<owl:Class xmlns="https://folio.openlegalstandard.org/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:v1="http://www.loc.gov/mads/rdf/v1#" xmlns:owl="http://www.w3.org/2002/07/owl#" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" xmlns:folio="https://folio.openlegalstandard.org/" xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#" xmlns:skos="http://www.w3.org/2004/02/skos/core#" rdf:about="https://folio.openlegalstandard.org/R8gVw3PYPaZJ9kce3wE60ag">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/RDe0RKU39BlhcyACJW30ZLc"/>
  <rdfs:label>Liquidated Damages Clause</rdfs:label>
  <skos:altLabel xml:lang="de-de">Vertragsstrafenklausel</skos:altLabel>
  <skos:altLabel xml:lang="en-gb">Liquidated Damages Clause</skos:altLabel>
  <skos:altLabel xml:lang="es-es">Cláusula de Daños y Perjuicios Liquidados</skos:altLabel>
  <skos:altLabel xml:lang="es-mx">Cláusula de Daños y Perjuicios Liquidados</skos:altLabel>
  <skos:altLabel xml:lang="fr-fr">Clause de pénalités</skos:altLabel>
  <skos:altLabel xml:lang="he-il">סעיף פיצויים מקובלים</skos:altLabel>
  <skos:altLabel xml:lang="hi-in">लिक्विडेटेड डैमेज क्लॉज</skos:altLabel>
  <skos:altLabel xml:lang="ja-jp">違約金条項</skos:altLabel>
  <skos:altLabel xml:lang="pt-br">Cláusula de penalidades</skos:altLabel>
  <skos:altLabel xml:lang="zh-cn">违约赔偿条款</skos:altLabel>
  <skos:definition>A liquidated damages clause is a provision in a contract that specifies the amount of damages that will be paid in the event of a breach of contract, where the actual damages are difficult to determine.</skos:definition>
</owl:Class>