{"@context":"https://schema.org","@type":"DefinedTerm","name":"penalty clause","description":"A penalty clause is a contractual provision stipulating a pre-agreed sum payable if one party fails to perform, performs defectively, or delivers late – without requiring the creditor to prove actual loss. In freight forwarding and logistics contracts, such clauses typically address delivery deadlines, exclusivity obligations, or service quality standards. They make the financial consequences of non-performance predictable from the outset and remove the need for complex damage calculations in di","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/penalty-clause","inLanguage":"en","dateModified":"2026-06-26T22:05:35.834295","citation":"https://de.wikipedia.org/wiki/Vertragsstrafe","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/penalty-clause","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"penalty clause · A penalty clause is a contractual provision stipulating a pre-agreed sum payable if one party fails to perform, performs defectively, or delivers late – without requiring the creditor to prove actual loss. · Quelle: https://de.wikipedia.org/wiki/Vertragsstrafe"}