Common use of Damages for delay by the Authority Clause in Contracts

Damages for delay by the Authority. In the event that (i) the Authority does not procure fulfilment of any or all of the Conditions Precedent set forth in Clause 4.1.2 within the period specified in respect thereof, and (ii) the delay has not occurred as a result of breach of this Agreement by the Concessionaire or due to Force Majeure, the Authority shall pay to the Concessionaire Damages in an amount calculated at the rate of 0.1% (zero point one per cent) of the Performance Security for each day‟s delay until the fulfilment of such Conditions Precedent, subject to a maximum of 20% (twenty percent) of the Performance Security.

Appears in 20 contracts

Samples: Substitution Agreement, Concession Agreement, Concession Agreement

AutoNDA by SimpleDocs

Damages for delay by the Authority. In the event that (i) the Authority does not procure fulfilment of any or all of the Conditions Precedent set forth in Clause 4.1.2 within the period specified in respect thereof, and (ii) the delay has not occurred as a result of breach of this Agreement by the Concessionaire or due to Force Majeure, the Authority shall pay to the Concessionaire Damages in an amount calculated at the rate of 0.1% (zero point one per cent) of the Performance Security for each day‟s day’s delay until the fulfilment of such Conditions Precedent, subject to a maximum of 20% (twenty percent) of the Performance Security.

Appears in 18 contracts

Samples: Concession Agreement, Model Concession Agreement, Draft Concession Agreement

Damages for delay by the Authority. In the event that (i) the Authority does not procure fulfilment of any or all of the Conditions Precedent set forth in Clause 4.1.2 within the period specified in respect thereof, and (ii) the delay has not occurred as a result of breach of this Agreement by the Concessionaire or due to Force Majeure, the Authority shall pay to the Concessionaire Damages in an amount calculated at the rate of 0.1% (zero point one per cent) of the Performance Security for each day‟s day's delay until the fulfilment of such Conditions Precedent, subject to a maximum of 20% (twenty percent) of the Performance Security.

Appears in 16 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

Damages for delay by the Authority. In the event that that: (i) the Authority does not procure fulfilment of any or all waiver of the Conditions Condition Precedent set forth in Clause 4.1.2 within the period specified in respect thereof, ; and (ii) the delay has not occurred as a result of breach of this Agreement by the Concessionaire or due to Force MajeureMajeure Event, the Authority shall pay Damages to the Concessionaire Damages in of an amount calculated at the rate of [0.1% (zero point one per cent) )] of the Performance Security for each day‟s day’s delay until the fulfilment of such Conditions Precedent, subject to a maximum of 20% (twenty percent) of amount equal to the Performance Bid Security.

Appears in 7 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

Damages for delay by the Authority. In the event that (i) the Authority does not procure fulfilment of any or all of the Conditions Precedent set forth in Clause 4.1.2 within 180 days of the period specified in respect thereofdate of this Agreement, and and, (ii) the delay has not occurred as a result of breach of this Agreement by the Concessionaire or due to Force Majeure, the Authority shall pay to the Concessionaire Damages in an amount calculated at the rate of [0.1% (zero point one per cent) )] of the Performance Security for each day‟s day’s delay until the fulfilment of such Conditions Precedent, subject provided however that the damages shall be limited to a maximum of amount equivalent to 20% (twenty percent) of the Performance Security.

Appears in 5 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

Damages for delay by the Authority. In the event that that: (i) the Authority does not procure fulfilment of any or all waiver of the Conditions Condition Precedent set forth in Clause Article 4.1.2 within the period specified in respect thereof, ; and (ii) the delay has not occurred as a result of breach of this Agreement by the Concessionaire or due to Force MajeureMajeure Event, the Authority shall pay Damages to the Concessionaire Damages in of an amount calculated at the rate of 0.1% (zero point one per cent) of the Performance Security for each day‟s day’s delay until the fulfilment of such Conditions Precedent, subject to a maximum of 20% (twenty percent) of amount equal to the Performance Bid Security.

Appears in 5 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

Damages for delay by the Authority. In the event that (i) the Authority does not procure fulfilment of any or all of the Conditions Precedent set forth in Clause 4.1.2 within the period specified in respect thereof, and (ii) the delay has not occurred as a result of breach of this Agreement Contract by the Concessionaire Contractor or due to Force Majeure, the Authority shall pay to the Concessionaire Contractor Damages in an amount calculated at the rate of 0.1% (zero point one per cent) of the Performance Security for each day‟s day’s delay until the fulfilment of such Conditions Precedent, subject to a maximum of 2010% (twenty percentten per cent) of the Performance Security.

