Protection of Charge. The Pledgeholder shall not be liable in respect of any loss or damage which arises out of the exercise, or the attempted or purposed exercise of, or the failure to exercise any of its powers, unless such loss or damage is caused by its gross negligence or wilful misconduct.
Appears in 6 contracts
Samples: Open Joint Stock Co Vimpel Communications, Open Joint Stock Co Vimpel Communications, Open Joint Stock Co Vimpel Communications
