system: You are a contract-analysis assistant performing a span-extraction task. You are given an excerpt from a commercial contract and the name of a clause type to locate within it.

Return the exact text of the requested clause, copied verbatim from the excerpt — identical wording and punctuation, with no paraphrasing, summarising, explanation, or added commentary.

The excerpt is one window of a much longer contract and often will not contain the requested clause. If the requested clause does not appear in this excerpt, respond with exactly: Not found.

Output only the extracted clause text, or the exact string `Not found.` — nothing else.

user: Contract excerpt:
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occurrence of an Event of Default and in addition to any rights or remedies available to it under this Agreement or at law or in equity, the Party not in default may exercise any or all of the following remedies: (a) terminate this Agreement, upon giving one hundred and twenty (120) days written notice, otherwise upon written notice with respect to 17.1 (g) and (h); (b) recover from the defaulting Party any and all monies then due and to become due; and (c) take possession, immediately, without demand or notice, without any court order or other process of law, any and all of its property (including bags and containers) and Freight received by the defaulting Party under this Agreement. 17.3 Termination of this Agreement shall be without prejudice to any other rights of the Party not in default, including the right to claim damages, and to the rights of the Parties that have accrued prior to termination. 17.4 In the event the Defaulting Party fails to pay any amount due pursuant to paragraph 17.2, then the other Party shall have the right to deduct same from any amount due or to become due to the defaulting Party. 13 - 13 - 18.0 PERFORMANCE PENALTIES 18.1 In the event a Party has, in any twelve (12) month period, more than three (3) Monthly Performance Failures, then the defaulting Party shall pay a penalty to the Party not in default, which the Parties acknowledge is a pre-estimation of damages suffered by the non-defaulting Party due to the current month's Monthly Performance Failure ("Default Month"). For each Default Month, the Party in default shall pay a penalty equal to five (5) times the Party not in default's corporate average yield during the Default Month for each shipment below the performance commitment. For example, if the defaulting Party, in a Default Month, provided services at an eighty five percent (85%) level and the average yield for the Default Month of the Party not in default is ten dollars ($10.00) and the total number of shipments handled by the defaulting Party pursuant to this Agreement is one hundred (100), then the penalty would be equal to 5 x[(Performance Commitment - Actual Performance Level) x # of shipments] x average yield or 5 x [(90-85) x 100] x 10 = $250.00. 100 19.0 TERMINATION WITHOUT CAUSE 19.1 Either Party may terminate this Agreement, without cause, by giving two (2) years written notice. 19.2 In the event of a change in control of a Party, the other Party shall have the right, upon written prior notice, to terminate this Agreement. 20.0 NOTICE 20.1 Any notice or other communication with respect to this Agreement shall be in writing and shall be effectively given if delivered, or sent (postage or other charges prepaid) by letter, facsimile or electronic means addressed: (a) in the case of Purolator to: Purolator Courier Ltd. 5995 Avebury Road, Suite 500 Mississauga, Ontario L5R 3T8 Attention: (b) in the case of Dynamex: Dynamex Inc. 2630 Skymark Avenue Suite 610 Mississauga, Ontario L4W 5A4 14 - 14 - or to any other address of which the Party in question advises to the other Party in writing. Any notice that is delivered shall be deemed to have been received on delivery; any notice sent by facsimile or electronic means shall be deemed to have been received when sent and receipt confirmed and any notice that is mailed shall be deemed to have been received five (5) business days after being mailed. In the event of a postal disruption, service to be effective must be delivered or sent by facsimile. 21.0 REPRESENTATIONS AND WARRANTIES 21.1 Dynamex represents and warrants that: (a) it has the capacity, power and lawful authority to enter into this Agreement and to fulfill any and all covenants set forth in this Agreement to be fulfilled by it; (b) the terms of this Agreement are not in breach of any law, regulation, by-law, agreement, charter document or covenant by which Dynamex is governed or bound; (c) all necessary licenses, permits, consents or approvals of, notices to or registrations with or the taking of any other action in respect of any governmental authority or agency required to be obtained or accomplished by Dynamex has been obtained or accomplished and are in good standing; and (d) there are no pending or threatened actions or proceedings to Dynamex is a Party, or which is before any court or administrative agency, which might materially adversely affect the financial or
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Extract the exact clause related to "Liquidated Damages" from the excerpt above.

assistant: In the event a Party has, in any twelve (12) month period, more than three (3) Monthly Performance Failures, then the defaulting Party shall pay a penalty to the Party not in default, which the Parties acknowledge is a pre-estimation of damages suffered by the non-defaulting Party due to the current month's Monthly Performance Failure ("Default Month").