Contractual penalty payment extinguishes the right to request judicial reduction of the penalty amount.

The court ruled that the plaintiff's request to reduce the contractual penalty was inadmissible because the defendant had already made the full payment. The plaintiff argued for a reduction based on the principle of good faith, while the defendant contended that payment finalized the obligation. The court held that once the penalty is paid, the statutory right to seek judicial mitigation of the penalty ceases to exist.