Liquidated Damages

Views Updated: Dec 15, 2025

Abbreviation

Pronunciation

/ˈlɪkwɪˌdeɪtɪd ˈdæmɪʤɪz/

This is to declare creditor's rights to the actual loss as liquidated damages may not constitute bankruptcy claims.
Uniform rules on liquidated damages and penalty clauses;
The total amount of the liquidated damages shall not exceed _____ percent of the total Contract Price.
The contractual liquidated damages specified in the SCC shall higher than the evaluation advantage.
The parties may conclude a training contract separately, to specify the term of service and liquidated damages.

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