5.1. Property and other responsibility of the parties are before each other defined by the legislation of the Russian Federation and the present Contract.
5.2. For delay of payment of the freight of Frahtovatel pays to the Ship-owner the penalty in size ___ % from the rate of the freight per every day of delay.
5.2. In case of delay of payment of the freight over 14 (fourteen) calendar days the ship-owner has the right to withdraw without the prevention from a vessel and to claim the damages caused by such delay.
5.3. At Ship Frahtovatel untimely return pays for a delay of the Vessel the penalty under the rate of the freight provided by the present Contract, or under the market rate of the freight if it exceeds the rate of the freight provided by the present Contract.
5.4. The ship-owner doesn't bear responsibility for Vessel latent defects, i.e. such lacks which couldn't be found out at display by the Ship-owner of due care.
5.5. Doesn't bear the liability for damages, caused by rescuing, destruction or damage of the chartered vessel if it is not proved that losses are caused because of Frahtovatel.