Appears in 4 contracts

Samples: Construction and Maintenance Contract, Construction and Maintenance Contract, Construction and Maintenance Contract

Damages for delay by the Authority. In the event that (i) the Authority does not procure fulfilment or waiver of any or all of the Conditions Precedent set forth in Clause 4.1.2 within the period specified in respect thereof, and (ii) the delay has not occurred as a result of breach of this Agreement by the Concessionaire or due to Force Majeure, the Authority shall pay to the Concessionaire Damages in an amount calculated at the rate of 0.10.2% (zero point one two per cent) of the Performance Security for each day‟s day’s delay until the fulfilment of such Conditions Precedent, subject to a maximum of 20% (twenty percent) of amount equal to the Performance Bid Security.

Appears in 4 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

Damages for delay by the Authority. In the event that (i) the Authority does not procure fulfilment or waiver of any or all of the Conditions Precedent set forth in Clause 4.1.2 within the period specified in respect thereof, and (ii) the delay has not occurred as a result of breach of this Agreement by the Concessionaire or due to Force Majeure, the Authority shall pay to the Concessionaire Damages in an amount calculated at the rate of 0.1% (zero point one per cent) of the Performance Security for each day‟s day’s delay until the fulfilment of such Conditions Precedent, subject to a maximum of 20% (twenty percent) of amount equal to the Performance Bid Security.

Appears in 4 contracts

Samples: Concession Agreement, Draft Concession Agreement, Concession Agreement

Damages for delay by the Authority. In the event that (i) the Authority does not procure fulfilment of any or all waiver of the Conditions Condition Precedent set forth in Clause 4.1.2 within the period specified in respect thereof, and (ii) the delay has not occurred as a result of breach of this Agreement by the Concessionaire Operator or due to Force Majeure, the Authority shall pay to the Concessionaire Operator Damages in an amount calculated at the rate of [0.1% (zero point one per cent) )] of the Performance Security for each day‟s day’s delay until the fulfilment of such Conditions Precedent, subject to a maximum of [20% (twenty percent) per cent)] of the Performance Security.

Appears in 3 contracts

Samples: Operation and Maintenance Agreement, Operation and Maintenance Agreement, Operation and Maintenance Agreement

Damages for delay by the Authority. In the event that (i) the Authority does not procure fulfilment or waiver of any or all of the Conditions Precedent set forth in Clause 4.1.2 within the period specified in respect thereof, and (ii) the delay has not occurred as a result of breach of this Agreement by the Concessionaire or due to Force Majeure, the Authority shall pay to the Concessionaire Damages in an amount calculated at the rate of 0.10.2% (zero point one per centtwo percent) of the Performance Security for each day‟s delay until the fulfilment of such Conditions Precedent, subject to a maximum of 20% (twenty percent) of amount equal to the Performance Bid Security.

Appears in 3 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

Damages for delay by the Authority. In the event that (i) the Authority does not procure fulfilment of any or all of the Conditions Precedent set forth in Clause 4.1.2 within the period specified in respect thereof, and (ii) the delay has not occurred as a result of breach of this Agreement by the Concessionaire or due to Force Majeure, the Authority shall pay to the Concessionaire Damages in an amount calculated at the rate of 0.1% (zero point one per cent) of the Performance Security for each day‟s day’s delay until the fulfilment of such Conditions Precedent, subject to a maximum of 20100% (twenty hundred percent) of the Performance Security.

Appears in 3 contracts

Samples: Model Concession Agreement, Model Concession Agreement, Model Concession Agreement

Damages for delay by the Authority. In the event that (i) the Authority does not procure fulfilment of any or all of the Conditions Precedent set forth in Clause 4.1.2 within the period specified in respect thereof, and (ii) the delay has not occurred as a result of breach of this Agreement by the Concessionaire or due to Force Majeure, the Authority shall pay to the Concessionaire Damages in an amount calculated at the rate of 0.1% (zero point one per cent) of the Performance Security for each day‟s day’s delay until the fulfilment of such Conditions Precedent, subject to a maximum of 20% (twenty percentper cent) of the Performance Security.

Appears in 3 contracts

Samples: Stamp Paper, Transmission Agreement, www.fdcm.nic.in

Damages for delay by the Authority. In the event that (i) the Authority does not procure fulfilment or waiver of any or all of the Conditions Precedent set forth in Clause Article 4.1.2 within the period specified in that respect thereof, and (iii) the delay has not occurred as a result of breach of this Agreement by the Concessionaire Service Provider or due to Force Majeure, the Authority shall pay to the Concessionaire Service Provider, Damages in an amount calculated at the rate of 0.10.05% (zero point one per centzero five percent) of the Performance Security for each day‟s day’s delay until the fulfilment of such Conditions Precedent, subject to a maximum of 205% (twenty five percent) of the Performance Security.

