FOLIO Ontology

Late Payment Penalty Clause

IRI:
https://folio.openlegalstandard.org/RvarcjDMtvkjKFA7vTQdDO
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Definition

A Late Payment Penalty Clause is a provision in a contract that imposes a financial penalty on a party who fails to make a payment by the agreed-upon due date.

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Translations

🇫🇷 fr-fr Clause de pénalité de retard de paiement
🇧🇷 pt-br Cláusula de penalidade por atraso no pagamento
🇪🇸 es-es Cláusula de penalización por pago tardío
🇲🇽 es-mx Cláusula de penalización por pago tardío
🇩🇪 de-de Klausel zur Verzugsstrafe
🇬🇧 en-gb Late Payment Penalty Clause
🇮🇱 he-il סעיף עונש עיכוב בתשלום
🇮🇳 hi-in विलंबित भुगतान जुर्माना अनुबंध
🇨🇳 zh-cn 迟付款罚则条款
🇯🇵 ja-jp 遅延支払いペナルティ条項

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Additional Information

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Identifier

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Source and Origin

No source or origin information available