daily penalty

In a logistics/contract context: a contractual monetary penalty whose amount is determined per week of delay in fulfilling a performance obligation or...

A penalty clause is a contractual provision that imposes a predetermined financial penalty for breach or late performance, intended to deter default a...

A contractual penalty clause is an agreement in a contract under which, for non-performance, late performance, or breach of contractual obligations, a...

The penalty amount refers to the size or level of the punishment imposed for violations of contractual obligations in logistics and transport, such as...

A warehousing arrangement in which penalties (fees) are charged for non-compliance or delays, and goods may be stored as a consequence.

A financial penalty specified in a warehousing/storage contract charged to the consignor/receiver when storage services are not properly performed or ...