Appears in 2 contracts

Samples: Service Agreement, Service Agreement

Damages for delay by the Authority. In the event that (i) the Authority does not procure fulfilment fulfillment or waiver of any or all of the ofthe Conditions Precedent set forth in Clause 4.1.2 within the period specified in respect thereof, and (ii) the delay has not occurred as a result of breach of this Agreement by the Concessionaire or due to Force Majeure, the Authority shall pay to the Concessionaire Damages in an amount calculated at the rate of 0.1% (zero point one per cent) of the Performance Security for each day‟s day’s delay until the fulfilment fulfillment of such Conditions Precedent, subject to a maximum of 2010% (twenty ten percent) of the Performance Security.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

Damages for delay by the Authority. In the die event that (i) the Authority does not procure fulfilment of any or all of the Conditions Precedent set forth in Clause 4.1.2 within the period specified in respect thereof, and (ii) the delay has not occurred as a result of breach of this Agreement by the Concessionaire or due to Force Majeure, the Authority shall pay to the Concessionaire Damages in an amount calculated at the rate of 0.10.1 % (zero point one per cent) of the Performance Security for each day‟s day' s delay until the fulfilment of such Conditions Precedent, subject to a maximum of 2020 % (twenty percentper cent) of the Performance Security.

Appears in 1 contract

Samples: Concession Agreement

Damages for delay by the Authority. In the event that (i) the Authority does not procure fulfilment of any or all of the Conditions Precedent set forth in Clause 4.1.2 within the period specified in respect thereof, and (ii) the delay has not occurred as a result of breach of this Agreement by the Concessionaire or due to Force Majeure, the Authority shall pay to the Concessionaire Damages in an amount calculated at the rate of 0.1% (zero point one per cent) of the Performance Security for each day‟s delay until the fulfilment of such Conditions Precedent, subject to a maximum of 20% (twenty percent) of the Performance Security.as specified under clause

Appears in 1 contract

Samples: Concession Agreement

AutoNDA by SimpleDocs

Damages for delay by the Authority. In the event that (i) the Authority does not procure fulfilment of any fulfillment or all waiver of the Conditions Condition Precedent set forth in Clause 4.1.2 within the period specified in respect thereof, and (ii) the delay has not occurred as a result of breach of this Agreement by the Concessionaire Operator or due to Force Majeure, the Authority shall pay to the Concessionaire Operator Damages in an amount calculated at the rate of 0.1% (zero point one per cent) of the Performance Security for each day‟s day’s delay until the fulfilment fulfillment of such Conditions Precedent, subject to a maximum of 20% (twenty percentper cent) of the Performance Security.

Appears in 1 contract

Samples: Chapter Iv

Damages for delay by the Authority. In the event that (i) the Authority does not procure fulfilment fulfillment of any or all of the Conditions Precedent set forth in Clause 4.1.2 within the period specified in respect thereof, and (ii) the delay has not occurred as a result of breach of this Agreement by the Concessionaire or due to Force Majeure, the Authority shall pay to the Concessionaire Concessionaire, Damages in an amount calculated at the rate of 0.1% (zero point one per cent) of the Performance Security for each day‟s day’s delay until the fulfilment fulfillment of such Conditions Precedent, subject to a maximum of 20% (twenty percent) of the Performance Security.

Appears in 1 contract

Samples: Draft Concession Agreement

Damages for delay by the Authority. In the event that (i) the Authority does not procure fulfilment or waver of any or all of the Conditions Precedent set forth in Clause 4.1.2 within the period specified in respect thereof, and (ii) the delay has not occurred as a result of breach of this Agreement Contract by the Concessionaire Contractor or due to Force Majeure, the Authority shall pay to the Concessionaire Contractor Damages in an amount calculated at the rate of 0.1of0.1% (zero point one per cent) of the Performance Security for each day‟s day’s delay until the fulfilment of such Conditions Precedent, subject to a maximum of 2010% (twenty percentten per cent) of the Performance Security.

Appears in 1 contract

Samples: Construction and Maintenance Contract

Damages for delay by the Authority. In the event that (i) the Authority does not procure fulfilment of any or all of the Conditions Precedent set forth in Clause 4.1.2 within 180 days of the period specified in respect thereofdate of this Agreement, and (ii) the delay has not occurred as a result of breach of this Agreement by the Concessionaire or due to Force Majeure, the Authority shall pay to the Concessionaire Damages in an amount calculated at the rate of [0.1% (zero point one per cent) )] of the Performance Security for each day‟s day’s delay until the fulfilment of such Conditions Precedent, subject provided however that the damages shall be limited to a maximum of amount equivalent to 20% (twenty percent) of the Performance Security.

