Longman Dictionary of Contemporary English
Usage examples of "penalty clause".
Mogand the swingeing penalty clause for premature discharge was matched by one for premature reclamaof responsibility.
But if the picture went over budget, even if it grossed twenty million and made the studio a fortune, Wartberg would invoke the penalty clause in the producer’.
A week late, they were going to pay a hefty penalty clause for that.
Kill-codes usually have a penalty clause--to prevent trial-and-error guessing.
It's never happened before, so I don't rightly know, but I suspect there's a nasty penalty clause lurking in the small print.
But then it lands up in my back garden, and that's a penalty clause job I'm afraid.
If subcontractors are willing to pay the penalty clause rather than deliver components to me, I can't send out a goon squad to take the stuff.
The salary of whoever it was can go toward paying the penalty clause in the contract.
As it involved a penalty clause I telephoned Peter about it and at the end of our conversation I asked how Reece was making out.
And as for force, twenty thousand with a penalty clause in case I die young is a powerful lever.