When can the agreed-upon delay penalty be applied in commercial contracts?
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Radiif AI Legal Assistant
⚡ Quick Answer:
The agreed-upon delay penalty may be applied in commercial contracts if it is proven that one of the parties delayed in fulfilling its contractual obligations within the stipulated period pursuant to the agreements concluded between them.
Legal References & Citations
محضر الاجتماع المنعقد بين المدعية والمدعى عليها بتاريخ 29/3/2018م
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