PENALTY FOR DELAY IN DELIVERY Sample Clauses

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PENALTY FOR DELAY IN DELIVERY a) Prompt delivery of the consignment is of prime importance. The stipulated transit time (excluding both , the day of Loading/Release at source and reaching at destination) for transportation of consignments shall be as under:- SL. Loading Type / Vehicle Permissible stipulated transit time
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PENALTY FOR DELAY IN DELIVERY. G-25.1 If consignments are not delivered within the normal transit schedule [transit time reckoning the permissible per day running Kms plus 2 (two) days grace period], a penalty @ 2/7% of the gross freight charges per day subject to a minimum of 2% & maximum of 30% of gross freight shall be levied. Where under loads are booked as full load, a higher penalty @ 1/2% per day of the gross freight will be imposed restricted to a minimum of 2% of gross freight and a maximum of 40% of gross freight. Note:- Gross freight is the sum of Basic freight, diesel escalation/de-escalation and ODC charges. If due date of delivery falls on Sunday or holiday, the consignment shall be delivered on next working day & no penalty shall be levied to the extent of Sunday/ holiday. If the penalty works out to be less than Rs 10/- the same shall not be charged.
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PENALTY FOR DELAY IN DELIVERY. 47.1) If consignments are not delivered within the transit schedule [transit time reckoning the permissible speed plus 2 (two) days grace period excluding the day of loading & unloading], a penalty @ 2/7% of the basic freight charges per day delay subject to a maximum of 30% of gross freight shall be levied. 47.2) For determining the number of days for transit time, for the left over distance, which is below the distance fixed per day, one additional day, will be computed. 47.3) Additional grace period for the purpose of penalty computation, as given hereunder shall be allowed on documentary substantiation in following cases. i. At each railway crossing (For o/h height barrier removal or/and power shutdown only) 4 working days ii. From / to hill regions/N.E.Regions 5 days iii. Self and Delivery Against Consignee Copy 7 days 47.4) Condonation of delays/transshipment etc. and waiver of penalties thereto shall be at the discretion of BHEL based on the representation received from the transporter on case-to-case basis. For typical designs requiring slow movement in the interest of safety of the consignment, CDX, BHEL Hardwar shall decide additional transit time in consultation with the concerned departments of BHEL.
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PENALTY FOR DELAY IN DELIVERY. ‌ If the date of Handover agreed is exceeded, the PPP company shall incur a penalty. The penalty shall be 0.25 per thousand of the Construction Sum per Calendar Day until Handover has actually taken place. The penalty shall be set off against the Construction Payment.
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Related to PENALTY FOR DELAY IN DELIVERY

  • Delay in Delivery The Seller must deliver the Products to the Company within the schedules as prescribed in the Order or as agreed in the Contract. If the Products are not delivered on the due date then, without prejudice to any other rights which it may have under the Terms and Conditions, the Company reserves the right to: cancel the Order in whole or in part; refuse to accept any subsequent delivery of the Products which the Seller attempts to make; recover from the Seller any expenditure reasonably incurred by the Company in obtaining the Products in substitution from another supplier; and claim damages for any additional costs, losses or expenses incurred by the Company which are in any way attributable to the Seller’s failure to deliver the Products on the due date.

  • Effect of Failure or Delay in Requesting Compensation Failure or delay on the part of any Lender or the Issuing Bank to demand compensation pursuant to this Section 5.01 shall not constitute a waiver of such Lender’s or the Issuing Bank’s right to demand such compensation; provided that the Borrower shall not be required to compensate a Lender or the Issuing Bank pursuant to this Section 5.01 for any increased costs or reductions incurred more than 180 days prior to the date that such Lender or the Issuing Bank, as the case may be, notifies the Borrower of the Change in Law giving rise to such increased costs or reductions and of such Lender’s or the Issuing Bank’s intention to claim compensation therefor; provided further that, if the Change in Law giving rise to such increased costs or reductions is retroactive, then the 180-day period referred to above shall be extended to include the period of retroactive effect thereof.

  • Damages for delay Subject to the provisions of Clause 12.4, if COD does not occur prior to the 91st day after the Scheduled Completion Date, unless the delay is on account of reasons solely attributable to the Authority or due to Force Majeure, the Concessionaire shall pay Damages to the Authority in a sum calculated at the rate of 0.1% (zero point one per cent) of the amount of Performance Security for delay of each day until COD is achieved.

  • Liquidated Damages for Delay In addition to the Contractor bearing the actual cost of correcting any non-compliant work or any other actual damages resulting from Contractor’s breach of this Agreement, the Contractor agrees to pay the Contractor delay damages in the amount of $500.00 per day for every day that the goods and/or services to be provided pursuant to this Agreement have not been timely delivered to the District in compliance with the Scope of Services set forth above, unless the delay has been properly excused by the terms of this Agreement. The parties agree that the District’s actual damages for delay are difficult to estimate and that this $500.00 per day sum is a reasonable pre-estimate of the District’s actual damages for each day of delay and that the is $500.00 per day sum is intended by the parties to be in the nature of liquidated damages, not a penalty. It is not the parties’ intent for this provision to limit either party’s remedies against the other for the breach of this Agreement, except for the District’s money damages for unexcused delays caused by the Contractor.

  • Force Majeure, Notice of Delay, and No Damages for Delay The Contractor will not be responsible for delay resulting from its failure to perform if neither the fault nor the negligence of the Contractor or its employees, subcontractors, or agents contributed to the delay and the delay is due directly to acts of God, wars, acts of public enemies, strikes, fires, floods, or other similar cause wholly beyond the Contractor’s control, or for any of the foregoing that affect suppliers if no alternate source of supply is available to the Contractor. In case of any delay the Contractor believes is excusable, the Contractor shall notify the Department in writing of the delay or potential delay and describe the cause of the delay either (i) within ten (10) calendar days after the cause that creates or will create the delay first arose, if the Contractor could reasonably foresee that a delay could occur as a result; or (ii) if a delay is not reasonably foreseeable, within five (5) calendar days after the date the Contractor first had reason to believe that a delay could result. THE FOREGOING WILL CONSTITUTE THE CONTRACTOR’S SOLE REMEDY OR EXCUSE WITH RESPECT TO ANY DELAY except if such delay is caused by the fraud, bad faith, or active interference of the Department. Providing notice in strict accordance with this paragraph is a condition precedent to such remedy, and a rebuttable presumption of prejudice will exist based on Contractor’s untimely notice. The Contractor shall not assert any claim for damages related to such delay. The Contractor will not be entitled to an increase in the Term Contract price or payment of any kind from the Department for direct, indirect, consequential, impact, or other costs, expenses, or damages, including costs of acceleration or inefficiency, arising because of delay, disruption, interference, or hindrance from any cause whatsoever. If performance is suspended or delayed, in whole or in part, due to any of the causes described in this subsection, the Department may unilaterally (and with no recourse on the part of the Contractor) identify and use an alternate source to complete any work under the Term Contract as the Department deems necessary, in its sole discretion. After the causes have ceased to exist, the Contractor shall perform at no increased cost, unless the Department determines, in its sole discretion, that the delay will significantly impair the value of the Contract to the Department or State, in which case the Department may (i) accept allocated performance or deliveries from the Contractor, provided that the Contractor grants preferential treatment to the Department with respect to Products subjected to allocation; or (ii) terminate the Term Contract in whole or in part.