Common use of RESPONSIBILITY OF THE BUYER Clause in Contracts

RESPONSIBILITY OF THE BUYER. The Buyer shall be fully responsible for the management of the Company’s assets and the assets of its affiliations in accordance with law and applicable regulations, and in accordance with the conditions and authorizations required for such assets and activities. The Buyer shall be responsible to the Federation of Bosnia and Herzegovina and Sarajevo Canton for all ecological damage stemming from the management of the assets owned by the Company and its affiliations after signing the Agreement and for activities that violate standing ecological laws.

RESPONSIBILITY OF THE BUYER. The Buyer shall be fully responsible for the management of the Company’s assets and the assets of its affiliations in accordance with law and applicable regulations, and in accordance with the conditions and authorizations required for such assets and activities. The Buyer shall be responsible to the Federation of Bosnia and Herzegovina and Sarajevo Canton for all ecological damage stemming from the management of the assets owned by the Company and its affiliations after signing the Agreement and for activities that violate standing ecological laws.

RESPONSIBILITY OF THE BUYER. The Buyer shall be fully responsible for the management of the Company’s assets and managing the assets of the Company and its affiliations affiliates in accordance with law applicable laws and applicable regulationsregulations and the terms, and in accordance with the conditions and authorizations authorisations required for such assets and activities. The Buyer shall be responsible liable to the Federation of Bosnia and Herzegovina and Sarajevo Canton for all ecological damage stemming resulting from the management of the assets owned by the Company and its affiliations after affiliates subsequent to the date of signing the this Agreement and for activities any actions that violate standing ecological lawsthe environmental laws existing and applicable at that point of time.