The object of claim for extension of time is to extend the construction time, to avoid the penalty for delay, and then provide the contract foundation for legality of financial claim.

工期索赔的目的首先是延长工期，避免遭受工期延误罚款；其次是给经济索赔的合法性奠定合同基础。

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This agreement pertaining to the contractual penalty or enforcement thereof shall not affect any justified legal claims for a delay in delivery.

本条款所包含的违约金或其执行的约定应不影响对延迟交货的任何合理的法定索赔权。

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In case that Buyer delays in paying the payment according to this Contract, Buyer shall pay to Seller penalty for each delay day, which is equal to _ % of total amount.

如果卖方不能按合同规定及时交货，除因不可抗力者外，若卖方同意支付延期罚款，买方应同意延期交货。

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And if they don't, they'll have to pay a 1% per month premium penalty for every month they delay.

NPR: Bush Hits Road to Urge Seniors Into New Drug Plan

As a result of concerns about the new law, the IRS will delay penalty provisions and withholding requirements for a full year, until January 1, 2013.

FORBES: IRS Offers Relief for Credit Card Reporting Requirements

Under federal rules, individuals are required to enroll in Medicare when they turn 65, or pay a premium penalty of 10% for each 12-month period they delay.

WSJ: Conquering Retirement: Couples Without Benefits