The contract includes a penalty clause for late delivery.
Контракт включает штрафную оговорку за задержку поставки.
Definitions
A penalty clause is a provision in a contract that specifies a penalty or consequence that will be imposed on a party if they fail to fulfill their obligations under the contract. This clause is intended to deter breaches of contract by outlining the financial or other repercussions that will occur if the terms are not met.
