Sentences with phrase «damages clause at»

Not exact matches

(c) In the event the aircraft is lost or damaged beyond repair, the Government shall pay the Contractor a sum equal to the fair market value of the aircraft at the time of such loss or damage, which value may be specifically agreed to in clause 1252.228 - 71, «Fair Market Value of Aircraft,» less the salvage value of the aircraft.

The damages for late payment clause was, however, omitted from the draft legislation, but could be reinserted at a later date.

Although they fail to «draw a mathematical bright line between the constitutionally acceptable and the constitutionally unacceptable,» id., at 458; Has lip, 499 U. S., at 18, a majority of the Justices agreed that the Due Process Clause imposes a limit on punitive damages awards.

The court set the punitive damages at $ 100,000 considering the «outrageous» behaviour of the defendant in dismissing Gordon and trying to hold him to their non-compete clause.

In accordance with the key principle of the Default Clause that damages are to be based on (but not limited to) the difference between the contract price and the actual or estimated value of the goods at the date of default, the Board of Appeal had awarded Buyers substantial damages.

At issue before the Supreme Court was whether the immunity clause in s. 43 of the Alberta Energy Resources Conservation Act had the effect of barring her claim for Charter damages.

Of course, evidential issues will prove problematic — if damaging property is the main breach — it will not work every time, but one would hope that a specific clause would at least make our abuser in the supermarket car park think twice and make it easier to punish him if he does not.

The question was whether the enforceability of a liquidated damages clause should be tested by analyzing the circumstances that existed at the time the contract was formed (the «single look») or at the time of the breach (the «second look»).

Tenants may seek to alter damage and destruction clauses, look more closely at what constitutes «normal conduct of business» and interruptions in business, and demand specific security measures, according to a report from Julien J. Studley Inc., which specializes in tenant representation.