LIABILITY OF THE PARTIES AND INDEMNIFICATION. 10.1. In case the User violates the conditions of the present Agreement, the legislation of Estonia, morality norms or in case he/she conspires with another User to violate the conditions of the Agreement, the Polyx will have the right to block or delete the User’s Account, prohibit or restrict their access to certain or all functions of the System using User’s Account as well as to claim indemnification of losses caused by the above-mentioned violations.
10.2. The Polyx is not responsible for the operability of the Site and/or the System and does not guarantee its continuous operation. The Polyx does not guarantee the safety of the information published on the Site and/or in the System as well as does not guarantee the possibility of continuous access to the information about Orders and concluded Deals, the possibility of Order placement and of concluding Deals
10.3. Polyx and its affiliates are not liable for lost profits, as well as direct or indirect losses of the User, unless otherwise provided by applicable law.
10.4. The User agrees to undertake all possible measures to protect Polyx, its affiliates and their officers and shareholders from any losses claimed by a third party as a result of the User's actions that violate this Agreement, and to compensate such damages in case of their occurrence.
10.5. The party seeking indemnification in any case shall promptly give written notice to the other of the claim for which indemnification is sought and shall cooperate with the other party in the defense of such an action or suit. The failure to give or delay in giving any such notice shall not limit the indemnifying party's rights hereunder except to the extent it is prejudiced thereby. The indemnifying party shall have the right, at its expense, to direct any such legal proceeding and the negotiation and settlement of any such claim or demand. The indemnifying party shall have no liability for any settlement made without its consent or for any fees or expenses incurred by the other party after the indemnifying party begins directing the legal proceeding.
LIABILITY OF THE PARTIES AND INDEMNIFICATION. 10.1. In case the User violates the conditions of the present Agreement, the legislation of Estonia, morality norms or in case he/she conspires with another User to violate the conditions of the Agreement, the Alcor Exchange will have the right to block or delete the User’s Account, prohibit or restrict their access to certain or all functions of the System using User’s Account as well as to claim indemnification of losses caused by the above-mentioned violations.
10.2. The Alcor Exchange is not responsible for the operability of the Site and/or the System and does not guarantee its continuous operation. The Alcor Exchange does not guarantee the safety of the information published on the Site and/or in the System as well as does not guarantee the possibility of continuous access to the information about Orders and concluded Deals, the possibility of Order placement and of concluding Deals
