词汇 | liquidated-damages |
释义 | liquidated damages noun[ plural ] ukus LAW in a written agreement, a sum of money that one person, organization, etc. will pay to the other if the agreement is broken: He agreed to pay liquidated damages of nearly $1.4 million. Examples of liquidated damagesliquidated damages It is well established that liquidateddamages for breach of contract are void if they seek to punish rather than to compensate for loss. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Where the case is premised on liquidateddamages, such as a breach of a promissory note, then judgment will be entered in that amount. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. It also would have added minimum liquidateddamages for willful violations and punitive damages for violations committed with malice. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Thus a seller may exclude liability for consequential loss, and may agree liquidateddamages for delay. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Parties may contract for liquidateddamages to be paid upon a breach of the contract by one of the parties. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Issues related to liquidateddamages, misrepresentation, vehicle condition, contract disputes and safety certificates are the most common complaints handled. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. It is a commonplace that a seller of goods may exclude liability for consequential loss, and may agree liquidateddamages for delay. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The contract stipulated the levy of liquidateddamages for the delays and the same worked out to the equivalent of 38.5 million. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Officially, demurrage is a form of liquidateddamages for breaching the laytime as it is stated in the governing contract (the charter party). From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Such clauses should be distinguished from liquidateddamages clauses, which do not result in binding judgments against the obligor. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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