- Statute
- Philippine Civil Code
- Article
- Art. 2226
- Topic
- Other Kinds of Damages
- Status
- In force
- Book
- BOOK IV Obligations and Contracts
- Title
- TITLE XVIII DAMAGES
- Chapter
- CHAPTER 3 Other Kinds of Damages
- Year
- 1949
- Cited by
- Multiple Supreme Court decisions
The provision
Liquidated damages are those agreed upon by the parties to a contract, to be paid in case of breach thereof.
Intellegal Wiki · In plain terms
Defines liquidated damages as a fixed amount the parties themselves agree on in advance, to be paid if one of them breaches the contract. The figure is set within the contract rather than proven later in court.
An editorially maintained plain-language explanation of this provision — not legal advice.
Cases applying this article
- Mondragon International Philippines v. China Banking Corporation G.R. No. 247012
- Azcuna, Jr. v. Court of Appeals G.R. No. 116665
Related provisions in this Chapter
Browse the Civil Code
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