Standard wording quantifying the damages payable for a specified breach. Guidance is provided on using the clause under the laws of China, Hong Kong, and England and Wales.
Maintained • Expand, China, England...Hong Kong - PRC, Wales
Standard wording quantifying the damages payable for a specified breach. Guidance is provided on using the clause under the laws of China, Hong Kong, and England and Wales.
This clause is adapted from a boilerplate clause designed for use in documents governed by English law, which can be found at Standard Clause, Liquidated damages.