Russian translation: штрафные убытки; убытки, присуждаемые в порядке наказания
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10:00 Apr 27, 2005
English to Russian translations [PRO] Law/Patents - Law: Contract(s)
English term or phrase:exemplary damages
Exemplary Damages. The Parties waive their rights to claim or recover, and the arbitral tribunal shall not award, any punitive, multiple, or other exemplary damages (whether statutory or common law) except to the extent such damages have been awarded to a third party and are subject to allocation between or among the parties to the Dispute.