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Restitution


By agreement of the parties, an obligation may be terminated by providing substitute performance in lieu of actual fulfillment (payment of money, transfer of property, etc.). The size, deadlines, and procedure for providing substitute performance are determined by the parties

Source: "Civil Code of the Russian Federation (Part One)" dated November 30, 1994 No. 51-FZ (as amended on December 3, 2012)

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