Standard wording quantifying the damages payable for a specified breach. Guidance is provided on using the clause under the laws of China, Hong Kong, and England and Wales.

This clause is adapted from a boilerplate clause designed for use in documents governed by English law, which can be found at Standard Clause, Liquidated damages.

This standard clause is available in Chinese. To download a Word version of this standard document in Chinese, click Standard Clause, Liquidated Damages: China (Chinese Language Version).