Supplier's risks in the supply contract and ways to mitigate them (ru-en)
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Supplier's risks in the supply contract and ways to mitigate them (ru-en)Supplier's risks in the supply contract and ways to mitigate them (ru-en)Supplier's risks in the supply contract and ways to mitigate them (ru-en)Supplier's risks in the supply contract and ways to mitigate them (ru-en)Supplier's risks in the supply contract and ways to mitigate them (ru-en)
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Ready-made language with thoughtful terms limiting a supplier's liability in a contract: 1. Liquidated damages for delay 2. Penalty for delivery of substandard or incomplete goods 3. exclusivity of penalties (losses in excess of penalties are not compensated) 4. liability for causing damage 5. Exclusion of consequential damages and lost profits 6. General limitation of liability 7. Liability only if there is fault 8. Exclusion of liability not provided for by contract or peremptory norms 9. Exclusion of the Supplier's liability due to the Purchaser's default 10. Exclusion of Supplier's liability in case of receipt of insurance payments by the Buyer 11. Conditions of validity of the guarantee 12. Termination of liability 13. Limitation of liability does not apply Who is it for? - Suppliers of goods and services - Lawyers for companies dealing with B2B contracts - Businesses negotiating with large customers - Startups that want to minimize legal risks What problems does it solve? 1. Financial losses - protects against large lawsuits through liability limits. 2. Unforeseeable risks - eliminates claims for lost profits and reputational damage. 3. legal conflicts - reduces the risk of litigation through clear contractual terms.
Properties
JurisdictionRussia
Branch of LawCivil
Legal RelationsB2B
WordingComprehensive
RelevanceApplicable now
Supply AgreementIn favor of supplier
Original languageRussian
Translation languageEnglish
Set
Limitation of Supplier Liability_ru_en.docx
Categories
Keywords
Ограничение ответственности
limitation of liability
ID: 212.90959
Created: 12.02.2025
Variants
 
Supplier's risks in the supply contract and ways to mitigate them
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