penalty clause


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Related to penalty clause: Liquidated damages clause
Translations

penalty clause

n (in contract) → penale f
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References in periodicals archive ?
Beirut: Investigative Judge George Rizk charged Tarek Yatim with first-degree murder under Article 549 of the Lebanese penal code, sometimes known as the death penalty clause, for the stabbing death of George Al Rif over a traffic dispute on July 18, 2015.
Although there are any number of breaches that can give rise either to a penalty clause or a liquidated damages clause, the two most common categories of tenant misconduct are: when the tenant leaves too early--when the tenant abandons the tenancy; and when the tenant stays too long--when the tenant holds over after the natural conclusion of the lease.
If so, does the council have the forethought to put a penalty clause into these contracts, as a regular person would?
UEFA published a statement that said if Chelsea enforced the penalty clause for the two - legged semifinal tie they would be sanctioned.
It also says Batelco reserved the bank guarantee, which was a penalty clause stipulated in the contract in the event the agreement was cancelled.
Batelco also made reservation on the bank guarantee relating to the penalty clause stipulated in the contract in case the agreement has been cancelled.
The second most important thing, regardless of whether you are or aren't dealing with a solid real estate agent and/or a solid law firm, is that when you get into such agreements, you should first make sure that both parties are subjected to a kind of penalty clause in case of not honoring the contract.
But the idea that there is no penalty clause for the company is just not good enough.
the agreements conducted with QInvest - regarding the strategic alliance - do not include a penalty clause in case of the termination of any party to those agreements; however, consequences of such termination - like any contract - are subject to judicial claims.
The majority of the Ontario Court of Appeal focused on whether the penalty clause was so unconscionable as to be unenforceable.