Coverage of losses Sample Clauses

Coverage of losses. 1. Losses arising in the ESM operations shall be charged:
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Coverage of losses. 6.1 The Broker is obliged to compensate the Client all the losses that may be inflicted to him by non-execution or improper execution of obligations assumed under this contract, including the losses caused by the delayed reimbursement of resources at the Client’s request, violation of contract conditions or breaches of rights and interests of the Client. If recovery of stocks is impossible, the Broker will reimburse the Client such an amount of money as to be sufficient for the purchase of equivalent number of stocks in case.
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Related to Coverage of losses

  • Mitigation of Losses The Indemnified Party shall procure that all reasonable steps are taken and all reasonable assistance is given (including the taking of any actions reasonably requested by an Indemnifying Party) to avoid or mitigate any Losses, which in the absence of mitigation might give rise to or increase a Loss in respect of any claim under this Article 8. Without limiting the foregoing, the Purchasers and the Sellers shall seek and collect any indemnification, reimbursement or other recovery of Losses that may be available under any applicable Corporate Trust Contract in accordance with Section 4.2 and the applicable provisions of the Purchase Agreement.

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