Penalties for delay Clause Samples

Penalties for delay. (a) If SELLER, for reasons other than force majeure specified under Article 8, fails to deliver/perform the Works, at the time specified in the Order, fails to perform its warranty obligations on the due date in accordance with Article 6, if the Works are rejected by ASELSAN as per Article 3 or the SELLER fails to fulfill its other obligations within the periods specified in the Order, unless a different rate/amount and/or procedure is specified in the Order, for each day of delay, the SELLER shall pay to ASELSAN a penalty for delay, beginning from the first day of delay of the relevant obligation, at a rate of three per thousand (% 0,3) of the price of the delayed Works, in accordance with the provisions of Article 4.(e). Penalties for delay does not correspond to any damage or loss incurred by ASELSAN, therefore ASELSAN reserves all other rights and remedies provided by law. (b) The payment of the penalties for delay specified hereabove shall not relieve the SELLER of its obligations to complete the delivery/performance of the delayed Works and to fulfill its other obligations under the Order. (c) Expiration of this Order for any reason, including termination, shall not relieve the SELLER of its obligation to pay to ASELSAN any penalties arising from this Order.

Penalties for delay. 1. In the event of a delay in the performance of work or in the submission of a Deliverable under the Contract for which the Contractor is responsible, a Penalty for Delivery Delay shall be imposed. 2. Such penalty shall amount to a per cent rate of 0.25% of the Contract Value, for every day of delay of delivery. 3. Any penalties imposed by the Contracting Authority in accordance with the above paragraphs shall be withheld from the next payment to the Contractor or, if such payment is insufficient, shall be paid by the Contractor. 4. In the event that the delivery periods set have been exceeded and the penalties for delay imposed in connection therewith have reached in total ten percent (10%) of the Contract Value, the Contracting Authority may declare the Contractor in default and terminate the Contract, the specific provisions of Annex I applying.

Penalties for delay. 1. In the event of a delay in the performance of work or in the submission of a deliverable under the Call-Off Arrangement for which the Contractor is responsible, a Penalty for Delivery Delay shall be imposed. 2. Such penalty shall amount to a per cent rate of 0.5% of the contract value of each Call-Off Arrangement, for every day of delay of delivery. 3. Any penalties imposed by the Contracting Authority in accordance with the above paragraphs shall be withheld from the next payment to the Contractor or, if such payment is insufficient, shall be paid by the Contractor. 4. In the event that the delivery periods set have been exceeded and the penalties for delay imposed in connection therewith have reached in total ten percent (10%) of the contract value of each Call-Off Arrangement, the Contracting Authority may declare the Contractor in default and terminate the Framework Agreement, the specific provisions of Annex I applying.

Penalties for delay. 9.1.1 If the Supplier fails to comply with the dates ordeadlines for the delivery of the Goods and/orperformanceofthe Servicesspecifiedin the Contract, exceptforreasons attributable to the Purchaser, the latteris entitled to apply andinvoicepenalties, withoutanypriorofficial notification, from the moment any date or deadline has been reached.

Penalties for delay. Beginning on January 1, 2023 and for the remainder of the Term, in the event Curia does not Deliver Product on or before the date set forth in the applicable Purchase Order, the penalties set forth in the table below shall apply to the Unit Price of the Product ("Delay Penalties"). For clarity, Delay Penalties shall apply only to small and/or medium scale Batches of Product for Most of World ("MOW Batches"). In addition, Delay Penalties shall in no event apply if a delivery delay is due to: (i) Indivior’s failure to provide Indivior Materials and other required documentation or information in accordance with this Agreement which is required for Curia to Process the Product on the scheduled Processing Date; (ii) the applicable Product fails to meet the target molecular weight as defined in the Specifications; (iii) there is a delay caused by third party testing of the applicable Product; or (iv) Indivior exercises its right to modify a Purchase Order in accordance with Section 4.4 above within four (4) months of the scheduled Processing Date of the applicable Batch of Product. *The Percentage of Price Deducted shall be applied to Column B of the table set forth in Exhibit B. By way of example, if a Batch of Product SKU# [***] is Delivered 30 days after the delivery date set forth in the applicable Purchase Order, the Unit Price paid by Indivior for each unit of Product in such Batch shall be reduced by [***]%; the Unit Price for each unit in such Batch would therefore be $[***] - ($[***] * [***]) = $[***].

Penalties for delay. Neither Customer nor HRS shall be subject to any delay penalty, contract fee adjustment, offset or liquidated damages as a result of any delay, except for the delay of payment(s) as set forth in Section 8, unless specifically set forth in the applicable Schedule.

Penalties for delay. In the case of delay in payment or transfer of the assets, the party at fault shall pay the other party an amount equal to 1 out of 500 of the contract amount per each day of delay.

Penalties for delay. 1. In the event of a delay in the performance of work or in the submission of a Deliverable under the Contract for which the Contractor is responsible, a Penalty for Delivery Delay shall be imposed. 2. Such penalty shall amount to a per cent rate of 0.05% of the Contract Value, for every day of delay of delivery. 3. Any penalties imposed by the Contracting Authority in accordance with the above paragraphs shall be withheld from the next payment to the Contractor or, if such payment is insufficient, shall be collected through forfeiture of an equivalent amount of the Performance Guarantee and/or Advance Payment Guarantee. 4. In the event that the delivery periods set have been exceeded and the penalties for delay imposed in connection therewith have reached in total five percent (5%) of the Contract Value, the Contracting Authority may declare the Contractor in default and terminate the Contract, the specific provisions of Annex I applying.

Penalties for delay. Beginning on January 1, 2024 and for the remainder of the Term, in the event Curia does not Deliver Product on or before the date set forth in the applicable Purchase Order, the penalties set forth in the table below shall apply to the Unit or Batch Price of the Product required documentation or information in accordance with this Agreement which is required for Curia to Process the Product on the scheduled Processing Date; (ii) the applicable Product fails to meet the target molecular weight as defined in the Specifications; (iii) there is a delay caused by third party testing of the applicable Product; or (iv) Indivior exercises its right to modify a Purchase Order in accordance with Section 4.3 above within four (4) months of the scheduled Processing Date of the applicable Batch of Product.