Examples of 'penalty clause' in a sentence
Meaning of "penalty clause"
penalty clause - A penalty clause is a contractual provision that outlines the specific consequences, fines, or punishments that may be imposed if one party fails to meet the terms or obligations of the agreement. It serves as a deterrent against potential breaches of contract
How to use "penalty clause" in a sentence
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penalty clause
A penalty clause excludes a claim for damages.
We do not want them to invoke the penalty clause.
A penalty clause could also be included for misconduct.
Franchise contract and penalty clause.
Add a penalty clause to the contract.
I am sure there is no penalty clause.
The accumulation of penalty clause for damages requires express agreement.
In a lease between employers not from moderate the penalty clause.
Shortage penalty clause.
Such a penalty clause could be specifically incorporated in the Purchase Order.
It is just the penalty clause.
Every penalty clause of the Criminal Code contains a fine category.
Include in purchase orders a penalty clause for late delivery all offices.
In a large majority of contracts, there is a penalty clause.
The annulment of the penalty clause does not mean that the principal obligation is void.
See also
The tenant eviction before the end of the contract with a penalty clause within the contract.
However, a penalty clause may legally be inserted in a contract.
The parties may agree on both a penalty clause and interest for delay.
Section 4 of the same law contains the following penalty clause.
Inclusion of a penalty clause in purchase orders, at least on a selective basis, should be considered.
The second unimplemented recommendation relates to the penalty clause in purchase orders for late delivery.
Paragraph 4 of that same article establishes an automatic annual reduction on the penalty clause.
In addition, the use of the penalty clause is optional.
A contractual penalty clause ( or any other appropriate remedy ) must be included in the supply agreements.
Troika démarche in Algiers concerning the penalty clause in contracts.
There was no penalty clause in case of poor contractor performance at UNOCI ;.
Not knowing if your loan has a pre-payment penalty clause.
He 's ready to pay even the penalty clause to make me leave the company.
It was not, strictly speaking, a penalty clause.
If this happens, the penalty clause in the Contract will apply.
There is a late-payment penalty clause.
We're on a penalty clause program here.
These were compounded by the non-inclusion of a suitable penalty clause in the purchase orders.
It also contained a penalty clause for non-compliance from any party amounting to 30 million euros.
Late payment and non-payment . cancellation clause penalty clause.
With every blessing goes a cursing-a penalty clause with every oath and covenant.
Penalty clause program or not, turn it off. Okay.
I discovered a prepayment penalty clause on my mortgage agreement - what to do?
Does a penalty clause [ 30 ] deprive the purchaser of the right to claim additional damages?
The accumulation of penalty clause for damages required… ».
The penalty clause is void if the main agreement is also void ( Article 408 Civil Code ).
The standard penalty clause is 10 % for either party.
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Examples of using Penalty
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Abolition of death penalty and prohibition of torture
Penalty and prohibition of the use of vehicles
The capital or death penalty does not exist
Examples of using Clause
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There is no exception clause to this last prohibition
This clause does not apply to industrial potatoes
It is therefore more akin to a clause on change of circumstances