Adjustment of Liability. The amount which an Indemnitee shall be entitled to receive from an Indemnitor with respect to any indemnifiable Losses under this Article 8 shall be net of any insurance recovery by the Indemnitee on account of such Losses from an unaffiliated party.
Appears in 5 contracts
Samples: Asset Purchase Agreement (Weatherford International Inc /New/), Asset Purchase Agreement (Weatherford International Inc /New/), Asset Purchase Agreement (Weatherford International Inc /New/)
Adjustment of Liability. The amount which an Indemnitee shall be entitled to receive from an Indemnitor with respect to any indemnifiable Losses Loss under this Article 8 10 shall be net of any insurance recovery by the Indemnitee on account of such Losses Loss from an unaffiliated party.
Appears in 2 contracts
Samples: Asset Purchase Agreement (DXP Enterprises Inc), Asset Purchase Agreement (DXP Enterprises Inc)
Adjustment of Liability. The amount which an Indemnitee shall be entitled to receive from an Indemnitor with respect to any indemnifiable Losses Loss under this Article 8 7 shall be net of any insurance recovery by the Indemnitee on account of such Losses from an unaffiliated partyLoss.
Appears in 2 contracts
Samples: Share Purchase Agreement (Energy Ventures Inc /De/), Share Purchase Agreement (Evi Inc)
Adjustment of Liability. The amount which an Indemnitee shall be entitled to receive from an Indemnitor with respect to any indemnifiable Losses Claims under this Article 8 10 shall be net of any insurance recovery by the Indemnitee on account of such Losses Claims from an unaffiliated party.
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Adjustment of Liability. The amount which an Indemnitee shall be entitled to receive from an Indemnitor with respect to any indemnifiable Losses under this Article 8 7 shall be net of any insurance recovery by the Indemnitee on account of such Losses from an unaffiliated party.
Appears in 1 contract
Samples: Asset Purchase Agreement (Offshore Tool & Energy Corp)
Adjustment of Liability. The amount which an Indemnitee shall be entitled to receive from an Indemnitor with respect to any indemnifiable Losses under this Article 8 shall be net of any insurance recovery by the Indemnitee on account of such Losses from an unaffiliated partyparty and net of the amount of a tax benefit actually realized by the Indemnitee on account of such Losses.
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Adjustment of Liability. The amount which an Indemnitee shall be entitled to receive from an Indemnitor with respect to any indemnifiable Losses Loss under this Article 8 10 shall be net of any actual insurance recovery received by the Indemnitee at the time of such indemnification on account of such Loss under any Third Party Claim; provided, however, that any costs of obtaining such recovery shall further constitute Losses from an unaffiliated partythat are indemnifiable under this Article 10.
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Adjustment of Liability. The amount which an Indemnitee shall be entitled to receive from an Indemnitor with respect to any indemnifiable Losses under this Article 8 5 shall be net of any insurance recovery by the Indemnitee on account of such Losses from an unaffiliated party.
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