Liquidated Damage definition

Liquidated Damage means any loss/losses caused or sustained by VMC, Authority due to nonperformance of any act as per the Scope of Work of this RFP or performance or carrying out of any act expressly or impliedly prohibited by the VMC, Authority as per the terms and conditions of Concession Agreement
Liquidated Damage means any loss/losses caused or sustained by MCGM/Authority due to non performance of any act as per the Scope of Work of this RFP or performance or carrying out of any act expressly or impliedly prohibited by the MCGM/Authority as per the terms and conditions of this RFP or otherwise in good faith by the Concessionaire. Such losses shall be recoverable from the Concessionaire to the extent of the default of the Concessionaire.
Liquidated Damage has the meaning assigned to it in the Registration Rights Agreement.

Examples of Liquidated Damage in a sentence

  • Demonstrate the findings on which the Liquidated Damage is based are either invalid or do not warrant the action(s).

  • DAMAGES &/OR PRODUCT REJECTION, GENERALLY: Delivered salt that does not meet the required specifications, shall be subject to Liquidated Damage and or price adjustment.

  • It is hereby understood and agreed that neither the total cumulative Liquidate Damages amount nor any portion of the Liquidated Damage amount are penalties.

  • It is hereby understood and agreed that neither the total cumulative Liquidated Damages amount nor any portion of the Liquidated Damage amount are penalties.

  • The parties acknowledge and agree that damages which will result to Lender for Company’s failure to timely file or have declared effective the Registration Statement shall be extremely difficult or impossible to establish or prove, and agree that the payment of Liquidated Damage Penalty is a reasonable estimate of potential damages and shall constitute liquidated damages for any breach of this paragraph.

  • Per 42 CFR §438.704(c), if BMS imposes Liquidated Damages on the MCO for charging premiums or charges in excess of the amounts permitted under the Contract, BMS will deduct the amount of the overcharge from the Liquidated Damage and return it to the affected enrollee.

  • Each Liquidated Damage is considered separately and applied independently.

  • Buyer shall prepare and submit an invoice to Seller for any Liquidated Damage amounts due and payable to Buyer from Seller providing sufficient detail to show the amounts due pursuant to Section 3.3.

  • Demonstrate the findings on which the Liquidated Damage and/or sanction are based are either invalid or do not warrant the action(s).

  • The Hours of Work clause shall not be utilized by the Contractor for the purpose of extending the work day beyond day time hours at the cost of the Lane rental Fee (Liquidated Damage) as defined herein.


More Definitions of Liquidated Damage

Liquidated Damage means any loss/losses caused or sustained by MCG/Authority due to non performance of any act as per the Scope of Work of this RFP or performance or carrying out of any act expressly or impliedly prohibited by the MCG/Authority as per the terms and conditions of this RFP or otherwise in good faith by the
Liquidated Damage means the liquidated damage that the Customer will be liable to RCT for the Customer’s early termination of this Contract, and the amount will be the sum of all the Rental Payments that RCT would be entitled to for the remainder of the Hire Period. PPSA means the Personal Properties Securities Act 2009 (Cth); Prescribed Rate means 20% per annum, calculated on a daily basis.
Liquidated Damage shall have the meaning set forth in Section 2(c) hereof.
Liquidated Damage means any loss/losses caused or sustained by any Party, due to non- performance of any of its obligations by the other Parties or performance or carrying out of any act expressly or impliedly prohibited by the Authority as per the terms and conditions of the Agreement;
Liquidated Damage means any loss/losses caused or sustained by SWMTSC/MUNICIPAL AUTHORITY, Authority or GoN due to non performance of any act as per the Scope of Work of this RFP or performance or carrying out of any act expressly or impliedly prohibited by the SWMTSC/MUNICIPAL AUTHORITY, Authority or GoN as per the terms and conditions of this RFP or otherwise in good faith by the Concessionaire. Such losses shall be recoverable from the Concessionaire to the extent of the default of the Concessionaire.
Liquidated Damage means any loss/losses caused or sustained by MCGM/Authority due to non-performance of any act as per the Scope of Work of this RFP or performance or carrying out of any act expressly or impliedly prohibited by the MCGM/Authority as per the terms and conditions of this RFP or otherwise in good faith by the Contractor. Such losses shall be recoverable from the Contractor to the extent of the default of the Contractor.

Related to Liquidated Damage

  • Liquidated Damages shall have the meaning set forth in Section 2(c).

  • Delay Liquidated Damages has the meaning set forth in Section 13.1.

  • Liquidated Damages Amount has the meaning set forth in Section 2(e) hereof.

  • SPECIAL LIQUIDATED DAMAGES means the amount payable by the Transport Supplier in case of default arising out of Non-availability of vehicle(s)/crew when the Company's operations are normal and also Non-availability of services due to unauthorized / lightening strike by Transport Supplier or his/her crew for any reason whatsoever. The period of non-availability of services will be treated as shutdown and shall attract Special Liquidated damage at the rate of twice the pro- rata fixed charge per day. Special L.D. shall be levied irrespective of whether such default resulted in a shutdown for the whole day or part thereof.

  • Performance Liquidated Damages means any liquidated damages resulting from the Project’s performance which are required to be paid by the EPC Contractor or any other Material Project Party for or on account of any diminution to the performance of the Project.