weekly penalty

A contractual monetary penalty assessed for each day of delay or non-fulfillment; the amount is typically fixed in advance and may accrue with the len...

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

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