Unless otherwise provided in the Agreement, the SENDING PARTY and the RECEIVING PARTY shall each be liable for their negligent acts or omissions causing any loss or damage to any parties except for the RECEIVING PARTYand the SENDING PARTY (hereinafter – “Third parties”). That said, the RECEIVING PARTYand the SENDING PARTY shall individually reimburse Third Parties and shall indemnify, defend and hold each other harmless in this regard.