Common use of Delivery Delay Clause in Contracts

Delivery Delay. 1. The supplier shall compensate the Purchaser for damage caused by delays. 2. The amount of compensation shall be based on the extent of the delivery delay. For every week or part thereof, the compensation shall be 1% of the order value unless otherwise agreed. 3. The Purchaser reserves the right to prove the damage was greater. 4. Unconditional acceptance of delayed delivery or performance shall not constitute a waiver of our right to claim compensation due to delayed delivery or performance.

Appears in 8 contracts

Sources: General Terms and Conditions of Purchase, General Terms and Conditions of Purchase, General Terms and Conditions of Purchase