section 9(a).

Delay LDs has the meaning as set forth in Section 4(b).