1英语翻译Limitation of Liability责任范围Notwithstanding any other clause of this Contract,the total extent of the Contractor's liability to Principal (including,for the avoidance of doubt,liability to pay liquidated damages) whether arising under or in connection with this Contract or the performance ...
6, limitation of liability clause: (1) the limitation of liability is mainly the limitation of the total amount of breach of contract or damages. (2) conditions of liability: fundamental breach or general breach of contract. 7. Cancellation clause of contract 8. Confidentiality provisions 9. N...
–Remediesforbreachofcontract:4sorts---damages(compensatorydamages,nominaldamages,punitivedamages),rescission(amaterialbreach,whohastherighttorescind,alternativeremedies,restitution),specificperformance,injunction–Contractprovisionsaffectingremediesanddamages:liquidateddamages(tworequirements),limitationofliabilityclauses ...
However, these clauses can be used to impose a limit on the value of damages that a counterparty can ask for in the event of negligence or breach. Alternatively, they can be used to exclude liability in certain circumstances. Either way, limitation of liability clauses can reduce contract ri...
the contract negotiation is about the exception on limitation of liability clause as above. This is very complex items in the contract negotiation stage. Indemnities Cost and Cost Plus Profit Cost includes the direct and indirect cost, such as the overheads of the site and HQ. ...
Additionally, the buyer is protected from liability through the limitation of liability clause and is ensured confidentiality of sensitive information. The thirdparty contractor is bound obligations to ply with relevant laws and regulations, to indemnify the buyer agnst clms, and to perform their ...
Limitation of LiabilitySeller shall in on case be liable for any indirect,incidental or consequentialdamages including, but not limited to loss of profits, loss of revenue, cost of capi 46、tal, damage which does not arise at Equipment itself and claims of third parties suffered or incurred by...
Theaggrievedpersonhasadutytomitigateorreducedamagesbyreasonablemeans.LiquidatedDamagesmaybelimitedtoaspecificamount.IntheUnitedStates,punitivedamagesaregenerallynotawardedforbreachofcontractbutmaybeawardedforothercausesofactioninalawsuit.LimitationofLiability(Exculpatory)clauses.[Privateagreementispermissible.][Invalidwhen...
athe limitation of liability shall apply to any claim or cause whatsoever whether such claim or cause arises in contract ,tort or otherwise. 责任范围将适用于所有要求或导致任何这样要求或起因是否在合同,侵权行为出现或否则。[translate]
CHAPTER 7 LIMITATION OF LIABILITY AND EXEMPTION CLAUSES I. INTRODUCTION The importance of clauses limiting or excluding liability does not have to be demonstrated. The firm, which sells its products or services, has to face important risks if these products or services prove faulty, or if their...