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These are B2B contracts. You can put pretty much whatever fines and fees you want in there.
by sparkling 3y ago
These are B2B contracts. You can put pretty much whatever fines and fees you want in there.
- singleshot_ 3y agoWell, under the restatement (and case law in some states) a liquidated damages provision cannot represent a penalty. Instead, it has to represent an estimate of actual damages in breach, more or less.
- otterley 3y agoAbsent the actual language in the Agreement between T-Mobile and the intermediary providers like bandwidth.com, we have no idea what the penalty is called - bandwidth.com is calling it a “fine” but we don’t really know.