Common use of Penalty Clauses Clause in Contracts

Penalty Clauses. 4.1 XGT assumes no liability arising from penalty or liquidated damage clauses of any kind, written or implied, unless approved in writing by XGT's duly authorized representative.

Appears in 9 contracts

Sources: Equipment Purchase Agreement (xG TECHNOLOGY, INC.), Purchase Agreement (xG TECHNOLOGY, INC.), Equipment Purchase Agreement (xG TECHNOLOGY, INC.)