Liquidated Damages Payment definition

Liquidated Damages Payment has the meaning set forth in Section 7.02(b).
Liquidated Damages Payment means the amount of any liquidated damages payable to the Owner by the Builder pursuant to Article III of the Shipbuilding Contract.
Liquidated Damages Payment means an amount equal to 1.5 % of the aggregate Purchase Price for each Loan, payable by wire transfer of immediately available funds. Any such payment shall be made within five (5) Business Days after the election by the applicable party in accordance with Section 15.1 or 15.2, as applicable, in accordance with the instructions of such electing party. 16.

Examples of Liquidated Damages Payment in a sentence

  • Upon resumption of the Works, the Completion Date and the Liquidated Damages Payment Date will be adjusted to reflect the period of suspension.

  • NFL however, may at its sole discretion accept offers having deviation to NIT terms and conditions in respect of EMD, Security Deposit, PBG, Liquidated Damages, Payment Terms, Warranty/Guarantee etc.

  • Such notification shall contain such relevant information relating to the suspension as is available, including an estimate of the period of suspension and the effect on the Completion Date, the Liquidated Damages Payment Date and the Project.

  • Network Rail shall be entitled to a change to the Completion Date and the Liquidated Damages Payment Date to reflect an extension of time properly awarded under the Contracts in respect of a Force Majeure Event.

  • Network Rail shall be entitled to a change to the Construction Completion Date and the Liquidated Damages Payment Date to reflect an extension of time properly awarded under any contracts between the Customer and any contractor carrying out the Works in respect of a Force Majeure Event.


More Definitions of Liquidated Damages Payment

Liquidated Damages Payment has the meaning ascribed to it under the Schedule 6;
Liquidated Damages Payment has the meaning set forth in Section 10.2.
Liquidated Damages Payment means a payment in the amount of $5,000,000 (or, during any renewal term, the amount (if any) identified as the “Liquidated Damages Payment” set forth in the First Renewal Modification Term or the Second Renewal Modification Term, as applicable.)
Liquidated Damages Payment has the meaning given to such term in Section 2.3 hereof.
Liquidated Damages Payment. Section 7.2(a)(i)
Liquidated Damages Payment is defined in Section 5.4.1.1.
Liquidated Damages Payment means an amount equal to (a) [***] with respect to any material breach of the Payment Provider Obligations or Leisure Marketing Restrictions first occurring on or prior to the [***] anniversary of the Effective Date or (b) [***], with respect to any material breach of the Payment Provider Obligations or Leisure Marketing Restrictions first occurring after the [***] anniversary of the Effective Date and on or prior to the [***] anniversary of the Effective Date.