Incoterms penalty clause (liquidated damages)
Quelle: https://iccwbo.org/resources-for-business/incoterms-2020/
TL;DR
An Incoterms penalty clause is a contractually agreed liquidated damages provision that becomes due for breaches of the delivery or performance obligations associated with Incoterms. It is a risk-allocation mechanism and enforcement tool within the contract, but it is not an official Incoterms term; its terms and amounts are defined in the underlying sales or freight agreement and governed by …
An Incoterms penalty clause is a contractually agreed liquidated damages provision that becomes due for breaches of the delivery or performance obligations associated with Incoterms. It is a risk-allocation mechanism and enforcement tool within the contract, but it is not an official Incoterms term; its terms and amounts are defined in the underlying sales or freight agreement and governed by applicable law.
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