Delayed Fulfillment Sample Clauses

Delayed Fulfillment. In case the Seller decides not to act according with provisions 6.4.of this Part of the agreement, thus giving the right of choice (to take actions in accordance with either section 6.4. or 6.5.) it may take actions in accordance with the provisions of this section. Failure to invest in full or in part gives the right to the Seller to claim penalties to the amount of 10% (ten percent) of the amount that the Buyer has failed to invest in time on account of delayed fulfillment of obligations. Payment of penalties shall not release the Buyer from its obligation to complete the investment.
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Delayed Fulfillment. Should the Buyer be in delay with employment obligations and in this regard be allowed to execute an Annex to this Agreement, the Seller shall claim the fulfillment of obligation(s) and the Agreement Penalty payable by the Buyer. The Buyer is obliged for any delay of employment obligation according to the Employment Plan to pay the Seller the Agreement Penalty in the amount calculated by the following formula: Number of employees x (multiplied) by a number of months x (multiply) the average paid monthly gross salary of the employees in the Federation BiH according to the last published data. *Number of employees: Number of employees for whom the employment obligation was not fulfilled according to the Employment Plan. *Number of months: The total number of months as from the first next day when the Employment Plan was supposed to be fulfilled for a specified period until the day determined by the Annex to the Agreement executed for fulfillment of this obligation. The Seller may recuperate the Agreement Penalty set out pursuant to these provisions from the Guarantee for performance of buyer’s obligations. Payment of penalties shall not relieve the Buyer from its obligation to perform employment obligations.
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Delayed Fulfillment. In case the Buyer has failed to fulfill its investment obligation-investments with a delay, and referring to this is allowed to close the Attachment to the Agreement, the Seller will request the fulfillment of liabilities and the Agreement penalty. The Agreement penalty is determined from 10% (ten percents) of the amount the Buyer failed to invest - invest timely. The Agreement penalty determined by these regulations, the Buyer may charge from the Guarantee of the Seller’s obligations Payment of the Agreement penalties shall not release the Buyer from its obligation to make investments-to invest.
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Delayed Fulfillment. Should the Buyer be in delay with fulfillment of any of its investment obligations, and should it in this regard it be allowed to execute an annex to the present Agreement, the Seller shall request fulfillment of such obligation(s) and payment of an Agreement Penalty by the Buyer. The Agreement Penalty is agreed to amount 10% (in words: ten percent) of the investment that Buyer failed to make in due time. The Seller may recuperate the Agreement Penalty set forth under these provisions the from the Guarantee for performance of buyer’s obligations. Payment of the Agreement Penalties shall not relieve the Buyer from its obligation to make investments.
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Delayed Fulfillment. In case the Buyer has fulfilled the investment obligation but with delay, the Seller has the right, in accordance with the provisions of this Section, to claim penalties to the amount of 10% (ten percent) of the amount that the Buyer has failed to invest in a timely fashion. Failure to invest in full or in part gives the right to the Seller to claim penalties to the amount of 10% (ten percent) of the amount that the Buyer has failed to invest in time on account of delayed fulfillment of obligations. Payment of penalties shall not release the Buyer from its obligation to complete the investment in full.
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Delayed Fulfillment. In case the Seller fulfilled investments commitments, but in delay, according to provisions of this Item, thus giving the right to the Seller to claim penalties to the amount of 10% (ten percent) of the amount that the Buyer has failed to invest in time on account of delayed fulfillment of obligations. Payment of penalties shall not release the Buyer from its obligation to complete the investment.
Sample 1
Delayed Fulfillment. In the event that the Buyer decides not to act in accordance with the provisions under Section 6.4 herein, by which the right of choice is provided (i.e. to act in accordance with either Section 6.4 or Section 6.5), the Buyer has the right and the obligation to act in accordance with the provisions of this Section. Failure to invest, in full or in part, shall entitle the Seller to claim penalties, on account of delayed fulfillment of obligations, in the amount of 10% (ten percent) of the amount that the Buyer has failed to invest in a timely manner. Payment of penalties shall not release the Buyer from the obligation thereof to complete the investment.
Sample 1
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Related to Delayed Fulfillment

  • Ancillary Documents (a) Project Co shall not:

  • PURCHASER’S OBLIGATIONS Conditions to Purchaser’s Obligations

  • Ancillary Agreements This Agreement is not intended to address, and should not be interpreted to address, the matters specifically and expressly covered by the Ancillary Agreements.

  • Fulfillment of Obligations Any obligation of any party to any other party under this Agreement, which obligation is performed, satisfied or fulfilled by an Affiliate of such party, shall be deemed to have been performed, satisfied or fulfilled by such party.

  • LIABILITY FOR FAILURE TO COMPLETE TRANSACTIONS If We do not properly complete a transaction to or from Your Account according to this Agreement, We will be liable for Your losses or damages. However, We will not be liable if: (a) Your Account does not contain enough available funds to make the transaction through no fault of Ours; (b) the ATM where You are making the transfer does not have enough cash; (c) the terminal was not working properly and You knew about the breakdown when You started the transaction; (d) circumstances beyond Our control prevent the transaction despite reasonable precautions that We have taken; (e) Your Card is retrieved or retained by an ATM;

  • Related Documents The words “Related Documents” mean all promissory notes, credit agreements, loan agreements, environmental agreements, guaranties, security agreements, mortgages, deeds of trust, security deeds, collateral mortgages, and all other instruments, agreements and documents, whether now or hereafter existing, executed in connection with the Loan.

  • Transfer Documents In furtherance of the contribution, assignment, transfer, conveyance and delivery of the Assets and the assumption of the Liabilities in accordance with Section 2.1(a), (i) each Party shall execute and deliver, and shall cause the applicable members of its Group to execute and deliver, to the other Party, such bills of sale, quitclaim deeds, stock powers, certificates of title, assignments of contracts and other instruments of transfer, conveyance and assignment as and to the extent necessary to evidence the transfer, conveyance and assignment of all of such Party’s and the applicable members of its Group’s right, title and interest in and to such Assets to the other Party and the applicable members of its Group in accordance with Section 2.1(a), and (ii) each Party shall execute and deliver, and shall cause the applicable members of its Group to execute and deliver, to the other Party, such assumptions of contracts and other instruments of assumption as and to the extent necessary to evidence the valid and effective assumption of the Liabilities by such Party and the applicable members of its Group in accordance with Section 2.1(a). All of the foregoing documents contemplated by this Section 2.1(b) shall be referred to collectively herein as the “Transfer Documents.”

  • Conditions to Seller’s Obligations The obligations of Seller to consummate the transactions contemplated by this Agreement are subject to the satisfaction of the following conditions on or before the Closing Date:

  • Buyer’s Obligations At Closing, Buyer shall deliver or cause to be delivered to Seller the following:

  • Penalty for Violation The Contractor and any Subcontractor will pay to the State a penalty of sixty dollars ($60) for each worker employed for each calendar day, or portion thereof, that the worker is paid less than the wage rates stipulated in the Prevailing Wage Schedule.

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