The new State Finance Act should thus strengthen these time-lines and ensure, by way of penalty clauses
, that Accounting Officers adhere to these time-lines," he said.
The majority of the Ontario Court of Appeal focused on whether the penalty clause
was so unconscionable as to be unenforceable.
There is no need for a rule that singles out penalty clauses
for special treatment.
greater enforceability of penalty clauses
is a positive change in the
I doubt it'll be pursued but the penalty clauses
for breach can be anything up to two years' dough.
STIFF penalty clauses
to force contractors to finish the Ricoh Arena on time were not put in place because they were too costly, it has emerged.
For years utility and cable contractors have only needed permission from local councils to dig up roads, and haven't been constrained by time limits or penalty clauses
In what has been called one of the worst business deals in the history of the country, the company agreed to penalty clauses
in a 1993 contract with foreign vendors to install 1.
The company did not give a reason for its withdrawal, although it might have been discouraged by the strict performance targets and penalty clauses
set for suppliers by the UK government.
Simply call lenders and ask them directly about their prepayment penalty clauses
There may be penalty clauses
if you don't reach targets, for example, and these targets may get harder once every Joe Bloggs on the block has an ATM.
make sure your contract has stringent penalty clauses
for failure to perform.