Examlex
Grandchildren __________ in the last decade or two of life.
Non-competition Clause
A provision in a contract that prohibits a party from entering into competition with another party for a certain period of time and within a specific geographical area.
Liquidated Damages
A predetermined amount of money that must be paid as compensation for failure to perform under a contract.
Penalty Unenforceability
The legal concept that a penalty clause within a contract may not be enforceable if it is deemed excessively punitive rather than a genuine pre-estimate of loss.
Liquidated Damages
A predetermined amount of money that must be paid as compensation for failure to perform certain obligations of a contract.
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