Common use of Performance Penalty Clause in Contracts

Performance Penalty. In the event ASMA fails and/or omits to submit the monthly report, the Government shall have the right to impose the performance penalty by deducting from the fee payable to ASMA .

Appears in 1 contract

Sources: Interim Agreement

Performance Penalty. In the event ASMA fails and/or omits omi ts to submit the monthly report, the Government shall have the right to impose the performance penalty by deducting from the fee payable to ASMA .

Appears in 1 contract

Sources: Interim Agreement