Common use of Penalty Clause Clause in Contracts

Penalty Clause. A) The following penalty will be imposed in the event of NON MARCH OUT OF VEHICLE a) For every vehicle for Taurus - Rs.700/- per day. b) Tipper & other vehicle - twice the rate of final order c) Failure of water washing & Lubrication for every 15 days - Rs.300/-per vehicle d) If any authority certifies to the poor condition of vehicle - Rs 500/- per vehicle.