Does the aggrieved party have the right to claim the application of delay penalties, the recovery of paid amounts, or the enforcement of bank guarantees upon the other party's breach of its contractual obligations?
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Radiif AI Legal Assistant
⚡ Quick Answer:
Yes, the aggrieved party has the right to claim the application of delay penalties stipulated in the contract, the recovery of overpaid amounts, and the enforcement of bank guarantees upon proof of the other party's breach of its contractual obligations, unless the latter proves the existence of a legitimate excuse...
Legal References & Citations
سادساً: غرامات التأخير وغرامات سوء التنفيذ: تأخرت وماطلت المدعية في التنفيذ ولم تلتزم بالتنفيذ وفقا للمدة التعاقدية وبناءً على ذلك فإنه قد وجب تطبيق غرامة التأخير على المدعية وفقا لشروط العقد بواقع مب...
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