Liquidated Damage definition
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.