Sentence examples for penalty clauses from inspiring English sources

- What exactly are the penalty clauses in the contract?

Big construction companies, with tight deadlines and costly penalty clauses, are also turning to derivatives.

Their ruling described contract penalty clauses as "an ancient, haphazardly constructed edifice which has not weathered well".

But earlier this month the real fell below the band specified in the contracts, triggering penalty clauses.

He imposed harsh penalty clauses and threatened his clients, even though some were unable to feed their families.

It defended penalty clauses, saying it had made capital investment that would be affected if schools opted out.

Here, the definition "penalty clause" comes under scrutiny.

* Murray v Leisureplay (2004) ruled a "penalty clause" could not be enforced.

That was an agreement that bound the two parties together, stipulating a penalty clause should either side break the deal.

The €40m paid to N&N was described as a "penalty clause"‚ applicable in order to complete the transfer this summer.

The anti-homosexuality bill passed through parliament in December after its architects agreed to drop a death penalty clause.