Appears in 1 contract

Samples: Concession Agreement

Damages for delay by the Authority. In the event that (i) the Authority does not procure fulfilment of any or all of the Conditions Precedent set forth in Clause 4.1.2 within the period specified in respect thereof, and (ii) the delay has not occurred as a result of breach of this Agreement by the Concessionaire or due to Force Majeure, the Authority shall pay to the Concessionaire Damages in an amount calculated at the rate of 0.1% (zero point one per cent) of the Performance Security as specified under clause 9.1 for each day‟s delay until the fulfilment of such Conditions Precedent, subject to a maximum of 20% (twenty percent) of the Performance SecuritySecurity as specified under clause 9.1.

Appears in 1 contract

Samples: Concession Agreement

Damages for delay by the Authority. In the event that (i) the Authority does not procure fulfilment fulfillment or waiver of any or all of the Conditions Precedent set forth in Clause 4.1.2 within the period specified in respect thereofthereof (including any extension of time granted), and (ii) the delay has not occurred as a result of breach of this Agreement by the Concessionaire Mine Operator or due to Force Majeure, the Authority shall pay to the Concessionaire Mine Operator, Damages in an amount calculated at the rate of 0.1% (zero point one per cent) of the Performance Security for each day‟s day's delay until the fulfilment fulfillment of such Conditions Precedent, subject to a maximum of 20% (twenty percentper cent) of the Performance Security.

Appears in 1 contract

Samples: coal.nic.in

Damages for delay by the Authority. In the event that (i) the Authority does not procure fulfilment of any or all of the Conditions Precedent set forth in Clause 4.1.2 within the period specified in respect thereof, and (ii) the delay has not occurred as a result of breach of this Agreement by the Concessionaire or due to Force Majeure, the Authority shall pay to the Concessionaire Damages in an amount calculated at the rate of 0.10.1 % (zero point one per cent) of the Performance Security for each day‟s day's delay until the fulfilment of such Conditions Precedent, subject to a maximum of 20% (twenty percentper cent) of the Performance Security.

Appears in 1 contract

Samples: Concession Agreement

Damages for delay by the Authority. In the event that (i) the Authority does not procure fulfilment fulfillment or waiver of any or all of the Conditions Precedent set forth in Clause 4.1.2 within the period specified in respect thereofthereof (including any extension of time granted), and (ii) the delay has not occurred as a result of breach of this Agreement by the Concessionaire Mine Operator or due to Force Majeure, the Authority shall pay to the Concessionaire Mine Operator, Damages in an amount calculated at the rate of 0.1% (zero point one per cent) of the Performance Security for each day‟s day's delay until the fulfilment fulfillment of such Conditions Precedent, subject to a maximum of 20% (twenty percentper cent) of the Performance Security.

Appears in 1 contract

Samples: Model Contract Agreement

Damages for delay by the Authority. In the event that (i) the Authority does not procure fulfilment of any or all of the Conditions Precedent set forth in Clause 4.1.2 within the period specified in respect thereof, and (ii) the delay has not occurred as a result of breach of this Agreement by the Concessionaire or due to Force Majeure, the Authority shall pay to the Concessionaire Damages in an amount calculated at the rate of 0.10.2% (zero point one two per cent) of the Performance Security for each day‟s day’s delay until the fulfilment of such Conditions Precedent, subject to a maximum of 20% (twenty percent) of the Performance Security.

Appears in 1 contract

Samples: Concession Agreement

Damages for delay by the Authority. In the event that (i) the Authority does not procure fulfilment of any or all waiver of the Conditions Condition Precedent set forth in Clause 4.1.2 within the period specified in respect thereof, and (ii) the delay has not occurred as a result of breach of this Agreement by the Concessionaire Operator or due to Force Majeure, the Authority shall pay to the Concessionaire Operator Damages in an amount calculated at the rate of 0.1% (zero point one per cent) of the Performance Security for each day‟s day’s delay until the fulfilment of such Conditions Precedent, subject to a maximum of 20% (twenty percentper cent) of the Performance Security.

Appears in 1 contract

Samples: Operation and Maintenance Agreement

Damages for delay by the Authority. In the event that (i) the Authority does not procure fulfilment of any or all of the Conditions Precedent set forth in Clause 4.1.2 4.1.1 within the period specified in respect thereof, and (ii) the delay has not occurred as a result of breach of this Agreement by the Concessionaire or due to Force Majeure, the Authority shall pay to the Concessionaire Damages in an amount calculated at the rate of 0.1% (zero point one per cent) of the Performance Security for each day‟s day’s delay until the fulfilment of such Conditions Precedent, subject to a maximum of 2010% (twenty percentten per cent) of the Performance Security.

Appears in 1 contract

Samples: Concession Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.