PENALTY FOR BREACH OF CONTRACT Clause Samples

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PENALTY FOR BREACH OF CONTRACT. On the breach of any term or condition of this contract by the contractor the said Nagar ▇▇▇▇▇/Nagar Palika/Nagar Panchayatshall be entitled to forfeit the Security deposit or the balance thereof that may at the time be remaining, and to realise and retain the same as damages and compensation for the said breach but without prejudice to the right of the Nagar ▇▇▇▇▇/Nagar Palika/Nagar Panchayat to recover further sums as damages from any sums due or which may become due to the contractor by Nagar ▇▇▇▇▇/Nagar Palika/Nagar Panchayat or otherwise howsoever. Sr. No Reference to item No. of S.O.R. (in any) Description of item Unit Quantity Rate in figure per unit (Rs.. .) Rate in words per unit(Rs….) Amount in (figure) Remark 1) The value of total tendered cost is for Rs. ……………………………….. and 2) The total value of all S.O.R. items (excluding non S.O.R. items) as per sanctioned estimate is Rs. ……………….. (in figure) (rupees in words) N.I.T. No :- …………………….. DATE ……………..
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PENALTY FOR BREACH OF CONTRACT. 6.1 Party B shall ensure the delivery of assets to Party A on time in accordance with the Agreement or each specific Purchase Order, depending on the case of delay in asset formation as committed in Article 5.2 or delay in each specific Purchase Order. In case Party B delays to deliver the assets on schedule (but not due to force majeure events and not due to Party A’s fault), Party B shall be subject to a penalty of [***] of the [***] for each day of delay, but the total delay shall not be more than [***] days. The total penalty value shall not exceed [***] of the [***]. 6.2 In case Party A delays in payment for Party B, Party A shall be subject to a penalty of [***] of the due value for payment of the Purchase Order for each day of late payment, the delay time shall not be more than [***] days. If Party A has not paid Party B for more than [***] days, Party B will have the right to recover the assets until Party B receives payment from Party A.
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PENALTY FOR BREACH OF CONTRACT. 4.1 If the measures taken by the INDEPENDENT WORKSHOP to restrict and safeguard the use of the data described in Article 2 are inadequate and the data is used for another purpose, the INDEPENDENT WORKSHOP shall be obligated to pay a penalty for breach of contract to the sum of EUR 20,000.00 for each infringement, and hereby agrees that several infringements shall not be treated as one continued infringement. 4.2 PORSCHE reserves the right to assert further claims.
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PENALTY FOR BREACH OF CONTRACT. On the breach of any term or condition of this contract by the contractor the said Nagar ▇▇▇▇▇/Nagar Palika/Nagar Panchayatshall be entitled to forfeit the Security deposit or the balance thereof that may at the time be remaining, and to realise and retain the same as damages and compensation for the said breach but without prejudice to the right of the Nagar ▇▇▇▇▇/Nagar Palika/Nagar Panchayat to recover further sums as damages from any sums due or which may become due to the contractor by Nagar ▇▇▇▇▇/Nagar Palika/Nagar Panchayat or otherwise howsoever.
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PENALTY FOR BREACH OF CONTRACT. In the event that the Lessee needs to terminate the lease agreement early, the Lessee will be responsible for rent through the expiration of the lease or until the property is leased to another tenant, whichever comes first.
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PENALTY FOR BREACH OF CONTRACT. 1. 甲方如違反本合約之各項約定時，除甲方為在職員工時應依公司相關規定論處外，無論甲方是否在職，如使乙方受有損害或遭第三方求償時，甲方並應承擔相關民、刑事責任（包括且不限律師費等）。 If Party A violates various provisions of this contract, except when Party A is an active employee, it shall be punished in accordance with the relevant regulations of the company. Regardless of whether Party A is employed or not, if Party B suffers damage or is subject to compensation from a third party, Party A shall bear the relevant civil and criminal liabilities (including but not limited to attorney fees, etc.). 2. 甲方若違反本合約第五條之規定時，應無條件給付或返還乙方於甲方受聘期間給予之特別獎金、紅利、無償配股、技術股，及乙方對甲方所投入之專業培訓成本，以及其他非經常性薪酬之特殊給予。若因違反該規定而發生損害賠償高於前述金額時，以實際損害為準。 If Party A violates the provisions of Article 5 of this contract, it shall unconditionally pay or return the special bonuses, bonuses, free allotments, technical shares given by Party B during the period of employment of Party A, as well as the professional training costs invested by Party B in Party A. , and other special grants of non- recurring remuneration. If the damages incurred due to violation of this provision are higher than the aforementioned amount, the actual damages shall prevail. 3. 本合約第三條、第四條、第五條、第八條第一、第二項之規定，不因甲乙雙方聘僱關係終止而消滅。 The provisions of Articles 3, 4, 5 and 1 and 2 of Article 8 of this contract shall not be extinguished upon the termination of the employment relationship between Party A and Party B. 九. 其他規定 IX. Other Regulations 1. 本合約書未規定事項, 依照乙方相關工作規則規定及遵循勞動基準法及相關勞動法令之規定。 Matters not specified in this contract shall be subject to Party B’s relevant work rules and the provisions of the Labor Standards Act and relevant labor laws. 2. 因本合約引起之爭訟，雙方同意以台灣新竹地方法院為第一審管轄法院。 Concerning the disputes the contract causes, both parties shall agree to resolve by the principle of honesty. If litigation is necessary, the both parties agree to the Hsinchu District Court as the first trial court of competent jurisdiction. 3. 本合約正本一式二份，甲乙雙方分別收執一份。
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PENALTY FOR BREACH OF CONTRACT. I. If Party A or any third party suffers damage or [failure to restore to the original state in accordance with the Contract] due to factors attributable to Party B, Party B shall be liable for indemnifying Party A or such third party against all damage loss (including but not limited to attorney fees or indemnification and compensation expenses for the third party). If Party A is claimed by any third party for damages, Party B shall assist in providing explanations and clarify the liability for compensation. II. During the contract period, if Party B is unable to perform the contract due natural disaster or any other force majeure, it shall not be liable for any damages to Party A or the user. Party B shall notify Party A as soon as possible upon the occurrence of the event of force majeure and take necessary measures to mitigate damage after discussion between both Parties.
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PENALTY FOR BREACH OF CONTRACT. 1. Licensee is obliged to indemnify Licenser for only actual damage, which Licenser incurs as a result of a violation of this Agreement by Licensee. Licensee is not obliged to reimburse Licenser for special, indirect, consequential or incidental damages – except violation according §11.4 and/or §3.1j of this agreement. In case §11.4 and/or §3.1j is violated, liquidated damages of the aggregated value of this agreement, as outlined in §7.5 are payable by licensee within one month after evidence of breach of this agreement. 2. If Licenser breaches the provisions of this Agreement, Licenser shall bear the corresponding obligations for such breach. 3. The Licensee is liable for breaches of contract caused by the actions of its employees, agents, subcontractors, vendors and/or suppliers.
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Related to PENALTY FOR BREACH OF CONTRACT

