Common use of Responsibility of the Parties Clause in Contracts

Responsibility of the Parties. 5.1. The Parties undertake to indemnify each other against any loss (damage) incurred as a result of partial or full non-fulfillment or improper fulfillment of the Agreement, while compensation of loss (damage) does not exempt the Parties from fulfilment/payment of obligations assumed under the Agreement. 5.2. In case of several overdue debts under the Agreement on the Secured Claims, the Bank is authorized to, with the purpose of meeting the Bank’s claims with the money received as a result of the foreclosure, determine the sequence and order of priority of existing payables.

Responsibility of the Parties. 5.1. The Parties undertake to indemnify each other against any loss (damage) incurred as a result of partial or full non-non- fulfillment or improper fulfillment of the Agreement, while compensation of loss (damage) does not exempt the Parties from fulfilment/payment of obligations assumed under the Agreement. 5.2. In case of several overdue debts under the Agreement on the Secured Claims, the Bank is authorized to, with the purpose of meeting the Bank’s claims with the money received as a result of the foreclosure, determine the sequence and order of priority of existing payables.

Responsibility of the Parties. 5.17.1. The Parties undertake to indemnify each other against any loss (damage) incurred as a result of partial or full non-fulfillment or improper fulfillment of the Agreement, while compensation of loss (damage) does not exempt the Parties from fulfilment/payment of obligations assumed under the Agreement. 5.27.2. In case of several overdue debts under the Agreement on the Secured Claims, the Bank is authorized to, with the purpose of meeting the Bank’s claims with the money received as a result of the foreclosure, determine the sequence and order of priority of existing payables.

Responsibility of the Parties. 5.14.1. The Parties undertake to indemnify each other against any loss (damage) incurred as a result of partial or full non-fulfillment or improper fulfillment of the Agreement, while compensation of loss (damage) does not exempt the Parties from fulfilment/payment of obligations assumed under the Agreement. 5.24.2. In case of several overdue debts under the Agreement on the Secured Claims, the Bank is authorized to, with the purpose of meeting the Bank’s claims with the money received as a result of the foreclosure, determine the sequence and order of priority of existing payables.

Responsibility of the Parties. 5.14.1. The Parties undertake to indemnify each other against any loss (damage) incurred as a result of partial or full non-non- fulfillment or improper fulfillment of the Agreement, while compensation of loss (damage) does not exempt the Parties from fulfilment/payment of obligations assumed under the Agreement. 5.24.2. In case of several overdue debts under the Agreement on the Secured Claims, the Bank is authorized to, with the purpose of meeting the Bank’s claims with the money received as a result of the foreclosure, determine the sequence and order of priority of existing payables.

Responsibility of the Parties. 5.16.1. The Parties undertake to indemnify each other against any loss (damage) incurred as a result of partial or full non-fulfillment or improper fulfillment of the Agreement, while compensation of loss (damage) does not exempt the Parties from fulfilment/payment of obligations assumed under the Agreement. 5.26.2. In case of several overdue debts under the Agreement on the Secured Claims, the Bank is authorized to, with the purpose of meeting the Bank’s claims with the money received as a result of the foreclosure, determine the sequence and order of priority of existing payables.