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damages clause

См. также в других словарях:

  • liquidated damages clause — USA A contractual provision requiring a party in breach to pay a pre determined amount to the other party as compensation for the breaching party s failure to perform a specific task or comply with a particular duty or obligation. Parties… …   Law dictionary

  • Damages — This article is about the law term. For the television series, see Damages (TV series). For other uses, see Damages (disambiguation) …   Wikipedia

  • damages — I noun amends, compensation, costs, expenses, expiation, fine, indemnification, indemnity, injury, just compensation, legal costs, legal liability, loss, penalty, recompense, recovery, reimbursement, remuneration for injury suffered, reparation,… …   Law dictionary

  • Liquidated damages — (also referred to as liquidated and ascertained damages) are damages whose amount the parties designate during the formation of a contract for the injured party to collect as compensation upon a specific breach (e.g., late performance).When… …   Wikipedia

  • penalty clause — n 1: a clause (as in a contract) that calls for a penalty to be paid or suffered by a party under specified terms (as in the event of a breach) and that is usu. unenforceable ◇ A penalty clause differs from a liquidated damages clause by not… …   Law dictionary

  • net contribution clause — A net contribution clause may also be known as a proportional liability clause. Such a clause is a common feature in many standard form contracts used in the construction and engineering industry, such as the appointment of an architect or an… …   Law dictionary

  • Changes clause — A changes clause, in government contracting, is a required clause in government construction contracts. Contents 1 Background 2 Changes clauses for construction contracts in the Federal Acquisition Regulations 3 Purposes …   Wikipedia

  • Arbitration clause — Contract law Part o …   Wikipedia

  • Penal damages — are best seen as quantitatively excessive liquidated damages and are invalid under the common law. While liquidated damages are a priori calculations of expectation loss under the contract, penal damages go further and seek to penalise a party in …   Wikipedia

  • Non-compete clause — Contract law Part …   Wikipedia

  • ad damnum clause — noun claim for damages, demanded damages, fixed amount of damages, monetary clause, provision for damages Burton s Legal Thesaurus. William C. Burton. 2006 ad damnum clause …   Law dictionary

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