This excerpt taken from the LNY 10-K filed Mar 16, 2009.
(Insert provisions, if any, for liquidated damages relating to failure to complete on time, or for bonus payments for early completion of the Work.)
4.4 If completion and delivery of the Project shall be delayed beyond the Substantial Completion Date, or Extended Substantial Completion Date, it is agreed that Owner shall suffer damages which are difficult to ascertain, and the parties hereby agrees that Owner shall sustain, and Contractor agrees to pay, liquidated damages in the
4.4.2 Additional bonus Owner shall pay Contractor a bonus of $10,000 per calendar day, for every day that the Contractor completes the project prior to December 16, 2009. For purposes of the Bonus, completion of the Project shall be considered to have occurred only when Owner has all 510 hotel rooms (so long as the Owner notifies Contractor prior to May 1, 2009 to build out and complete the additional 94 hotel rooms, otherwise all hotel rooms shall mean 416 hotel rooms, plus any additional hotel rooms if any, the Owner has requested Contractor to build out prior to May 1, 2009), all back of house space, and public space completed per the Contract Documents and available for use and occupancy by the general public.