If the Supplier fails to achieve a Time for Completion for a Liquidated Damages Milestone Event (if applicable, as extended under Sub-Clause 8.4 (Extension of Time for Completion)) there shall be deducted from the Contract Price or paid to the Owner by the Supplier the amount (“Delay Liquidated Damages”) stated in Schedule 3 (Liquidated Damages) for each whole Week, and any part of a Week on a pro rata basis, (commencing at midnight on the date of the relevant Time for Completion for the Liquidated Damages Milestone Event, as the case may be) from the applicable date of the relevant Time for Completion for the Liquidated Damages Milestone Event, as the case may be, until the actual date of achievement of the Liquidated Damages Milestone Event.
The aggregate amount so deducted or paid under this Clause shall not exceed the maximum percentage of the Contract Price stated in Schedule 3 (Liquidated Damages).
If the Supplier fails to achieve a Time for Completion for a Liquidated Damages Milestone Event (if applicable, as extended under Sub-Clause 8.4 (Extension of Time for Completion)) there shall be deducted from the Contract Price or paid to the Owner by the Supplier the amount (“Delay Liquidated Damages”) stated in Schedule 3 (Liquidated Damages) for each whole Week, and any part of a Week on a pro rata basis, (commencing at midnight on the date of the relevant Time for Completion for the Liquidated Damages Milestone Event, as the case may be) from the applicable date of the relevant Time for Completion for the Liquidated Damages Milestone Event, as the case may be, until the actual date of achievement of the Liquidated Damages Milestone Event.
The aggregate amount so deducted or paid under this Clause shall not exceed the maximum percentage of the Contract Price stated in Schedule 3 (Liquidated Damages).
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