Examples of 'liquidated damages' in a sentence
Meaning of "liquidated damages"
liquidated damages: A specific sum of money agreed upon in a contract to be paid by a party breaching the agreement. These damages provide certainty on the amount of compensation in case of a breach
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- An amount owed to a plaintiff in a lawsuit by the defendant that is determined by operation of law, such as the unpaid amount in a breach of contract.
How to use "liquidated damages" in a sentence
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liquidated damages
Payable as liquidated damages and not as a penalty.
Any penalty is presumed to constitute liquidated damages.
But liquidated damages must appear to be a genuine.
Vendor performance and liquidated damages.
Liquidated damages and insurance coverage.
Performance bonds and liquidated damages.
Liquidated damages and penalty clauses.
Violation of terms and liquidated damages.
Including a liquidated damages clause is not without risks.
The contractual clauses often provide for a liquidated damages clause.
Liquidated damages clauses are often found in construction contracts.
Double it all in liquidated damages.
Liquidated damages in an amount equal to the unpaid commissions.
Provisions that set forth liquidated damages and penalties.
Liquidated damages if the employer acted in bad faith.
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Similar loss of discount and liquidated damages provisions are also included.
Liquidated damages for the breach of this agreement.
Cancellation fees are agreed to be liquidated damages and are not considered a penalty.
Liquidated damages equal to the amount of back pay awarded.
The contract provision you have described is a liquidated damages provision.
Use of liquidated damages clause.
The sum of these values is the total of the liquidated damages.
The inclusion of liquidated damages is particularly appropriate for outsourced contracts.
Many national laws have provisions on liquidated damages and penalty clauses.
Liquidated damages claimed.
A term fixing unreasonably large liquidated damages is expressly made void as a penalty.
Liquidated damages clause.
No additional costs because of delay and the eventual liquidated damages involved.
A liquidated damages clause does not preclude a claim for additional damages.
The contract should specify the ceilings for collection of liquidated damages.
Liquidated damages will be applied if the seller fails to meet these circumstances.
Such suspension shall not constitute a delay for the purposes of liquidated damages.
Back wages and liquidated damages are paid directly to the affected employees.
The case concerns the dividing line between a penal requirement for a deposit and liquidated damages.
Liquidated damages for failure to receive minimum wage for each hour worked.
The Panel recommends no compensation for liquidated damages.
Liquidated damages clauses and penalty clauses are most frequently provided for delay in performance.
The Employer may deduct liquidated damages from payments due to the.
A liquidated damages clause is included in all Operation contracts.
This is not a penalty but an agreed liquidated damages charge for the Unauthorized Use.
Recovery of liquidated damages from the contractor for tented accommodation in accordance with the contract.
Assumed Contractual Liability for financial loss including liquidated damages.
Resolution of liquidated damages claims and development of ship charter contracts using best industry practice.
Xix . violation of terms and liquidated damages.
Liquidated Damages may be capped at a percentage of the contract sum.
Non-inclusion of liquidated damages clauses in contracts.
Liquidated Damages Will be imposed under the following conditions.
These pre-determined damages are known as liquidated damages.
Penalty and liquidated damages clauses in CISG contracts revisited.
At our discretion, we may seek actual or liquidated damages.
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Examples of using Damages
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These damages are not covered under warranty
Practically free from damages caused by pests
Damages due to shipping damage or improper installation
Examples of using Liquidated
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This provision will be liquidated at biennium end
Were liquidated within days of your arrival there
Both of them should be liquidated as soon as possible
