Supplier's risks in the supply contract and ways to mitigate them

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Supplier's risks in the supply contract and ways to mitigate themSupplier's risks in the supply contract and ways to mitigate themSupplier's risks in the supply contract and ways to mitigate themSupplier's risks in the supply contract and ways to mitigate themSupplier's risks in the supply contract and ways to mitigate them
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About this item

Ready-made language with thoughtful terms limiting a supplier's liability in a contract. The provisions are mandatory for protecting the supplier's interests and include the following wording:: 

  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?

  1. Suppliers of goods and services 
  2. Lawyers for companies dealing with B2B contracts 
  3. Businesses negotiating with large customers 
  4. Startups that want to minimize legal risks 

What problems does it solve? 

  • Financial losses - protects against large lawsuits through liability limits. 
  • Unforeseeable risks - eliminates claims for lost profits and reputational damage. 
  • legal conflicts - reduces the risk of litigation through clear contractual terms.

About this item

Ready-made language with thoughtful terms limiting a supplier's liability in a contract. The provisions are mandatory for protecting the supplier's interests and include the following wording:: 

  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?

  1. Suppliers of goods and services 
  2. Lawyers for companies dealing with B2B contracts 
  3. Businesses negotiating with large customers 
  4. Startups that want to minimize legal risks 

What problems does it solve? 

  • Financial losses - protects against large lawsuits through liability limits. 
  • Unforeseeable risks - eliminates claims for lost profits and reputational damage. 
  • legal conflicts - reduces the risk of litigation through clear contractual terms.

Properties

JurisdictionRussia
Branch of LawCivil
Legal RelationsB2B
RelevanceApplicable now
Supply AgreementIn favor of supplier
Original languageRussian
Translation languageNo

Set

Ограничение ответственности Поставщика_ru.docx

Categories

Keywords

Ограничение ответственности
limitation of liability
ID: 212.34999
Created: 12.02.2025

Variants

 
Supplier's risks in the supply contract and ways to mitigate them (ru-en)
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