Common use of Liability of the Parties Clause in Contracts

Liability of the Parties. The Contractor shall be liable to compensate Damages incurred by the Principal arising out of or in connection with this Agreement and pay contractual penalty set forth in accordance with Clause 10.2 if a breach of any of the obligations of the Contractor under this Agreement is established against the Contractor. The Principal shall be liable to pay the contractual penalty set forth in accordance with Clause 10.2 if a breach of payment obligations of the Principal under this Agreement is established against the Principal.

Liability of the Parties. The Contractor shall be liable to compensate Damages incurred by the Principal arising out of or in connection with this Agreement and pay contractual penalty set forth in accordance with Clause 10.2 if a breach of any of the obligations of the Contractor under this Agreement is established against the Contractor. The Principal shall be liable to compensate Damages incurred by the Principal arising out of or in connection with this Agreement and liable to pay the contractual penalty set forth in accordance with Clause 10.2 13.2 if a breach of payment obligations of the Principal under this Agreement is established against the Principal.

Liability of the Parties. The Contractor shall be liable to compensate Damages incurred by the Principal arising out of or in connection with this Agreement and pay contractual penalty set forth in accordance with Clause 10.2 13.2 of this Agreement if a breach of any of the obligations of the Contractor under this Agreement is established against the Contractor. The Principal shall be liable to pay the contractual penalty set forth in accordance with Clause 10.2 13.2 of this Agreement if a breach of payment obligations of the Principal under this Agreement is established against the Principal.

Liability of the Parties. The Contractor shall be liable to compensate Damages incurred by the Principal and/or Beneficiary arising out of or in connection with this Agreement and pay contractual penalty set forth in accordance with Clause 10.2 if a breach of any of the obligations of the Contractor under this Agreement is established against the Contractor. The Principal Beneficiary shall be liable to pay the contractual penalty set forth in accordance with Clause 10.2 if a breach of payment obligations of the Principal Beneficiary under this Agreement is established against the PrincipalBeneficiary.

Liability of the Parties. The Contractor shall be liable to compensate Damages incurred by the Principal and/or the Beneficiary arising out of or in connection with this Agreement and pay contractual penalty set forth in accordance with Clause 10.2 12.2 of this Agreement if a breach of any of the obligations of the Contractor under this Agreement is established against the Contractor. The Principal Beneficiary shall be liable to pay the contractual penalty set forth in accordance with Clause 10.2 12.2 of this Agreement if a breach of payment obligations of the Principal Beneficiary under this Agreement is established against the PrincipalBeneficiary.

Liability of the Parties. The Contractor shall be liable to compensate Damages incurred by the Principal arising out of or in connection with this Agreement and pay contractual penalty set forth in accordance with Clause 10.2 Clause10.2 of this Agreement if a breach of any of the obligations of the Contractor under this Agreement is established against the Contractor. The Principal shall be liable to pay the contractual penalty set forth in accordance with Clause 10.2 if Clause10.2of this Agreementif a breach of payment obligations of the Principal under this Agreement is established against the PrincipalthePrincipal.

Liability of the Parties. The Contractor shall be liable to compensate Damages incurred by the Principal arising out of or in connection with this Agreement and pay contractual penalty set forth in accordance with Clause 10.2 Clause10.2 of this Agreement if a breach of any of the obligations of the Contractor under this Agreement is established against the Contractor. The Principal shall be liable to pay the contractual penalty set forth in accordance with Clause 10.2 Clause10.2of this Agreement if a breach of payment obligations of the Principal under this Agreement is established against the PrincipalthePrincipal.

Liability of the Parties. The Contractor shall be liable to compensate Damages incurred by the Principal arising out of or in connection with its negligence or a breach of any of its obligations under this Agreement and pay contractual penalty set forth in accordance with Clause 10.2 if a breach of any of the obligations of the Contractor under this Agreement is established against the Contractor. The Principal shall be liable to pay the contractual penalty set forth in accordance with Clause 10.2 if a breach of payment obligations of the Principal under this Agreement is established against the Principal.

Liability of the Parties. The Contractor shall be liable to compensate Damages incurred by the Principal arising out of or in connection with this Agreement and pay contractual penalty set forth in accordance with Clause 10.2 if a breach of any of the obligations of the Contractor under this Agreement is established against the Contractor. The Principal shall be liable to pay the contractual penalty set forth in accordance with Clause 10.2 if a breach of payment obligations of the Principal under this Agreement is established against the Principal.Clause

Liability of the Parties. The Contractor shall be liable to compensate Damages incurred by the Principal or the respective Beneficiary representative arising out of or in connection with this Agreement and pay contractual penalty set forth in accordance with Clause 10.2 13.2 if a breach of any of the obligations of the Contractor under this Agreement is established against the Contractor. The Principal and the Beneficiaries’ representatives shall be liable to pay only the contractual penalty set forth in accordance with Clause 10.2 13.2 if a breach of payment obligations of the Principal or the respective Beneficiary representative under this Agreement is established against the PrincipalPrincipal or the respective Beneficiary representative, as the case may be.

Liability of the Parties. The Contractor shall be liable to compensate Damages incurred by the Principal and/or the Beneficiary arising out of or in connection with this Agreement and pay contractual penalty set forth in accordance with Clause 10.2 if a breach of any of the obligations of the Contractor under this Agreement is established against the Contractor. The Principal Beneficiary shall be liable to pay the contractual penalty set forth in accordance with Clause 10.2 if a breach of payment obligations of the Principal Beneficiary under this Agreement is established against the PrincipalBeneficiary.

Liability of the Parties. The Contractor shall be liable to compensate Damages incurred by the Principal arising out of or in connection with connectionwith this Agreement and pay contractual penalty set forth in accordance with Clause 10.2 if a breach of any of the obligations of the Contractor under this Agreement is established against the Contractor. The Principal shall be liable to pay the contractual penalty set forth in accordance with Clause 10.2 if a breach of payment obligations of the Principal under this Agreement is established against the Principal.

Liability of the Parties. The Contractor shall be liable to compensate Damages incurred by the Principal arising arisnig out of or in connection with this Agreement and pay contractual penalty set forth in accordance with Clause withClause 10.2 if a breach of any of the obligations of the Contractor under this Agreement is established against the Contractor. The Principal shall be liable beliable to pay the contractual penalty set forth in accordance with Clause 10.2 if a breach of breachof payment obligations of the Principal under this Agreement is established against the Principal.