Breach of contract penalty clause sample
A penalty clause is a provision in a contract that requires one party be penalized if they have breached the contract. What Is a Penalty Clause? In contracts, there 2 Jul 2019 You will sometimes find a penalty clause in a contract. Or you might Claiming damages for breach of contract can be hard. Taking action Another example, is in the context of service levels for ICT services. If you are a 16 Oct 2018 A penalty is a clause that sets a harsh monetary punishment for the breach of a contract term, or failure to uphold contractual obligations. At first