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BGB 339 Where the obligor promises the obligee , in the event that he fails to perform his obligation or fails to do so properly , payment of an amount of money as a penalty , the penalty is payable if he is in default . If the performance owed consists in forbearance , the penalty is payable on breach .
Level:
Leistung:
fehlt
Status:
Englisch
BGB 339
Where
the
obligor
promises
the
obligee
,
in
the
event
that
he
fails
to
perform
his
obligation
or
fails
to
do
so
properly
,
payment
of
an
amount
of
money
as
a
penalty
,
the
penalty
is
payable
if
he
is
in
default
.
If
the
performance
owed
consists
in
forbearance
,
the
penalty
is
payable
on
breach
.