  • Liability for Breach of Contract 1. Party A and Party B shall strictly perform the terms stipulated in the agreement. If one party breaches the contract, the breaching party shall bear the liability for breach of contract according to the contract. 2. If the product is delivered by Party A to Party B and Party B fails to raise any objection to the product quality within the acceptance period, Party B shall not apply for return or replacement; If the product quality problems caused by Party B due to Party B's reasons or the intervention of a third party, which are not caused by the product itself, and caused by Party B's failure to raise any objection within the time limit since the date of acceptance, Party A can repair and rework the products, and Party B shall bear the rework service fee, material fee, processing fee, labor wages and other expenses incurred by Party A; 3. If the payment is not made in advance and then delivered, the ownership of the goods stipulated in this agreement still belongs to Party A before Party B pays off the payment, and Party A has the right to take back the goods at any time. Meanwhile, before this, Party B shall properly keep the goods and ensure that they are intact. If there is any damage, Party B shall compensate Party A according to the price of the goods agreed in the agreement. If the amount is not enough to make up for the losses, it shall also compensate Party A for all losses. 4. If Party B violates the agreement or refuses to perform the cooperation content during the cooperation period of this agreement, and refuses to perform or even withdraws from the cooperation after being urged by Party A, Party A has the right not to return the initial fee paid by Party B as a security deposit; At the same time, Party B shall cooperate with Party A to return all cooperation materials such as cooperation project materials and trademark product authorization documents, and compensate all economic losses suffered by Party A; 5. If Party B violates this agreement and causes losses to Party A, all expenses (including but not limited to attorney fees, legal fees, arbitration fees, announcement fees, preservation fees, guarantee fees, appraisal fees and auction evaluation fees) incurred by Party A for safeguarding its own legitimate rights and interests shall be borne by Party B; 6. If Party B cancels or changes the order without authorization, it shall pay 20% of the order price as liquidated damages and compensate Party A for all losses such as stocking, labor and profit.

