Generally, at common law, a liquidated damages clause will not be enforced if its purpose is to punish the party in breach rather than to compensate the injured party, in which case it is referred to as a penal or penalty clause. One reason for this is that the enforcement of the term would, in effect, require an equitable … See more Cavendish Square Holding BV v Talal El Makdessi [2015] UKSC 67, Supreme Court(UK) 1. Unspecified claim 2. Penal bond See more Web( læd) n 1. a boy or young man 2. informal a familiar form of address for any male 3. a lively or dashing man or youth (esp in the phrase a bit of a lad) 4. a young man whose behaviour is characteristic of male adolescents, esp in being rowdy, macho, or immature 5. (Professions) Brit a boy or man who looks after horses 6.
575 Synonyms & Antonyms of CHARGES - Merriam Webster
Web1. The amount by which cash flow falls short of debt service. For example, if a company has $300,000 in current liabilities and only $250,000 in cash flow for a given year, its … WebSep 24, 2024 · LAD is an important part of construction law in Malaysia, as it helps to avoid unnecessary disputes around project overruns. By agreeing in advance what that cost … cpc jiangsu provincial committee
LAD English meaning - Cambridge Dictionary
WebFeb 21, 2024 · It stands for 'Liquidated Ascertained Damages’, which is a genuine pre-estimate of the loss that'll be caused to one party in a situation where the contract is broken by the other. LAD will... WebLaycan in Maritime Law. The following is a definition of Laycan, produced by Tetley, in the context of admiralty law: An abbreviation of “layday cancelling date” or “laydays … Webcharges 1 of 2 noun Definition of charges plural of charge 1 as in indictments a formal claim of criminal wrongdoing against a person charges of burglary and armed robbery that have yet to be proved Synonyms & Similar Words Relevance indictments counts allegations accusations complaints countercharges counter-charges raps counteraccusations maglietta roblox avatar