Liquidated damages

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(Law) damages the amount of which is fixed or ascertained.
- Abbott.

See also: Liquidate

References in periodicals archive ?
Liquidated damage clauses should be negotiated between the parties.
To be enforceable, these required lease payments must be properly written as liquidated damage clauses.
Liquidated damage clauses which are reasonable in amount are enforceable as part of a contract and are not treated as penalty clauses.
As an alternative or supplement to a restrictive covenant, physician executives should consider the use of a liquidated damage provision.
Most contracts for the sale of real estate contain liquidated damage provisions which have long been upheld by New York courts.
The plaintiffs targeted Trinity's practice of collecting a nonrefundable $100 ``initiation fee'' from every new tenant at the time they signed their lease, and its collection of a liquidated damage deposit equal to one month's rent.
Tenders are invited for Pencil Eraser Non dust Apsara Brand,White Cello Tape (1/2") Agreed Liquidated Damage: If Successful Tenderer Fails To Execute The Order Within The Agreed Delivery Schedule, He Shall Be Liable To Pay As Agreed Liquidated Damages A Sum@ A'% Of The Contract Value Per Week Or Part Thereof Of Delay Subject To A Maximum Of 5%.
As Per Is:712 Including Transporting Agreed Liquidated Damage: If Successful Tenderer Fails To Execute The Order Within The Agreed Delivery Schedule, He Shall Be Liable To Pay As Agreed Liquidated Damages A Sum@ A'% Of The Contract Value Per Week Or Part Thereof Of Delay Subject To A Maximum Of 5%.
E[acute accent]Other topics include chain-reaction types of accusations, summary judgment, possible motives for sexual harassment claims, damages, settlement agreements, liquidated damage provision, the Equal Pay Act claim, Title VII, the "after-acquired evidence" doctrine, frivolous claims, stored e-mail and its impact on employment lawsuits, claims prevention, sexual harassment training, the EEOC, termination cases, taking depositions and interviewing witnesses, multiple instances of harassment, the Ellerth/Farragher doctrine, and proper documentation.
Non-Performance liquidated damages Dealer~s a failure penalty is obliged to to pay, if reason, to him attributable to the contract is is hereby denounced.
Chief amongst these mechanisms are liquidated damages clauses that seek to give to an event of breach of the contract at an unpredictable time with unpredictable consequences, certain quantification.
These provisions, unfortunately sometimes referred to as "boilerplate," include remedies restrictions, liquidated damages, warranty disclaimers and limitations on liability.