Common use of Liability of the Parties Clause in Contracts

Liability of the Parties. 5.1. The Parties shall be liable for non performance or improper performance of their obligations under this Agreement in accordance with the legislation of the Russian Federation. 5.2. The Party that performs inadequately or fails to perform its obligations under this Agreement shall be liable to compensate the other Party for any damages, including loss of profit.

Appears in 9 contracts

Samples: License Agreement, License Agreement, License Agreement

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Liability of the Parties. 5.1. The Parties shall be liable for non performance or improper performance of their obligations under this Agreement in accordance with the legislation of the Russian Federation. 5.2. The Party that performs inadequately or fails to perform its obligations under this Agreement shall be liable to compensate the other Party for any damages, including loss of profit.

Appears in 2 contracts

Samples: License Agreement, License Agreement

Liability of the Parties. 5.11. The Parties shall be liable for non performance or improper performance of their obligations under this Agreement in accordance with the legislation of the Russian Federation. 5.2. The Party that performs inadequately or fails to perform its obligations under this Agreement shall be liable to compensate the other Party for any damages, including loss of profit.

Appears in 1 contract

Samples: License Agreement

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Liability of the Parties. 5.1. The Parties shall be liable are responsible for non performance non-fulfillment or improper performance fulfillment of their obligations under this Agreement in accordance with the legislation of the Russian Federation. 5.2. The Party that performs inadequately or fails to perform its obligations under this Agreement shall be liable to compensate the other Party for any damages, including loss of profit.

Appears in 1 contract

Samples: Educational Services

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