GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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06:25 Aug 29, 2000 |
German to English translations [PRO] Law/Patents - Law: Contract(s) | ||||
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| Selected response from: Brigitte Gendebien Belgium Local time: 08:06 | |||
Grading comment
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Summary of answers provided | ||||
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na | penalty provision/regulation |
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na | see below |
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na | penalty clause or regulation |
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na | penalty clause |
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penalty provision/regulation Explanation: guarantee of service level committed to through penalty provision (in the contract, I'm assuming) |
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see below Explanation: Poenal-oder auch Strafregelung penal regulation Muret-Sanders |
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penalty clause or regulation Explanation: I think they spelled it wrong. It should be written "Pönalregelung". |
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penalty clause Explanation: Penalty clause A clause found in contract agreements that provides for a penalty in the event of default. (http://www.mutualfunds.com/glossary/bfglosp.htm) Penalty clause - A provision in a contract that provides for a reduction in the amount otherwise payable under a contract to a contractor as a penalty for failure to meet deadlines or for failure of the project to meet contract specifications. (http://www.homebuildingmanual.com/Glossary.htm#P) Reference: http://www.thyssengas.de/netzdi2.htm Reference: http://www.thyssengas.de/netzdi4.htm#3.4 |
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