  • Liabilities for Breach of Contract 11.1 The Parties agree and acknowledge that, if any Party (“Defaulting Party”) is materially in breach of any provision of this Agreement, or materially fails to perform or delays in performing any of its obligations hereunder, such breach, failure or delay shall constitute a default hereunder (the “Default”), and the non-defaulting Party shall be entitled to demand the Defaulting Party to rectify such Default or take remedial actions within a reasonable period of time. If the Defaulting Party fails to rectify such Default or take remedial actions within such reasonable period of time or ten (10) days from the receipt of the written notice from the non-defaulting Party requiring such rectification, the non-defaulting Party shall be entitled to make a decision at its sole discretion: 11.1.1 the WFOE shall be entitled to terminate this Agreement and claim from the Defaulting Party for damages if the Defaulting Party is any of the Existing Shareholders or the Company; 11.1.2 the non-defaulting Party shall be entitled to claim from the Defaulting Party for damages if the Defaulting party is the WFOE, provided that under no circumstances shall the Non-defaulting Party be entitled to terminate or rescind this Agreement unless otherwise provided by laws. 11.2 Notwithstanding anything to the contrary in this Agreement, this Article shall survive the termination of this Agreement.

  • Liability for Breach of Agreement During the term of this Agreement, any violation of any provisions herein by either party constitutes breach of contract and the breaching party shall compensate the non-breaching party for the loss incurred as a result of this breach.

  • Liability for Breach In addition to any liability you may have to Customer, you agree that you will also be legally responsible directly to Microsoft for any breach of these terms and conditions.

  • REMEDY FOR BREACH OF WARRANTY 3.1. Subject to the exclusions and limitations set out above, if the Product fails to comply with the Limited Warranty in clauses 1.2 or 1.3, BYD will repair or replace the non-conforming Product or parts thereof within the warranty term at no charge (or provide a partial refund) on the following conditions. 3.2. Whether to repair or replace the Product will be determined by BYD in its sole discretion. 3.3. The Product or any of its parts to be replaced will have the same performance and reliability as the original Product. If the Production of the relevant type of the Product or any of its parts has been discontinued, withdrawn from the market, or are otherwise unavailable, BYD may replace the Product or parts with a similar Product or part (which may include previously used parts that are equivalent to new in performance and reliability). 3.4. If BYD does not repair or replace the defective Product or parts, BYD will refund You an amount of money calculated as follows: a) If the Product fails to comply with the Limited Performance Warranty in clause 1.3, BYD may calculate the refund using one of the two refund formulas below: i) Refund = maximum claim amount* x (warranted Minimum Throughput Energy - output energy of the Product recorded in the control module of the Product)/ warranted Minimum Throughput Energy; or ii) Refund = maximum claim amount* x (warranted remaining Useable Energy - remaining Useable Energy)/ warranted Usable Energy; and b) If the Product cannot be operated, BYD will calculate the refund as follows: Refund = (maximum claim amount*/120) x (120 - number of months since Warranty Start Date). *The maximum claim amount is the market value of the Product (or an equivalent Product) determined by BYD if it were purchased new with no defects. 3.5. The remedies as set out above are the sole and exclusive obligations of BYD to You under this Limited Warranty, and BYD will have no other liability to You if the Product fails to comply with the Limited Warranty.