| 1. | A term fixing unreasonably large liquidated damages is void as a penalty.
|
| 2. | That case concerned what was expressed to be a liquidated damages clause.
|
| 3. | Liquidated Damages may be capped at a percentage of the contract sum.
|
| 4. | Transcon used the second, so-called loss-of-discount method to assess liquidated damages.
|
| 5. | Civil law systems generally impose less severe restrictions on liquidated damages.
|
| 6. | The use of liquidated damages dates back to the 1950s.
|
| 7. | Sadiq Khan's response stressed the need for better contracting, to include liquidated damages provisions.
|
| 8. | The measure of liquidated damages under this method is prescribed by an ICC regulation.
|
| 9. | If violations under USERRA are shown to be willful, the court may award liquidated damages.
|
| 10. | If the work is not so completed, the contractor will have to pay liquidated damages.
|