Einde inhoudsopgave
Principles of European Contract Law
Artikel 9:509 Agreed Payment for Non-performance
Geldend
Geldend vanaf 01-01-1999
- Redactionele toelichting
Bron: frontpage.cbs.dk/law/commission_on_european_contract_law. De datum van publicatie is gezet op 01-01-1999.
- Bronpublicatie:
01-01-1999, Internet 1999, 000 (uitgifte: 01-01-1999, kamerstukken/regelingnummer: -)
- Inwerkingtreding
01-01-1999
- Bronpublicatie inwerkingtreding:
01-01-1999, Internet 1999, 000 (uitgifte: 01-01-1999, kamerstukken/regelingnummer: -)
- Vakgebied(en)
EU-recht / Bijzondere onderwerpen
Verbintenissenrecht / Overeenkomst
(1)
Where the contract provides that a party who fails to perform is to pay a specified sum to the aggrieved party for such non-performance, the aggrieved party shall be awarded that sum irrespective of its actual loss.
(2)
However, despite any agreement to the contrary the specified sum may be reduced to a reasonable amount where it is grossly excessive in relation to the loss resulting from the non-performance and the other circumstances.